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Payroll Issues Prompt Canceled Classes at Saint Augustine’s
Some professors at struggling Saint Augustine’s University have unilaterally canceled classes, citing payroll problems. Now administrators are reassuring students that...
Columbia College Chicago President Steps Down
Columbia College Chicago president and CEO Kwang-Wu Kim is stepping down after recent tensions with faculty members and with cuts...
College Endowment Returns Ticked Up in Fiscal Year 2023
Thanks to strong public equity markets, endowment returns bounced back after falling last year. But they’re still a long way from the sky-high returns of FY 2021.
Donors Sue to Block Webster Endowment Reclassification
Donors, including a former trustee, are suing to block Webster University from reclassifying endowment funds to meet the terms of...
Webster Seeks to Unrestrict Endowment Funds
Beset by financial challenges, the university is seeking to reclassify $34 million in endowment funds to meet liquidity obligations for a $30 million loan.
Jamestown Business College to Close
Jamestown Business College, a for-profit institution in New York founded in 1886, is no longer accepting students and plans to...
Opinion
‘Colleges on the Brink’
Broken budgets, not hostile takeovers, are the biggest challenge for most presidents, Michael T. Nietzel and Charles M. Ambrose write.
State Support for Colleges Grew as Stimulus Funds Ebbed
Even with a reduction in federal stimulus funding, state support for higher education was up 10 percent in fiscal 2024.