Andrew M. Cuomo, New York’s governor, has called for the state to shift $485 million of its contribution to the university system onto New York City. But the city has balked, leaving faculty members concerned.
Like many campus stores, UNC Student Stores has seen declining revenue. The options include outsourcing it and turning it into an e-commerce operation.
For a third consecutive year, state money increased by a modest amount, though some states are still spending less than they were five years earlier.
As a monthslong budget deadlock drags on, college officials say it’s only a matter of time before some institutions will have to restructure themselves — or close.
Some in Congress want more money to go to scholarships and less to private-equity managers. But nonprofit groups worry that restrictions could have a spillover effect on others.
The $95.5-million deal that the company reached with the government and whistle-blowers makes no specific provision to help students who took out federal loans to attend the company’s colleges.
A third of the colleges that responded to an annual Chronicle survey didn’t meet their enrollment or revenue goals this year. For some, the time has come to make hard choices.
For now, the university is barred from enrolling active-duty military personnel under a Department of Defense program. The loss of that ability, and the money that comes with it, could have an outsize impact.
The ire stirred by a recent op-ed and by a large gift sounds familiar. Questions about the tax benefits that flow to wealthy colleges have swirled before, to little avail.
Advocates may have secured the college’s future for the short term. But they’ve still got their work cut out for them.
The rule, which will be enforced starting on July 1, requires state authorization for colleges to remain eligible to participate in federal student-aid programs.
Officials at the colleges have established emergency funds for lesbian, gay, bisexual, and transgender students whose families cut them off financially after they come out.