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New Jersey City University Continues Financial Recovery After 2022 Fiscal Crisis

Diverse: Issues in Higher Education

And the school is even “conservatively forecasting” a “break-even balanced budget for fiscal year 2024,” according to NJCU President Andrés Acebo. Some of those difficult decisions had to do with cutting employees – faculty and professional staff – and downsizing NJCU’s academic offerings. And the school also still has a way to go.

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A president proposes steep job cuts to save his institution

Confessions of a Community College Dean

Image: Facing a budget deficit of $5 million, Southern Oregon University is considering a realignment plan that will include deep cuts, which its president says are necessary to right the ship financially. Administrators have said only 23 current faculty and staff members will lose their jobs.

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Five Things University Leaders are Prioritizing This Year (And Two They Should Be)

EAB

While this new type of melt may not be widespread enough to cause concern, it does speak to the severity of some of the social & emotional challenges faculty, student affairs staff, and behavioral intervention teams have found themselves dealing with over the past academic year.

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College endowments dropped in fiscal year 2022

Confessions of a Community College Dean

NACUBO also found that colleges increased their endowment spending, with dollars increasingly flowing toward institutional operating budgets, largely focused on student financial aid. The median percentage of budgets funded by endowments was 5.3 percent overall average return in 2021.

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The Higher Education Council (HEC) in Bahrain: Ensuring Quality and Excellence in Higher Ed Institutions

Creatrix Campus

The HEC is a government-affiliated organization that was established to oversee the development of the higher education sector in Bahrain. The HEC is concerned with university affairs from a variety of perspectives, including administrative, scientific, research, and students. What is the Higher Education Council (HEC) in Bahrain?

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A Summit on Student Success in San Diego

Higher Ed Connects: Student Success Blogs

As a first-generation student , I have experienced the struggle of trying to finance an education while working long hours and balancing family demands. The legislature cut the budget for community colleges while allowing increased fees as noted in a 2018 article, “fee hikes will not be sufficient in making up the entire shortfall.

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5 Focus Areas for Campus Presidents Amidst Decreasing Trust

Campus Sonar

And no wonder—in 1990, state-per-student funding was almost 140% more than that of the federal government. Across-the-board budget cuts? However this work requires expertise that is typically fairly new to campus administrators. How comfortable and confident are you in managing change?