Business issues

Second Opinion

Smart Title: 
With trust in short supply, increasingly skeptical faculty and students turn to independent auditors to analyze the state of university budgets.

Waiting for Cash in Illinois

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With the state unable to pay appropriated funds, the University of Illinois institutes furloughs and other colleges plead for money the government owes them.

Tangled Web at Wesleyan

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Connecticut college sues former investment manager, charging that, with friends and family members, he conspired to enrich himself and shortchanged his job.

No Med School Merger for Rice

Smart Title: 
University ends talks with Baylor College of Medicine, following a debate among faculty about pros and cons of partnership.

Sports Subsidies Soar

Smart Title: 
At time of financial peril in higher education, USA Today data show level of institutional financing for athletics programs is large and growing.

The Little Engines That Couldn't

Smart Title: 

In a twist on the old tale, the tortoise has won a sprint and the hare is leading the marathon. For the first time in the memory of most experts, colleges with small endowments ended the year with better returns than their elite counterparts, according to a survey released today by the National Association of College and University Business Officers (NACUBO) and Commonfund. But while small colleges investing heavily in low-risk, low-return assets lost the least in 2009, they’ve still been outdone, on average, by the wealthiest colleges over the last decade.

Risky Business

Smart Title: 
High risk, high reward research may have the most promise of changing lives, but funding remains elusive, a Congressional committee hears Thursday.

Joint Ventures, Pre-Distress

Smart Title: 
Small independent colleges typically seek private investment only as last resort. A Washington lawyer encourages them to seek outside money not to survive, but to grow.

Fading Stimulus Saved Colleges

Smart Title: 
State and local support for higher ed fell by $2.8 billion in 2009, but federal dollars delayed the painful cuts still likely to come, report finds.

Churning Out Companies

Smart Title: 
Annual survey of licensing and patents finds that universities created 542 start-ups and generated $2.4 billion in licensing revenue in 2008.

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