How University of Arizona plans to shrink its deficit by $110M
Higher Ed Dive
APRIL 24, 2024
Now, the college is eyeing a balanced budget by fiscal 2026. The institution’s interim chief financial officer announced cuts and new revenue opportunities.
University of Arizona president to step down amid budgetary issues
Higher Ed Dive
APRIL 2, 2024
Robert Robbins told the institution’s governing board that he will leave his post by the end of his current contract, which expires in 2026.
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How Lesley University Descended Into Crisis - Julian J. Giordano, Harvard Crimson
Economics and Change in Higher Education
APRIL 14, 2024
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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Universities welcome budget to prevent Canadian “brain drain”
The PIE News
APRIL 17, 2024
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 Fined $14M for Clery Act Violations
Diverse: Issues in Higher Education
MARCH 8, 2024
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.
How this university plans to reduce its budget deficit by $110 million in one year
University Business
APRIL 24, 2024
The University of Arizona has gone through the wringer in the months since discovering a $177 million budget deficit last November. Moreover, the university plans to balance its budget by Jan. 1, 2026, according to a financial update posted on the school’s website. The university has already taken some immediate measures.
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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
MARCH 30, 2024
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%
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Baby Boomers Turning 80: The Flip Side of the 2026 Enrollment Cliff (#medugrift)
Higher Education Inquirer
OCTOBER 29, 2023
In 2026, the year we expect an enrollment cliff, the first Boomers will turn 80. However, unless there are dramatic cuts in the US healthcare system, K-12 education, and prisons, community colleges and non-flagship state universities are likely to face more austerity.
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Liberty University hit with $16M penalty for culture of fear to report sexual assault
University Business
MARCH 5, 2024
Liberty University will face a $16 million penalty for creating a culture where students were afraid to report when they suffered sexual violence. In addition to a $14 million fine, the Christian university will be required to spend $2 million over the next two years “for on-campus safety improvements and compliance enhancements.”
Welsh and Canada universities sign new partnership
The PIE News
JUNE 5, 2023
Universities in Wales and Canada have reached a new agreement to strengthen educational cooperation between the two countries. Institutions have committed to developing long-term relationships and promoting collaboration between the nations under a new Memorandum of Understanding signed by Universities Wales and Universities Canada on May 30.
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Drake University preparing to cut faculty, academic programs - Zach Tecklenburg, KCCI
Economics and Change in Higher Education
NOVEMBER 27, 2023
According to Drake University, the institution is working with a $128 million operating budget. According to meeting minutes, the university has reached an "understanding" with the board to have a plan in place by fiscal year 2025 to balance the operating budget by fiscal year 2026. million for the current fiscal year.
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Fairview plans end to current partnership with University of Minnesota
University Business
NOVEMBER 21, 2023
Fairview Health Services notified the University of Minnesota on Monday that it does not plan to extend its current partnership. It’s a large string of hospitals and clinics in the state — and a major source of funding for the university’s medical school. The partnership will run through the end of 2026. Read more from MPR News.
UK must be wary of “tipping points” – former minister
The PIE News
APRIL 8, 2024
The UK higher education industry needs to be more savvy to “tipping points” where other parts of society may see reasons to attack the sector, according a former universities minister. “It’s a classic example of the media can take advantage and say universities are not looking after their international students.”
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Tennessee State University Planning to be First HBCU Sponsor for Ice Hockey Program
Diverse: Issues in Higher Education
JUNE 29, 2023
Tennessee State University (TSU) is looking to become the first HBCU to sponsor an ice hockey program, The Athletic reported. If I’m talking to a student-athlete, I say, ‘Why not come to Tennessee State University? The associated costs for introducing ice hockey at TSU is estimated to be “in the six figures,” Allen said.
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Bob Jones University President Dr. Steve Pettit Submits Resignation
Diverse: Issues in Higher Education
MARCH 31, 2023
Bob Jones University President Dr. Steve Pettit will resign at the end of the current school year. Dr. Steve Pettit “It has been one of the greatest privileges of my life to serve as the president of Bob Jones University,” Pettit said. “My Pettit submitted his resignation to the college’s board of trustees Mar.
Can Technology Help Community Colleges Avoid the Enrollment Cliff?
EdTech Magazine - Higher Education
OCTOBER 27, 2023
What awaits college and university leaders is the long-predicted enrollment cliff, the period around 2025 or 2026 when the effects of the Great Recession on this country’s birth rate will be realized as dramatically fewer high school seniors reach graduation.
OIEG enters Australia with Notre Dame deal
The PIE News
JANUARY 18, 2024
International education company Oxford International Education Group has announced its first foray into the Australian market with an integrated program partnership with The University of Notre Dame Australia. In the last six months, OIEG has revealed partnerships with the University of Kent and Edinburgh Napier University in the UK.
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Though Ivy League admission has never been more selective they don’t boss university rankings
University Business
JANUARY 26, 2023
The acceptance rate for the Class of 2026 at Harvard was the lowest ever, down to 3.19% compared to 5.9% Meanwhile the number of applicants to the eight elite schools – Brown, Columbia, Cornell University, Dartmouth, Harvard, Princeton, UPenn and Yale – continues to rise. a decade before. In 2022 they were 3.7% ten years ago.
University of Maryland Leads Equity Efforts in Community Impacted by Transit Project
Insight Into Diversity
DECEMBER 14, 2022
The University of Maryland’s (UMD) Purple Line Corridor Coalition (PLCC) recently received $1.5 The PLCC will work with researchers, policymakers, and community advocates to ensure equitable and sustainable development surrounding the Purple Line, which is expected to be completed in 2026.
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Marquette announces $31M in cuts over 6 years - Laura Spitalniak, Higher Ed Dive
Economics and Change in Higher Education
APRIL 7, 2024
Marquette University, in Wisconsin, intends to cut $31 million from its operating budget by fiscal 2031, amid increasing economic and demographic pressures.In Marquette University, in Wisconsin, intends to cut $31 million from its operating budget by fiscal 2031, amid increasing economic and demographic pressures.In
Professor, Journalist to Pen Book on J. Cole and Kendrick Lamar Impact
Diverse: Issues in Higher Education
APRIL 4, 2024
West Chester University assistant professor Dr. Jeremy C. Award-winning journalist Earl Hopkins and West Chester University assistant professor Dr. Jeremy C. It is slated for release in the fall of 2026. McCool plan to write a book about the impact of Kendrick Lamar and J.
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At Amber: The financial position of UK universities
HEPI
JANUARY 13, 2024
I am referring to the long-awaited report that Universities UK (UUK) commissioned from PwC on the financial sustainability of higher education institutions. PwC make the usual nod that is always included in such reports about universities’ costs towards more ‘back-office efficiencies through shared services or automation’.
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Australian universities to offer ‘microcredentials’ in key areas to address skills crisis
The Guardian - Higher Education
JUNE 10, 2023
The 28 courses, or microcredentials, from 18 universities are designed to teach targeted skills that are more relevant for employers. Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading.
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PUCP launches online Master of Computer Science—the first degree from a Peruvian university on Coursera
Coursera blog
MARCH 1, 2023
1 university in Peru and one of the top 15 universities in Latin America. This is the first degree from a Peruvian university on Coursera. million roles that require tech skills will emerge in LATAM by 2026. millones de puestos de trabajo que requieran habilidades tecnológicas en LATAM para el año 2026.
St. Cloud State University Announces More Future Faculty Cuts Amid Worsening Financial Issues
Diverse: Issues in Higher Education
MAY 31, 2023
The plan will help reduce the deficit to about $9 million by fall 2025 and create a surplus of about $5 million by fall 2026, according to administrators. University leaders attributed the budget deficit to enrollment, insufficient staffing reductions, and high instructional costs. Cloud State President Dr. Robbyn Wacker.
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Never Ending US Higher Ed Enrollment Decline
Higher Education Inquirer
APRIL 19, 2023
In 2026 and 2027 we expect a more significant drop: a result of declining fertility rates during the 2008-2009 recession. So where does US higher education enrollment go after 2026? The declines have been small enough for many people outside of higher education to miss this phenomenon. Who's Next?
Brown extends test-optional policy for 2023-24 admissions cycle
University Business
MARCH 15, 2023
The University is the last Ivy League college to announce test-optional extensions through 2024. Of the students who enrolled in the class of 2026, 81% submitted a standardized test score — 54% submitted SAT scores and 27% submitted ACT scores, according to the University’s Common Data Set. Read more on The Brown Daily Herald.
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Big universities are flooded with applicants, forced to turn more away
University Business
MARCH 30, 2023
So much so, they’re remaining test-optional until 2026, at the least, and they believe that strategy is paying off. He kicked off THE’s webinar “University admissions: a flawed process?” ” by answering the question right out the gate: “It’s absolutely unfair.”
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New Construction Promotes Housing Security at Cal State Long Beach
Diverse: Issues in Higher Education
MARCH 28, 2024
The project, to be completed by the fall of 2026, is partly funded by California Senate Bill 183, which seeks to increase the availability of affordable student housing statewide. The Beach was awarded $53 million and was one of seven California State University campuses competitively selected to receive funding.
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Grant Fuels Black Studies Faculty Expansion at the University of Rochester
Insight Into Diversity
FEBRUARY 14, 2024
Since its launch in late 2022, the Department of Black Studies at the University of Rochester (UR) has worked to advance conversations surrounding Black and African culture and identity through an interdisciplinary, global lens. The goal is to have between 10 and 12 faculty members by the 2025-2026 academic year.
Over 20,000 former students granted permanent residency in Canada in 2023
The PIE News
NOVEMBER 7, 2023
It comes as Canada plans to stabilise permanency residency levels in 2026, marking a new strategy from the government after years of immigration growth. In 2026, the government will stabilise permanent resident levels at 500,000. Former international students still make up a minority of Canada’s new permanent residents.
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80% of UK providers face deficit risk if international numbers drop
The PIE News
JANUARY 17, 2024
Fees from international students are forecast to become up to 66% of all course fee income for 70 higher education institutions across England & Northern Ireland by 2026/27, new research shows. between 2021/22 and 2026/27 – a slower rate than the previous period. It comes as universities have been under pressure to find students.
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Is technology the ticket to bridging the £17bn gap in university income?
HEPI
JANUARY 23, 2024
UK universities are set to lose more than £17bn in real income over the next four years as persistent inflation erodes the value of tuition fees, according to newly released research. Tuition fees for domestic students have been capped at £9,250 since 2017, giving universities limited options to offset the impact of rising prices.
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Cutting 1 of 6 positions at UW-Oshkosh saved $15M, but there's still a $3M shortfall - Kimberly Wethal, Madison.com
Economics and Change in Higher Education
DECEMBER 31, 2023
It’s still a “significant gap,” Leavitt wrote — larger than the projected shortfalls at four of the other Universities of Wisconsin campuses as of August — but UW-Oshkosh has plans to make up the rest of the shortfall by June 2026.
New College of Florida Trustee Mary Ruiz resigns
University Business
AUGUST 3, 2023
Ruiz was appointed to the New College board of trustees by the Florida State University System Board of Governors and predated the six trustees appointed by Gov. 2026, according to the school’s website. The post New College of Florida Trustee Mary Ruiz resigns appeared first on University Business. Ron DeSantis in January.
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Louisiana’s U of Holy Cross to Reduce Size of Faculty
Inside Higher Ed
MARCH 15, 2023
The University of Holy Cross, in Louisiana, will reduce the size of its faculty from 74 to 60 by 2026, 4WWL News reported. The university said most of those impacted by the change will be instructors of general studies. Ad keywords: administrators faculty Is this diversity newsletter?
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These are the most attended Ivy League universities by state
University Business
DECEMBER 9, 2022
Cornell and Harvard University, two of the most prestigious Ivy Leagues in the country are leading institutions when it comes to bringing in students from around the nation. Only 16% of Harvard’s class of 2026 consists of international students, according to the school’s admissions statistics. University of Pennsylvania.
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Inquiry launched into England’s reliance on international students
The PIE News
APRIL 29, 2024
The UK’s Education Committee has launched an inquiry into international students in English universities. The inquiry will see the committee examine the changes in numbers of international students in recent years, the impact of international students on university funding and the availability of places for domestic students.
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Int’l schools’ UCAS applications outpacing others
The PIE News
OCTOBER 12, 2023
The report , Investing in International Schools: How UK Universities Can Meet Their Quality & Diversity Goals in 2024 highlighted that applications from BridgeU international school students have risen by a compound annual growth rate of 12% between 2017 and 2022.
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Expanding immersive learning: Coursera launches new VR course experiences from leading universities and AR content from Meta
Coursera blog
APRIL 13, 2023
The global markets for augmented reality (AR) and virtual reality (VR) specifically are projected to reach $88 billion by 2026. Today, we’re excited to announce new VR-enabled course experiences from Duke University, Peking University, and the University of Washington, which harness the power of VR to make learning even more engaging.
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Football Playoffs to Expand From 4 to 12 Teams
Inside Higher Ed
SEPTEMBER 6, 2022
The new playoff will be used in the 2026 season definitely and may be used in the 2024 and 2025 seasons. “This is an historic and exciting day for college football,” said Mark Keenum, the president of Mississippi State University and chairman of the Board of Managers.
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Massey Singapore confirmed amid finance issues
The PIE News
SEPTEMBER 5, 2023
A university in New Zealand has confirmed a significant expansion of programs in Singapore, just a month after confessing it was in the most “difficult financial situation” it had ever faced. One commentator on LinkedIn, Chris J Reed , argued that the university should not be criticised for attempting to expand its outreach.
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Opposition Against Northwestern Stadium Renovation Grows Amid Hazing Scandal Fallout
Diverse: Issues in Higher Education
JULY 13, 2023
Amid a hazing scandal and the subsequent firing of Northwestern University football coach Pat Fitzgerald , some faculty, alumni, and investors are pushing back against the school’s plans for a $800 million renovation of its football stadium, CBS reported. But calls to delay are increasing.
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Louisiana’s U of Holy Cross to Reduce Size of Faculty
Inside Higher Ed
MARCH 14, 2023
The University of Holy Cross, in Louisiana, will reduce the size of its faculty from 74 to 60 by 2026, 4WWL News reported. The university said most of those impacted by the change will be instructors of general studies. Ad keywords: administrators faculty Editorial Tags: Live Updates Is this diversity newsletter?
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