Economy

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."

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.

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.

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.

College and university endowments have recovered most of the losses they sustained during the recession, now that the economy has begun to grow.

Ohio public colleges and universities can expect less state money in the coming years and a different way of distributing it.

Ferris State University said a slight one-time boost to its annual state appropriation this year was a welcome change after years of cuts, but lawmakers should develop a sustainable way to fund higher education, according to the university’s most recent annual audit.

Nicholas B. Dirks will receive $50,000 more than his predecessor in a move opposed by Gov. Jerry Brown even though the money comes from private funds.

Paul Robinson, chairman of Purdue University's faculty senate, strode through the halls of a 10- story concrete-and-glass administrative tower.

In a move called "innovative" by one higher-education official, the University of Toledo not only announced a freeze in academic and living costs but also added deep discounts to sweeten students' deals.