Economy

The demand for four-year college degrees is softening

Downturn still squeezes colleges and universities

Budget Cuts, Declining Enrollment Contribute; Final Decision Not Expected For Months

Few industries today have a worse business model than higher learning institutions.

College leaders sending letters this month about the looming fiscal cliff to top congressional leaders and President Barack Obama.

Ohio State University President E. Gordon Gee lives in a 9,630-square-foot Tudor Revival mansion that was renovated for him, featuring a great hall, pool, elevator and tennis court.

Tax breaks — including those that have helped boost the value of Washington's prepaid college-tuition plan — cost the federal Treasury hundreds of billions of dollars a year.

The University of Michigan's top 16 executives bring in $7.19 million in base pay— up 5 percent over last year.

Millions in federal dollars that support Alabama research universities could be in jeopardy if Washington can't reach a deal to stave off automatic spending cuts prescribed by the so-called fiscal cliff.

Coming on the heels of a recently completed fundraising campaign, financial gifts to Grand Valley State University fell in fiscal year 2012, coming in at $8.2 million.