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U.S. Representative Tom Reed discusses his legislation requiring colleges with wealthiest endowments to spend more on student aid -- or face penalties.
Public college foundations raise money in part to offset tight state budgets. But Rhode Island's governor is tapping foundation money to pay for state business.
Lawmakers are again raising questions about wealthy universities' endowments -- and tossing around ideas to crack down on them.
As charitable donations to higher education soar to a new record high, the richest institutions continue to distance themselves from the rest.
Universities in Illinois are covering millions in state costs as politicians continue to debate a 2015-16 budget halfway into the fiscal year.
A new report recommends a form of strategic alliance among colleges that is more substantive than consortia but less likely to fail than outright marriages.
A spate of higher education scandals in Illinois prompt the question: Is it time for states to crack down on executive compensation and exit packages?
While discussing the Higher Education Act, Vanderbilt's chancellor equated cost of compliance to $11,000 per student -- and the message snowballed.
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.
Marian Court College's president says after years of declining enrollment and tuition revenue, the institution ran out of options -- sooner than professors expected.
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