Finance
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Eastern Oregon University slashes budget by nearly $5M to close deficit
The rural institution will leave nearly two dozen jobs unfilled, cut a handful of staff and raise tuition.
By Ben Unglesbee • May 17, 2024 -
Financially struggling 2U adds 6 new programs to Pepperdine University partnership
The online program manager has lost significant chunks of potential revenue as some of its other university clients scale back their ties with the company.
By Ben Unglesbee • May 17, 2024 -
Trendline
The Higher Ed Dive Outlook for 2022
Big questions are on tap as enrollment pressures collide with online learning's growth, major court cases loom and for-profit colleges try to find footing amid changing regulations.
By Higher Ed Dive staff -
Deep Dive
Dartmouth College is investing $500M to become a sustainability leader. Will others follow?
The Ivy League institution is overhauling infrastructure to improve efficiency. But there are other ways to lighten a campus’s environmental impact.
By Ben Unglesbee • May 16, 2024 -
Delta State budget plan would cut about 20 degrees
The Mississippi university faces a $3 million budget gap after burning through cash reserves and suffering years of enrollment declines.
By Ben Unglesbee • May 15, 2024 -
Tuition discounts at private nonprofit colleges reach new highs, study finds
The discount rate rose to 56.1% for first-time, full-time students, estimates from the National Association of College and University Business Officers show.
By Natalie Schwartz • May 15, 2024 -
Who is managing the endowments of the wealthiest colleges?
Data about the diversity of wealthy colleges' asset managers remains opaque, new Knight Foundation research finds.
By Laura Spitalniak • May 13, 2024 -
Penn State offers buyouts in budget-cutting effort
Faced with chronic deficits, the university is offering faculty and staff at its 20 commonwealth campuses a year’s pay to retire early or leave their jobs.
By Ben Unglesbee • May 10, 2024 -
‘A matter of right-sizing’: A look at St. Cloud State’s plan to cut 46 degrees
The Minnesota university still has a strong revenue base but faces too-high expenses, according to its acting president.
By Ben Unglesbee • May 8, 2024 -
State and local funding for higher education rose 3.7% in FY 2023
This marks the 11th year in a row for appropriations increases, according to an annual report from the State Higher Education Executive Officers Association.
By Natalie Schwartz • May 8, 2024 -
Columbus State Community College pares back staff to close budget gap
The Ohio community college faces a reported $6.8 million deficit and has cut 14 positions as it realigns resources.
By Ben Unglesbee • May 7, 2024 -
University of Minnesota plan would cut budgets, raise tuition amid 3.3% cost increase
The institution is still grappling with “across-the-board inflation” going into the next academic year.
By Ben Unglesbee • May 7, 2024 -
Ed tech venture funding hit lowest point in a decade in Q1 2024
Ed tech venture funding in 2023 reached just $2.97 billion, down 86% from 2021’s all-time high of $20.8 billion, according to a HolonIQ analysis.
By Roger Riddell • May 6, 2024 -
After brush with closure, Northland College unveils plan to downsize
The liberal arts institution is cutting $7 million from its budget and refocusing around eight in-demand majors.
By Ben Unglesbee • May 2, 2024 -
Drake University to cut 3 academic programs as it tries to balance budget
In approving the changes, the Iowa nonprofit’s board of trustees pivoted away from more significant cuts recommended earlier this year.
By Ben Unglesbee • April 30, 2024 -
University of Saint Katherine shuts down after less than 15 years
The California institution faced a “steep” cash shortfall and “extraordinary inflation,” according to a campus message shared on social media.
By Ben Unglesbee • April 30, 2024 -
Private regional colleges will face stiff competition from public institutions, Moody’s predicts
These challenges will be particularly pronounced in the Midwest and Northeast, where the pool of traditional college-age students is expected to shrink.
By Laura Spitalniak • April 26, 2024 -
University of St. Thomas cuts staff amid $10.5M budget shortfall
The Catholic college in Minnesota cited “headwinds affecting all of higher education” as it tries to close a budget gap.
By Ben Unglesbee • April 24, 2024 -
Northland officials sound a hopeful note after ‘transformative’ donations
The financially struggling institution said it received several gifts this week that have changed “the scope of the situation.”
By Ben Unglesbee • April 24, 2024 -
How University of Arizona plans to shrink its deficit by $110M
The institution’s interim chief financial officer announced cuts and new revenue opportunities. Now, the college is eyeing a balanced budget by fiscal 2026.
By Ben Unglesbee • April 24, 2024 -
HLC 2024
Waiting too long can doom a college merger, experts say
The best window for consolidation is usually gone by the time colleges are deeply distressed, panelists at Higher Learning Commission’s conference said.
By Ben Unglesbee • April 19, 2024 -
HLC 2024
‘We are not hospice’: The race to get faster in predicting college shutdowns
The Higher Learning Commission has been studying institutional closures under its purview to understand the signs of distress, officials with the accreditor said at its annual conference.
By Ben Unglesbee • April 18, 2024 -
Sponsored by Nelnet Campus Commerce
How flexible tuition payment options keep students enrolled
Nelnet Payment Plans: Ease financial burdens and keep students enrolled with flexible tuition payment options.
April 15, 2024 -
Greater financial strains loom over Wisconsin’s public universities, review finds
The system's president called on state lawmakers for more funding after financial reviews showed universities are facing deficits and liquidity issues.
By Ben Unglesbee • April 12, 2024 -
Ohio’s Sinclair Community College to shutter 2 locations
Although the two sites together enrolled around 5,500 students at their peak, they hosted just one class between them this semester.
By Ben Unglesbee • April 11, 2024 -
Biden’s new income-driven repayment plan faces another legal challenge
Seven Republican-controlled states filed a lawsuit against the plan, arguing that it amounts to an unauthorized grant program.
By Laura Spitalniak • Updated April 16, 2024