Historically, the cost of utilities has been the dominant area of spending. Although that continued in FY2022, spending rose in every area tracked by the Commonfund Higher Education Price Index.
Machine learning is helping institutions more accurately predict the labor market value of the experiences they provide students and then translate those experiences into in-demand, marketable skills.
Market conditions were "insurmountable" for Cazenovia College, which faces a deficit of several million dollars after a 40% decline in enrollment and investments made to cope with COVID.
More than $8.5 million was raised by higher education institutions, with nearly 250 institutions receiving 30 or more donations in the span of one day.
About 650 schools were graded based on the clarity of requirements and award amounts, as well as consistency in the application process. Colleges face no transparency requirements in issuing merit-based scholarships, "leaving each college to decide how upfront or opaque it wants to be," according to the CAP Report Card released by College Aid Pro.
Recessions typically lead to an uptick in enrollment, but the aftereffects of the pandemic are injecting yet more uncertainty into how hard the expected economic slowdown will hit colleges and universities.
Two Indiana student loan borrowers filed an emergency request arguing that the Biden's initiative is unlawful and forces them to pay more in taxes, given that the canceled debt is technically taxable income per state law.
