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Tag: Finances
News Roundup
Governor Calls For Review of Kentucky State’s Finances After President Resigned
Kentucky Gov. Andy Beshear has signed an executive order calling for an independent review of Kentucky State University’s finances after the historically Black university’s president, Dr. M. Christopher Brown II, resigned earlier this week, reports the Courier Journal. The Kentucky Council on Postsecondary Education (CPE) will provide “guidance and oversight” during the review by assessing […]
July 22, 2021
Students
Focusing on First-Generation Students in College Admissions
To my fellow selective college admissions deans, I am asking for a mindset shift. We must stop being receivers of applications. We started in this work as admissions counselors, taught to counsel students to find the right path. Somewhere along the way to our seats at the top, we got complacent. We got comfortable. It didn’t happen overnight, but it happened. We stopped counseling and started receiving.
December 9, 2020
Students
CED Provides Recommendations for Higher Education Reform After COVID-19
New research conducted by the Committee for Economic Development of the Conference Board (CED) provides recommendations to policymakers for how to mitigate the effects of the COVID-19 pandemic on the higher education system.
August 5, 2020
COVID-19
U of Colorado Forgoes Tuition Hikes Amid COVID-19 Concerns
The University of Colorado (CU) won’t raise tuition for nearly all students across the system’s four campuses for the 2020-2021 academic year in an effort to reduce the financial stress on students amid the COVID-19 pandemic, reports The Denver Post. It’s an unprecedented decision said CU officials who added that they can’t remember a year […]
May 20, 2020
HBCUs
Study: Amid Pandemic, U.S. Colleges More Financially Vulnerable Than International Peers
U.S. colleges and universities are more vulnerable than international peers to financial hardships caused by coronavirus-related shutdowns, says a new study from Moody’s Credit Rating Agency.
April 13, 2020
COVID-19
Report: Pandemic May Put Financial, Enrollment Strain On Colleges
The COVID-19 pandemic, and the campus closures that have ensued, could pose significant enrollment and financial challenges to colleges and universities, according to a recent report from Fitch Ratings, a credit rating agency.
March 17, 2020
HBCUs
SUNO Cuts Staff, Suspends Athletic Programs
In response to insufficient finances, Southern University at New Orleans — the city’s only historically Black public university — has cut several staff members and has accepted “a significant number” of resignations, reported The New Orleans Advocate. The school, which was placed on probation by its accrediting agency due to its financial struggles, hopes to avoid a second consecutive year of probation.
January 13, 2020
News Roundup
CSU Chancellor Defends Reserves
California State University (CSU) chancellor Dr. Timothy White said a state audit that revealed the school withheld $1.5 billion in reserves was “profoundly misleading” but not untrue, the Associated Press reported. The audit was conducted by state auditor Elaine Howle, who found that the legislature was unaware of the money. White claimed that the reserve […]
August 14, 2019
Students
Poll: Americans are Optimistic about Financial Future
A new poll conducted by Quinnipiac University asked 1,590 American adults around the country how they feel about their financial future, the way economics is reported in the media and student loans. The Quinnipiac University National Poll found that 75 percent of Americans are optimistic about their financial future and 19 percent are pessimistic. Broken […]
March 27, 2019
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