Economy

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Fiscal Cliff: Proposed Changes To Charitable Giving Worry Kalamazoo College President Eileen Wilson-Oyelaran

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

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University Chief’s $1.9 Million Pay Disturbs Some

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.

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GET, Other Prepaid-Tuition Plans Cost U.S. Treasury Big Bucks

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.

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2012 Salary Report: University Of Michigan's Top 16 Execs Collect $7.19M In Base Pay

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

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Alabama Research Universities Could Get Shorted If Fiscal-Cliff Negotiations Fail

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.

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Fundraising At Grand Valley State University Down 43 Percent In 2012

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.

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UMass' Caret: "Fiscal Cliff" Would Hurt Research

University of Massachusetts President Robert Caret is warning that the university system could lose nearly $32 million in federal research dollars next year if the country heads over the so-called "fiscal cliff."

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Feds: New Student Loan Repayment Options Set

A new version of the income-based federal student loan repayment program that's more favorable to many borrowers will go into effect starting Dec. 21, according to regulations scheduled for publication Friday.

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North Dakota University System Seeks $84 Million Budget Increase

Chancellor Hamid Shirvani said increase is needed to keep up with increasing costs and to support the “big agenda” of the system and the state’s 11 public colleges and universities.

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Xavier Is Using Layoffs And Freezes In Hiring And Pay To Reduce A $5 Million Deficit

Facing a $5 million operating deficit, Xavier University is instituting salary and hiring freezes, non-faculty layoffs and a 10 percent cut in the university's contributions to employees' health-insurance premiums.

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