PicoFeed The Chronicle of Higher Education | Finance http://www.chronicle.com/section/Finance/17/ 2018-08-15T19:17:46-04:00 The Chronicle of Higher Education Enough ‘Do More With Less.’ It’s Time for Colleges to Find Actual Efficiencies. http://www.chronicle.com/article/Enough-Do-More-With/244279 2018-08-15T17:48:25-04:00 Most institutions have “zero idea how they earn a living” and where their margins are across programs, says Rick Staisloff, a consultant on finance and strategy. By Scott Carlson Georgia Tech’s Finance Chief Is Out After Campus Gave ‘Boat Load of Money’ to Company That Paid Him http://www.chronicle.com/article/Georgia-Tech-s-Finance-Chief/244073 2018-07-27T14:04:00-04:00 A report about Steven G. Swant discovered conflicts of interest and misuse of campus resources. By Lindsay Ellis How Much Is Tuition? At the U. of Illinois, Like Many Research Universities, It’s Complicated http://www.chronicle.com/article/How-Much-Is-Tuition-At-the-U/243837 2018-07-03T21:17:28-04:00 More than half of the nation’s public research institutions now charge different tuition levels based on students’ majors. The practice raises revenue, but critics say it does so at the expense of lower-income students. By Eric Kelderman Sweet Briar College Is Placed on ‘Warning’ by Accreditor http://www.chronicle.com/article/Sweet-Briar-College-Is-Placed/243692 2018-06-15T17:07:00-04:00 The Virginia institution, which narrowly avoided closing in 2015, was faulted for failing to meet financial standards. By Eric Kelderman What Can Research Tell Us About Steep Cuts for Public Colleges? http://www.chronicle.com/article/What-Can-Research-Tell-Us/243605 2018-06-06T20:54:14-04:00 Higher education has struggled for a decade to manage the economic and political instability following the Great Recession. Now researchers are trying to understand that struggle. By Eric Kelderman Another Small College, Marylhurst U., Will Close After Years of Declining Enrollment http://www.chronicle.com/article/Another-Small-College/243449 2018-05-17T17:58:00-04:00 The 125-year-old Roman Catholic university had tried to create a niche market for adult learners. By Julian Wyllie Michigan State Just Agreed to Pay $500 Million to Settle Sexual-Abuse Claims. Where Will It Find the Money? http://www.chronicle.com/article/Michigan-State-Just-Agreed-to/243431 2018-05-16T19:54:00-04:00 Options include using tuition, redirecting money in its budget, borrowing, or relying on insurers. By Dan Bauman Michigan State Will Pay $500 Million to Settle With Victims of Larry Nassar http://www.chronicle.com/article/Michigan-State-Will-Pay-500/243424 2018-05-16T12:47:00-04:00 The university said it would hand over $425 million now and put $75 million into a trust fund for people who allege in the future that the disgraced sports doctor sexually abused them. By Fernanda Zamudio-Suaréz UMass-Boston Faculty Votes No Confidence in System’s Leaders Over Purchase of Small College http://www.chronicle.com/article/UMass-Boston-Faculty-Votes-No/243415 2018-05-15T12:57:00-04:00 The Faculty Council said the acquisition of the shuttered Mount Ida College unfairly favored the flagship campus, in Amherst, over Boston. By Fernanda Zamudio-Suaréz Why a Public Flagship’s Acquisition of a Private College Made So Many Upset in Massachusetts http://www.chronicle.com/article/Why-a-Public-Flagship-s/243209 2018-04-23T18:56:48-04:00 The University of Massachusetts at Amherst said this month it would buy a campus that was shutting down, Mount Ida College. People at UMass-Boston weren’t thrilled. By Bianca Quilantan Top-Ranked Colleges Spend Their Money Differently From the Rest. Here’s How. http://www.chronicle.com/article/Top-Ranked-Colleges-Spend/243146 2018-04-17T14:28:00-04:00 They devote more of their payrolls to human resources, for example. But don’t take that as a recipe for success, says Paul Friga, the researcher behind a new data analysis. By Dan Bauman Who Doesn’t Get Overtime Pay? Online Instructors, for One http://www.chronicle.com/article/Who-Doesn-t-Get-Overtime/243143 2018-04-17T10:41:00-04:00 A fact sheet released on Monday by the U.S. Department of Labor clarified the types of employees on college campuses that are exempt from earning overtime. By Fernanda Zamudio-Suaréz Is Catholic U.’s Chaste Brand Scaring Off Students? http://www.chronicle.com/article/Is-Catholic-U-s-Chaste/243137 2018-04-16T19:03:10-04:00 A plan to lay off tenured faculty members, brought on by enrollment declines and deficits, has provoked a broader debate about whether the institution’s religiosity undermines recruitment. By Jack Stripling Southern Illinois Shelves Plan to Transfer $5 Million From Flagship to Other Campus http://www.chronicle.com/article/Southern-Illinois-Shelves-Plan/243118 2018-04-13T13:30:56-04:00 The Edwardsville campus, which is growing, lost its shot for now at an additional $5.1 million in state funds. But Carbondale’s internal discord hasn’t inspired confidence. By Julian Wyllie Can Closing a Humanities College Save a University? http://www.chronicle.com/article/Can-Closing-a-Humanities/243113 2018-04-13T11:05:00-04:00 Facing a budget squeeze, the University of Central Missouri fast-tracks a vote on folding several departments into existing colleges. Faculty members worry that the academic mission will suffer. By Eric Kelderman Who Foots Most of the Bill for Public Colleges? In 28 States, It’s Students http://www.chronicle.com/article/Who-Foots-Most-of-the-Bill-for/242959 2018-03-29T00:01:00-04:00 For the first time in 30 years, tuition dollars, not support from state or local governments, are the primary revenue source for more than half of America’s state higher-education systems. By Dan Bauman Bridgepoint Education’s Ashford U. Joins For-Profit Sector’s Trek to Nonprofit Status http://www.chronicle.com/article/Bridgepoint-Education-s/242814 2018-03-13T21:48:00-04:00 The parent company said on Tuesday it would seek to have the conversion approved by year’s end. The move would carry many advantages for the company, but it’s unclear if students would be any better off. By Michael Vasquez A Sector in Flux: How For-Profit Higher Ed Has Shifted http://www.chronicle.com/article/A-Sector-in-Flux-How/242813 2018-03-13T21:48:00-04:00 Over the last two years, many of the industry’s biggest players have merged with onetime competitors, moved from for-profit to nonprofit status, or left the business altogether. Here’s a summary. By Dan Bauman and Goldie Blumenstyk Departures at Gates Foundation Stir Speculation About Its Plans for Higher Ed http://www.chronicle.com/article/Departures-at-Gates-Foundation/242603 2018-02-21T19:32:11-05:00 Some observers hope the foundation will use its time of transition to promote fresher options both outside of traditional colleges and within academe. By Goldie Blumenstyk Endowment Returns Rebound After a Dismal 2016, but the Long-Term Outlook Is Cloudy http://www.chronicle.com/article/Endowment-Returns-Rebound/242327 2018-01-25T00:01:00-05:00 Endowments returned an average of 12.2 percent in the 2017 fiscal year, according to an annual survey. That’s a big step up from the previous year, when they dropped by nearly 2 percent. By Julian Wyllie