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A city councilman in Pittsburgh has proposed a tax on college tuition, Trib Live reported. Under the bill, students enrolled at colleges, universities or technical schools in the city would be assessed a 1 percent tax before financial aid is factored in. The same tax would also apply to patients at medical facilities. Revenue from the new tax would fund city infrastructure. → Read More
The California state Legislature approved $458 million to turn Humboldt State University into a polytechnic institution that aims to bring economic growth to Humboldt County. → Read More
Experts urge colleges to begin planning for the likely arrival of the new COVID-19 variant, Omicron. → Read More
Kentucky State University may run out of money before the spring, WDRB reported. Aaron Thompson, president of the Council on Postsecondary Education, told Kentucky lawmakers Tuesday that the historically Black university needs at least $23 million to keep its doors open. Kentucky State is the only public HBCU in the state. Thompson was instructed by Kentucky governor Andy → Read More
Higher education thought leaders and colleges are working together to create a three-year bachelor’s degree program that will offer all the value of a four-year degree—for less cost. → Read More
As tuition rises slowly, the amount of federal loans students and parents take on to finance higher education declines, the College Board’s annual report shows. → Read More
Experts hoped college enrollments would rebound this fall. New data show that while selective institutions have seen their numbers recover, most others continue to struggle. → Read More
Hours after news of the agreement was published in a local newspaper, legal counsel told employees in the system office that it was investigating a “breach of confidentiality.” → Read More
The long-awaited board vote follows a months-long legal fight and significant pushback from Mills alumnae groups. → Read More
Howard University canceled classes Tuesday after experiencing a ransomware cyberattack. University officials shut down campus networks Monday to “mitigate potential criminal activity” while the university investigates the attack. “We are currently working with leading external forensic experts and law enforcement to fully investigate the incident and the impact. → Read More
Experts' fears that state higher education funding would decline this fiscal year have largely abated. → Read More
Moody's Investors Service, one of several ratings agencies that evaluates higher education institutions, updated its methodology for rating colleges and universities. The new methodology will use the same methods and scorecard to evaluate debt issued by colleges and universities as it does to evaluate revenue-backed debt issued by U.S. community colleges. It will replace → Read More
Marymount has sought a buyer for two years. Saint Leo is looking to expand its reach, both online and on the ground. → Read More
The private university in Lawrenceville, N.J., is facing declining enrollment, falling tuition and auxiliary revenue, and increasing debt. → Read More
Governor Andy Beshear announced a review of the university’s finances soon after M. Christopher Brown resigned. → Read More
Student veterans who received benefits from the Post-9/11 GI Bill had lower earnings for seven to nine years after leaving the Army, a new NBER working paper showed. → Read More
The report provides a rare look at who is managing the University of California system’s $161 billion portfolio. → Read More
The 14-university system will move ahead with a multiyear consolidation process despite months of public outcry about the plans. → Read More
Fayetteville State University paid off $1.6 million of tuition debt owed to the North Carolina institution by more than 1,500 students, the Fayetteville Observer reported. Outstanding tuition debt that was not covered by federal grants or loans was paid off by the university. All students who attended the university between fall 2019 and spring 2021 now have a tuition balance → Read More
The trustees say administrators refused to turn over financial documents and misled them about the vote to wind down operations at the liberal arts college. → Read More