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![Photo illustration of a slug in a graduation cap on money](/sites/default/files/styles/image_205_x_203/public/2023-11/endowments_slugish_returns.jpg?itok=pisEzAt_)
Universities See Sluggish Endowment Returns
Endowments boomed in fiscal year 2021 but returns have since fallen. Fiscal year 2023 brought minimal growth for most of the nation’s top endowments.
![Photo illustration of University Arizona's campus and UA president Robert Robbins](/sites/default/files/styles/image_205_x_203/public/2023-11/University_of_Arizona_Budget_Woes.jpg?itok=aQaRy2Ka)
University of Arizona Miscalculated by Millions
UA has much less cash on hand than the Board of Regents requires. The faculty is accusing the administration of financial mismanagement.
Magdalen College Announces Closure
2 Pacific Northwest Universities Call Off Merger
Texas A&M to Pay Record $75 Million to Buy Out Coach
![Stacks of $100 bills surround a clock face](/sites/default/files/styles/image_205_x_203/public/2023-09/overtime_change.jpg?itok=0hhZIj0f)
Colleges Predict Tuition Increases, Layoffs Under Proposed Overtime Rule
The Biden administration wants to dramatically expand employees’ eligibility for overtime. Supporters say that’s only fair. Institutions say it will cost them millions.
![A pair of scissors lying atop a piece of paper, cut in half, with the word "COST."](/sites/default/files/styles/image_205_x_203/public/2023-11/Untitled%20design%20%2880%29.png?itok=PORvm0L7)
To Change the Financial Model, Look to Academics
It’s the CAO—not the CFO—who is best positioned to bring meaningful change to the financial model, Carol A. Moore writes.
![A street scene of McGill University in Montreal](/sites/default/files/styles/image_205_x_203/public/2023-11/GettyImages-1235729276_0.jpg?itok=9zmtEko3)
The Latest on Campus Cuts
McGill University in Canada could cut hundreds of jobs due to projected enrollment losses, while other institutions are weighing much smaller reductions.
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