Ray Schroeder

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Massachusetts ramps up financial oversight for 2 faith-based colleges - Natalie Schwartz, Higher Ed Dive

Ray Schroeder

The Massachusetts Department of Higher Education is ramping up financial oversight for two of the state’s faith-based colleges, warning that it cannot confirm the institutions have the resources to stay open through the next academic year. The agency said last month that it is working with the two institutions, Northpoint Bible College and Boston Baptist College, to craft contingency plans in the event they close.

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Eastern Gateway Community College Halts Registration - Jessica Blake, Inside Higher Ed

Ray Schroeder

The Board of Trustees at Eastern Gateway Community College in Ohio announced Wednesday that registration and enrollment will be paused for terms beyond the current spring semester due to ongoing financial struggles, according to Ideastream Public Media. The decision comes a little over a month after federal, state and local law enforcement authorities executed a search warrant on the campus related to “concerns about financial irregularities.

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State System of Higher Education chancellor faces tough questioning over more than next school year's budget - Bill Schackner, Pittsburgh Tribune

Ray Schroeder

Were this any other year, the leader of Pennsylvania’s 10 state-owned universities simply might have needed to defend next year’s appropriation request and explain how it would enable a sixth consecutive tuition freeze. Instead, State System of Higher Education Chancellor Daniel Greenstein faced sharp questioning from state senators Wednesday about a more sweeping matter beyond his control — a proposed unification of the state’s two- and four-year campuses and all the details about it yet to eme

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CT college students, administrators ask for almost $100 million more from the state - Eda Uzunlar, Molly Ingram, WSHU

Ray Schroeder

Scores of students, faculty and admin testified into the night to Connecticut’s Appropriations Committee on Feb. 21 to ask the state for more funding in the 2025 fiscal year. The Connecticut State Colleges and Universities (CSCU) system and the University of Connecticut were represented at the public hearing. The budget for the upcoming fiscal year would allocate $93 million less than what was provided to UConn in the 2024 fiscal year, and $64.2 million less than the university requested.

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CT higher education advocates continue to sound the alarm over proposed state budget cuts - Michayla Savitt, CT Public Radio

Ray Schroeder

Cutting higher education funding in Connecticut would be devastating to students and faculty, advocates say. They’re sounding the alarm over proposed state budget cuts. Scores of students, professors and union leaders spoke for nearly seven hours at a public hearing Tuesday night. Hundreds of people submitted testimony ahead of the hearing. Public colleges and universities in Connecticut are facing significant budget cuts due to federal emergency pandemic funds that are set to disappear.

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State universities admit more out-of-state students for the tuition bump - Elaine S. Povich, Stateline

Ray Schroeder

In 47 states, schools have a higher proportion of students from elsewhere than 20 years ago. At a time when school budgets are tightening and college enrollment is decreasing, state universities are increasingly turning to nonresident students to boost their revenues. In 47 states, public research universities increased the proportion of out-of-state undergraduate students they admitted between 2002 and 2022, according to an analysis of federal education data done for Stateline by University of

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'We had a bad year:' How a covenant violation led Bradley University to make $13 million in cuts - Tim Shelley, WCBU TSPR

Ray Schroeder

Bradley University will pay a higher interest rate and need to have more money on hand to cover debt after violating the bond covenants on some $17.1 million worth of borrowing last year. That's the underlying story behind last year's academic cuts on the Hilltop. WCBU obtained information on the covenant violation from the Illinois Finance Authority via Freedom of Information Act (FOIA) requests.

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