Josh Moody

Numerous colleges announced or completed plans to cut academic programs or jobs in February. Many of those institutions are in the Midwest—particularly Ohio.

Thanks to strong public equity markets, endowment returns bounced back after falling last year. But they’re still a long way from the sky-high returns of FY 2021.

Colorado College president L. Song Richardson is stepping down in order to “fully engage” in national debates in a way she feels unable to do in her current role.

FAU’s search for a new president started in January 2023, but state officials suspended it in July, alleging missteps. Today the process remains stuck in limbo.

Beset by financial challenges, the university is seeking to reclassify $34 million in endowment funds to meet liquidity obligations for a $30 million loan.