The University of Kentucky had a problem: Enrollment was up significantly, but the number of residence hall spots remained stagnant. With 5,000 beds available in 22 campus residence halls, the university could accommodate incoming freshman—but a growing number of sophomores desiring on-campus housing were being turned away. Eric Monday, executive vice president of finance and […]

Outside the circle of higher ed facilities managers, it's the shiny new campus buildings that get all the glory. Yet what facilities insiders know all too well is that existing buildings are in dire need of attention. Aging buildings, a recent economic downturn and pressure to invest in new construction has led to rising deferred […]

Fossil fuel and private prison divestment may make the biggest headlines when it comes to how colleges invest endowment funds—but it's not actually that common a practice. A growing number of colleges and universities now seek bigger impacts—and substantial financial returns—with a strategy known as "ESG." Schools invest in companies that match the institution's ideals […]

Seconds tick by. Vendors submit bid after bid in real time, battling it out to win the business of the campus procurement office. The opposite of eBay, this reverse auction format results in the price going down with each bid. The campus department puts a specified commodity or service up for bid on a digital […]