Business / financial management

University of Chicago cost cutting draws objections

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Faculty members and students worry they're paying the price for construction projects amid a focus on cutting administrative costs.

Small private college closes, blames Education Department sanction

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St. Catharine College is closing, and the small private institution blames its demise on a version of the same Education Department sanction that toppled the for-profit Corinthian Colleges.

Minn. town aims to attract campus as competition for branches heats up

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Red Wing, Minn., hopes to attract a four-year institution but faces stiff competition from larger, sunnier cities and a history littered with failed branch campus attractions across the country.

Proposed HBCU tuition cuts draw criticism in North Carolina

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Republican lawmakers back bill that would substantially cut tuition and revenue, and seek more student diversity, at five system campuses, four of which are minority-serving institutions.

Congressman discusses plan to force colleges to spend large endowments

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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.

Rhode Island governor tapped public college foundations to pay for state business

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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.

Congress returns to scrutiny of wealthy university endowments

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Lawmakers are again raising questions about wealthy universities' endowments -- and tossing around ideas to crack down on them.

Giving to colleges hits another record high; wealthy institutions get the most

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As charitable donations to higher education soar to a new record high, the richest institutions continue to distance themselves from the rest.

Universities left footing the bill as budget crisis looms in Illinois

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Universities in Illinois are covering millions in state costs as politicians continue to debate a 2015-16 budget halfway into the fiscal year.

Strategic alliances that are more expansive than consortia but less risky than mergers

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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.


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