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Tag: Budget
COVID-19
New Funding Initiatives Seek to Help North Carolina Rebound Amid COVID-19
In an effort to help students access and complete postsecondary education in the wake of the COVID-19 pandemic, North Carolina Gov. Roy Cooper has directed $51.4 million in new funding initiatives across the state.
May 28, 2021
Community Colleges
California Gov. Newsom Proposes $12 Billion Increase in Higher Ed Investments
California Gov. Gavin Newsom has proposed a $12 billion increase for higher ed, with investments in college affordability, strengthening pathways, improving time to degree and graduation and addressing COVID-19 pandemic impacts on students. The investments aim to close racial equity gaps, which have been exacerbated during the pandemic. The higher ed budget proposed in the […]
May 18, 2021
COVID-19
U of Minnesota Might Borrow $82M to Cover COVID-19 Budget Deficit
Projecting a $166 million budget deficit brought on by COVID-19, The University of Minnesota might borrow as much as $82 million to cover lost athletic and housing revenue, reports the Minneapolis/St. Paul Business Journal. University administrators pitched the proposal to the Board of Regents on Thursday, and the regents plan to vote on the proposal […]
December 11, 2020
News Roundup
Youngstown State University Faculty Strike Over Contract Dispute
Faculty members at Youngstown State University have gone on strike to potentially reach a new three-year contract with the school reported cleveland.com The three-year deal did not offer any pay increases in the first year. However, there were increases of 1% in the second year and 2% in the third year, according to university officials. […]
October 12, 2020
Sports
William & Mary Athletic Director Resigns After Decision to Cut 7 Varsity Sports Sparks Controversy
Samantha Huge, William & Mary’s athletic director, resigned Tuesday after facing “widespread” community dissatisfaction with her decision to cut seven sports last month, reports The Virginian-Pilot. Citing COVID-19 and the financial toll it has taken on institutions across the country, Huge had reported growing budget deficits within the athletics department last month. Consequently, she announced […]
October 6, 2020
Faculty & Staff
Can Faculty at Historically Black Colleges and Universities Replicate Part of the HBCU Experience Through an Online Format?
It is important for HBCUs to recognize that online learning continues to be one the fastest growing sectors of higher education. Online learning has increasingly become a more widely accepted and viable option. The COVID-19 pandemic has only intensified the need for this option and has pushed institutions to adopt virtual instruction rapidly.
June 9, 2020
Faculty & Staff
Athletics Are Not Expendable, if Education is Our Goal
These are troubling times for higher education. With budgets tightening, hiring and salary freezes, and the possibility of cuts looming, many are looking for ways to save our institutions. It may not be surprising that some are calling for cuts to athletics before other departments.
May 13, 2020
COVID-19
Moody’s Lowers Higher Education Sector’s Outlook to Negative Due to Coronavirus
Moody’s, a credit rating agency, this week downgraded its U.S. higher education outlook from ‘stable’ to ‘negative’, as college and university operations in the country have been thrown into complete disarray due to the spread of the coronavirus.
March 19, 2020
Latest News
Idaho House Kills Higher Ed Budget Citing Overspending on Diversity Programs
The Idaho House shot down a proposed $630 million higher education budget in a 37-32 vote on Monday after representatives argued that some of the state’s four-year colleges and universities were overspending on diversity and inclusion initiatives, reported the Idaho Statesman. The budget, via House Bill 603, would have increased general fund spending for Idaho’s […]
March 11, 2020
Sports
SUNO Suspends All Athletic Programs Due to Financial Issues
Southern University at New Orleans (SUNO) suspended all athletic programs as a result of lingering financial issues, according to Victory Sports Network. The suspension will impact around 60 student-athletes and coaches. SUNO had five athletic programs including men’s and women’s basketball teams, men’s and women’s track-and-field teams and a women’s volleyball team. The historically Black […]
December 12, 2019
Faculty & Staff
Yale University Renews Faculty Excellence and Diversity Initiative Program
Dr. Peter Salovey, president of Yale University, announced that the institution will renew its Faculty Excellence and Diversity Initiative (FEDI) for another five years. The program, which aims to diversify and develop more faculty members, was in its last year of an initial five-year period. The university will increase the program’s budget from $50 million […]
December 11, 2019
News Roundup
Universities Hit Back as Brazil Slashes Scholarship Funds
RIO DE JANEIRO — University deans and education experts in Brazil expressed their concern Thursday about the future of academic research after the education ministry announced it had blocked all forthcoming scholarships for master’s and doctoral students. Coordination for the Improvement of Higher Education Personnel, a foundation linked to the country’s education ministry, said Wednesday […]
May 9, 2019
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