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finances

Penn State provides voluntary buyouts to mitigate its deficit

The university wants to cut nearly $100 million from its budget starting July 2025. It's a strategy leaders hope will provide long-term stability amid ongoing budget woes.

More than 80% of students are at least as stressed as last year with fall semester looming

The Supreme Court's rulings this summer had strong implications for a recent survey by TimelyCare. More than half of students reported stress or anxiety around its decisions on striking down affirmative action (53%) and denying Biden's student loan forgiveness (60%). Students submitted responses in July 2023, when the rulings were still top of mind.

Automation is top of mind as a means to combat shrinking dining service revenue

“Just as many of our programs have adapted to both an on-campus and remote element, we are seeing many opportunities to use mobile technology to collaborate with our surrounding communities to provide dining services to our students in the years ahead," said Mike Henderson of the University of Tennessee at Knoxville.

Elite private colleges may be the only financially healthy segment 3 years from now

A new report by consulting firm Bain & Company is forecasting the majority of higher education to be in a tough financial spot three years from now due to a confluence of operational challenges affecting institutions.

More than half of college students relied on mental health care in their youth

With nearly 1 in 3 high school girls in the U.S. having seriously considered suicide, the surge in adolescents' internal struggles speaks to the need for data-driven, equitable mental health resources on college campuses.

Survey: Students and parents stress cost and career prep when picking a college

More respondents chose a "college with the best program for my (my child’s) career interests" (38%) than they did a "college with the best academic reputation" (11%) as the two top factors in the selection process, according to The Princeton Review's 2023 College Hopes & Worries Survey Report.

Quality and attainment: 2023’s most—and least—educated states in America

The five states with the highest percentage of college degree holders were also the top 10 most educated states, according to WalletHub's study. Additionally, three of the top 10 most educated states had the best university degree quality on average.

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