Submitted by Lynn Russo Whylly on Mon, 10/15/2012 - 5:05pm
Keeping their promise to hold the line on tuition and fee hikes at the state's three public colleges, the Board of Governors for Higher Education's finance committee unanimously approved a budget for 2013-2014 Thursday morning that would freeze tuition and fees at the current year levels.
Submitted by Lynn Russo Whylly on Mon, 10/15/2012 - 4:55pm
New Mexico colleges and universities are banking on a statewide advertising campaign to help avoid a repeat of two years when voters rejected a property tax-backed statewide bond proposal to finance renovation and construction projects for higher education.
Submitted by Lynn Russo Whylly on Mon, 10/15/2012 - 3:17pm
Today, colleges and universities are facing greater scrutiny and more intense financial pressures than ever before. There is questioning of the basic premise of the value of a college education and degree. As tuition and fees climb to once-unimaginable levels, the public is examining the costs and there are calls for reigning in higher education spending. Public funding of research, financial aid and subsidies for public institutions is declining, while at the same time, there are demands for greater accountability in how public funds are being spent.
Submitted by Lynn Russo Whylly on Mon, 10/15/2012 - 2:52pm
During the last decade, institutionally funded financial aid has increased much faster than other institutional expenses and the higher education system as a whole. Many institutions now are saturated with financial aid costs which, on average, are more than one-third of total institutional expenses.
Submitted by Lynn Russo Whylly on Mon, 10/15/2012 - 1:26pm
Linda Medley has been named VP of Institutional Advancement at Louisville Presbyterian Theological Seminary. She will join the staff Nov. 19.
Submitted by Lynn Russo Whylly on Mon, 10/15/2012 - 1:09pm
Finding funding for new technology investments in higher education can often seem overwhelming and stressful given the current economic environment. However, there are strategies available to support new technological initiatives. Administrators just need to do their homework and remain persistent to secure the funding needed to deploy these essential advancements.
Submitted by Lynn Russo Whylly on Mon, 10/15/2012 - 12:52pm
This paper by the Center for Digital Education covers the various ways institutions are successfully funding lecture capture solutions.
Submitted by Lynn Russo Whylly on Thu, 09/13/2012 - 2:32pm
For-profit education company Career Education Corp reports Michael Graham, its CFO of five years, has resigned, sending the firm's shares down 8 percent after the bell.
Submitted by Lynn Russo Whylly on Thu, 09/13/2012 - 2:14pm
In this timely book, financial consultant and experienced college administrator Mike Townsley examines the financial and strategic resources that private colleges and universities must have in place to withstand the storm.
Submitted by Lynn Russo Whylly on Thu, 09/13/2012 - 2:04pm
On July 25, the Oversight Subcommittee of the House Ways and Means Committee convened a hearing to examine the growing complexity of tax-exempt organizations, the revised 990, and unrelated business income tax (UBIT) issues. This was the second hearing this year that focused on nonprofit tax issues. Joanne DeStefano, Vice President for Finance and Chief Financial Officer at Cornell University, had testified on behalf of NACUBO at a May 16 hearing that touched on similar issues.