The president of the New School in Manhattan is about to lose an extraordinary perk: a five-story West Village townhouse that for decades has served as the university head’s official residence. The school, which projected a $52 million budget shortfall for the 2024 fiscal year, is asking $20 million for the home as it seeks to stabilize its finances. […]
After an 8% percent drop off in fiscal year 2022, endowment has surged back, nearly recouping its loss with a 7.7% gain, according to the latest report by the National Association of College and University Business Officers and Commonfund (NACUBO-Commonfund).
Colleges whose graduates create the most business within the respective community enjoy benefits far beyond bragging rights or prestige, including boosts to the economy and robust alumni networks.
Thanking UA President Robert Robbins for his leadership and cooperation, Arnold and Regent Fred DuVal said plans to centralize the university’s budget, as well as action taken to reduce spending late in the fall, were potentially successful steps to reverse course on 2023’s overspending—and said that widespread decentralized spending was the root cause of the […]
Unlike at Harvard, presidents and administrative leaders spared a tumultuous beginning of the year will bid farewell to their communities on good terms, in pursuit of better opportunities.
The rise in adult learners and digital learning modalities has added new layers to some of higher ed's most puzzling problems. AI is the joker in the deck that poses new challenges—and wonderfully new solutions.