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Published by University Business: 10/17/2013
In the News
AL.com
A preliminary report from the forensic auditor tasked with investigating claims of fraud at Alabama State University alleges family and friends of university trustees benefited financially from the school. Read more>>
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University Herald
Through a new financial initiative, administrators at Washington & Lee University, a small private college in Lexington, Va., said that, starting next fall, they will guarantee free tuition for undergraduate students whose family income is lower than $75,000. Read more>>
Reading Eagle
Five years ago, the original goal for Alvernia's Values and Vision campaign was $24 million. At some point, the amount was increased to $27 million. Now, at the end of the campaign, more than 600 individuals helped raise more than $31.6 million, almost eight times the amount of any previous campaign. Read more>>
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Deseret News
Weber State University officials have announced the creation of an endowed program for arts-integrated learning made possible by a $3 million gift from the Sorenson Legacy Foundation. Read more>>
Silicon Valley Business Journal
Stanford University saw a 9.7 percent increase in its endowment during the 2013 fiscal year, bringing the Palo Alto school's total value of investments to $18.7 billion. The university reported strong investment returns and new gifts as two major reasons for the increase, which continues a trend of growth after the 2008 recession. Read more>>
Daily Camera
Tuition is reaching its "breaking point" at the University of Colorado's Boulder campus, says CU-Boulder Chancellor Phil DiStefano. DiStefano described the gloomy outlook for higher education as state and federal funding continues to decline, but said the university is coming up with new ways to grow revenue "creatively." Read more>>
Grand Canyon University
Grand Canyon University has announced that it will freeze on-campus tuition costs in 2014-2015 for the sixth straight year. Tuition for online students also will remain unchanged. Read more>>
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Opinion
New University
With financial and economic hardships plaguing the nation, a logical assumption would be that people are now taking a closer look at their money and making a greater effort to understand our financial system. However, most people, especially students, are not equipped to untangle the intricacies of their finances. Read more>>
The Patriot-News
Harrisburg University of Science and Technology is the Blanche DuBois of Pennsylvania higher education. Like Tennessee Williams' tragic heroine in “A Streetcar Named Desire,” the university is both alluring and fragile. Despite all efforts to keep up appearances—and some illusions of grandeur—its past threatens to overwhelm its shaky present. Read more>>
Richmond Times-Dispatch
Today, the feds shell out $105 billion a year in student loans. Total federal aid has soared from $64 billion (in 2000) to $169 billion (in 2010). Trend lines like these cannot go on—and they won’t. But not because of politicians’ efforts to rein in college costs. College costs will drop because of market forces politicians will be powerless to stop. Read more>>
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Events
January 26-29, 2014
Arlington, Va. Read more>>
June 16-18, 2014
Las Vegas, Nev. Read more>>