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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.

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

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Your student loan payments are due: 3 strategies to support community college students’ financial wellness

EAB

With more than two-thirds of community college students requesting aid annually, 30% being Pell-eligible, 16% being single parents —and inflation at a perilous high—everyone is feeling the effects of one more line-item in the household budget each month. Financial Literacy: Virtual and in-person training is provided to students.