article thumbnail

Elite private colleges may be the only financially healthy segment 3 years from now

University Business

Higher education gained an unlikely asset during the pandemic, and it came in the shape of billions of federal emergency funding. While CARES Act funding largely kept schools afloat and even jumpstarted a renaissance at HBCUs, one global management consulting firm believes most higher ed is unprepared to deal with a post-pandemic landscape.

article thumbnail

Groups Seek Details on FAFSA Simplification Timeline

Confessions of a Community College Dean

The Department of Education is supposed to release an updated version of the Free Application for Federal Student Aid in October, but organizations representing financial aid officers and college access groups are seeking to confirm that timeline. 1, as currently planned.

article thumbnail

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. Even as endowment returns dipped, colleges tapped those assets to fund their needs. percent overall average return in 2021.