Business / financial management

Proposed U.S. rules on financial products draw criticism, praise

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Colleges and banks say new Education Department rules governing debit cards and more would limit choice and might be illegal, while consumer advocates urge the agency to crack down even further.

Enrollment declines drove closure of Marian Court College

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Marian Court College's president says after years of declining enrollment and tuition revenue, the institution ran out of options -- sooner than professors expected.

Ohio 2-year colleges to share administrators in bid to cut operating costs

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Two small two-year institutions in northwest Ohio craft plan to combine key administrative positions to save money. Officials say no merger is planned -- but faculty leaders are skeptical.

University Senate report calls on Rutgers athletics to become self-sustaining

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After years of having one of the most highly subsidized athletics departments, a universitywide panel at Rutgers pushes reforms that would end contributions from student fees and the university.

Drexel U. charts a new course for itself

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The ambitious private university is charting a new course than curbs some its efforts to expand outside of Philadelphia. 

Wisconsin looks to cut higher ed by $300M, tries to give something in return

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Governor Scott Walker wants to remove $300 million from university system, and offers campuses more autonomy in return. But higher ed leaders say the trade isn't nearly enough to offset the cuts.

Grand Canyon U., a major for-profit college, considers becoming nonprofit

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One of the nation's largest for-profit colleges is thinking about becoming a nonprofit. 

How to reverse and prevent state disinvestment in higher education

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Documenting state disinvestment in public higher ed (and especially community colleges), think tank report urges new federal-state "compact."

 

Kentucky State U., an HBCU, drops a quarter of its students for unpaid bills

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Kentucky State University tells a fourth of its student body to leave because they haven't paid their bills.

A (slightly) more nuanced Bill Gates offers vision of higher education

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The Microsoft founder and head of influential foundation tells college business officers that big changes are on the way -- but offers moderated views on role of technology and push for college completion.

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