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Leadership Potential

Diverse: Issues in Higher Education

Government/Political Science, Bowie State University; MPA, Management and Public Policy, Bowie State University; Graduate Certificate, Project Management, Bowie State University Mentors: Rev. Dominique Turner Institution: Morgan State University Graduate Program: Higher Education Administration Education: B.S.,

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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 roles and departments – such as the divisions of administration and finance or student affairs and enrollment management – were consolidated. And they did.

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Struggling Schools Should Look to Merge Much Earlier, Say Experts

Diverse: Issues in Higher Education

One reason is structural: that presidents and boards typically don’t look beyond the current budget year. I think, ‘I’m smart enough to manage my institution through this.’” They come from state governments, policy people, pundits. Another reason is psychological: college leaders have pride.

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Interest rate changes could challenge universities, student loans and post 16 and vocational education

SRHE

If there is another 0.25% increase in the base rate, as is widely anticipated, this will place government and university finances under further pressure over the next few years with significant negative implications for HE students, the UK Government’s education budget in general and the further education college budget in particular.

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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. The new president first learned about the depth of SOU’s budget woes during his third day on the job.

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

EAB

During my listening tour, one senior finance leader shared that they have invested in several leadership interventions to help former faculty, now administrators build their strategic thinking muscles. We also provide more hands-on support through our newly launched Financial Performance Collaborative.