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Facing $15 million deficit, St. Cloud State University to cut faculty, programs

University Business

In what has become an almost weekly parade of bad higher education financial news, another university has announced it must cut back dramatically on its academic programs and eliminate dozens of faculty positions to cope with a major budget deficit. On Monday, St. Read more from Forbes. The post Facing $15 million deficit, St.

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Liberty University Fined $14M for Clery Act Violations

Diverse: Issues in Higher Education

Department of Education’s Federal Student Aid (FSA) office has imposed a $14 million fine, resulting from a settlement agreement with Liberty University for material and ongoing violations of the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act, known as the Clery Act.

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How Lesley University Descended Into Crisis - Julian J. Giordano, Harvard Crimson

Economics and Change in Higher Education

Nearly five years later and 15 months into Steinmayer’s “Better Lesley” plan, low-enrollment programs have been cut, a $100 million campus renovation plan to consolidate and sell unused buildings is underway, and the university is on a plan to reach financial equilibrium by the 2026 fiscal year.

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Baby Boomers Turning 80: The Flip Side of the 2026 Enrollment Cliff (#medugrift)

Higher Education Inquirer

While COVID eliminated hundreds of thousands of older Americans from the dependency rolls, higher education experts have not expressed the profound effect that the Baby Boomers reaching their 80s will have on state budgets. In 2026, the year we expect an enrollment cliff, the first Boomers will turn 80.

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Universities welcome budget to prevent Canadian “brain drain”

The PIE News

Canadian universities have welcomed president Trudeau’s new federal budget announced on April 16, hailing funding boosts for academic research and graduate scholarships and greater support for student housing and mental healthcare. The post Universities welcome budget to prevent Canadian “brain drain” appeared first on The PIE News.

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Liberty University hit with $16M penalty for culture of fear to report sexual assault

University Business

Liberty University will face a $16 million penalty for creating a culture where students were afraid to report when they suffered sexual violence. Department of Education, is the largest of its kind. And it will be under federal monitoring through April 2026. The financial sanction, announced on Tuesday by the U.S.

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Marquette University Aims To Cut Budget By $31 Million In Next 6 Years - Michael T. Nietzel, Forbes

Economics and Change in Higher Education

The leadership of Marquette University, a Jesuit institution in Milwaukee, outlined plans on Monday to reduce its annual budget by a cumulative $31 million by Fiscal Year 2031. In the near term, the university has set a goal of cutting its operating costs by $11 million in FY 2026, equal to approximately a 2.5%