Campus CFO

Former hedge fund manager Joseph Dowling will join the likes of David Swensen, Jane Mendillo, and Narv Narvekar as the Ivy League's newest chief investment officer. Brown University has appointed Dowling to lead its $2.8 billion endowment, making him the second CIO in the school's history.

A proposal to require Connecticut colleges and universities to supply students with uniform financial aid information has passed in the state House of Representatives. The bill, which passed 141-to-0, obliges institutions of higher education to provide a financial aid shopping sheet to each admitted student before the enrollment deadline.

With close to 5,000 potential Michigan State University gift allocations, many donors were already completing a transaction and then going right back in and shopping again. So imagine what MSU could gain by offering donors a single shopping cart through which they could make multiple donations.

Janene Culumber, Senior Vice President of Finance and Chief Financial Officer of H. Lee Moffitt Cancer Center & Research, has recently been appointed to the University of South Florida Federal Credit Union (USF FCU) Supervisory Committee. She is the fifth member of the committee and was selected due to her extensive financial background, as well as her diverse insight.

Steve Foucart, interim chief financial officer at Missouri State University for the past year, was named permanent CFO at the university. He begins his duties April 1.

As chairmen of the Boards of Higher Education and the University of Massachusetts, we know that keeping the “public” in public higher education is more than a slogan. It is an urgent and essential proposition in a state that lives and dies by its brainpower. By 2018, Massachusetts will lead the nation in the number of jobs—70 percent—requiring a college education. Where will these skilled workers needed for industry sectors such as health care, IT, life sciences, and advanced manufacturing come from?

The state’s higher education commissioner, Teresa Lubbers, recently sent a condescending statement about college completion rates to media outlets around Indiana. The statement, motivated by House Bill 1348, which would link colleges’ state funding to students’ graduation rates and increase the number of credit hours required for students receiving state aid, makes Lubbers sound out-of-touch with students’ lives.

Budgeting is inherently political, and too often short-term goals overrun long-term institutional interest. By presenting the many layers and budgeting models with a clear, comparative framework, author Larry Goldstein demonstrates the organic link between planning and budgeting, making it crystal clear that budgets and plans represent two sides of the same coin.

Almost four out of 10 Oklahoma high school alumni who enroll in the state's higher education system the fall after graduation take at least one developmental course as college freshmen, Oklahoma State Regents for Higher Education data show.

California is renowned for its community college system, but its budget, along with other forms of education, has been reduced significantly. The difference for community college is that cuts have led to a steady decline in enrollment, limiting access to higher education.