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finance

Here are 3 ways your procurement office is changing

Do purchase orders and long-term service contracts reflect a university's strategic mission? They may matter more than ever, according to two women at the forefront of procurement.

Are latest layoffs at this university a first look at the FAFSA fiasco’s consequences?

Universities are receiving fewer FAFSA submitters and looking at smaller enrollment numbers than last year due to this year's federal aid delays. Small- to mid-sized private colleges recuperating from the pandemic have another steep hill to climb.

Higher ed funding: A look at 2 surprising trends

Higher ed funding, particularly at the state level, is not going in the direction one might expect at public colleges and universities a few years after the economic turmoil of the COVID pandemic. And neither is enrollment, according to a new analysis. 

How this university plans to reduce its budget deficit by $110 million in one year

"As a result of our budget decisions, the university will be in a position to allocate sufficient funds to ensure no college starts FY 2025 in a budget deficit," University of Arizona President Robert Robbins wrote in an email to the community ahead of the board meeting.

Colleges are staring down big hits to their bottom line next year due to these 3 reasons

The biggest casualty of an institution's thinned budget will be student support services, such as financial aid and tuition discount rates, says Bill Guerrero, University of Bridgeport's CFO.

Money Magazine rewards 34 colleges with 5-star ranking, prioritizing ROI and graduation rates

Money Magazine revamped its ranking due to the changing needs of average Americans looking for the best investment based on what they personally value amid higher education's inflated price tag. 

Remuneration under inflation: Adjusted faculty salaries and benefits continue to plummet

From fall 2019-22, full-time faculties' inflation-adjusted salary declined by 7.5%, driven by a CPI-U hike rivaling rates 40 years ago.

Higher fees for higher ed: How schools are combatting newly proposed tuition hikes

Inflation, decreased school endowments and state budget cuts are causing university tuition to rise by up to 9%. As a result, most colleges are choosing to pump up their financial aid packages and scholarship programs to cushion the blow to students.

Degrees from these colleges guarantee handsomely higher salaries in finance

A degree in finance from some of the country's most esteemed private institutions can earn a student at least $30,000 more than the median B.A. graduate earns, according to data collected by Looking Glass Institute.

Marshall University baseball gifted $10 million—of CARES Act funds

West Virginia's governor is honored to play a part in building Marshall University's new baseball stadium, but one official believes he is "grossly" misappropriating a huge chunk of COVID-related emergency funding to do so—and calling for a federal investigation.

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