Wednesday, January 23, 2019

Enrollment Rebounds Amid Budget Cuts at City College of San Francisco - Ashley A. Smith, Inside Higher Ed

For years City College of San Francisco faced declining enrollments as it weathered budget shortfalls, an accreditation crisis and leadership turnover. It was a positive development when enrollment at the two-year college finally began climbing last year. But it still wasn't enough to stop CCSF administrators from moving forward with a plan to eliminate a third of nearly 1,200 credit courses over the next seven years to help balance the college's budget. College officials are also planning to increase the number of high-demand classes offered, such as accounting, math and English, as part of that process. Administrators aren't certain how many more courses will be added, however.

Facing insolvency, Dream Center is unloading Art Institutes - Ben Unglesbee, Education Dive

The decades-old Art Institutes colleges are facing potential insolvency a little more than a year after the former for-profit chain was acquired by the faith-based Dream Center Foundation. The nonprofit reportedly completed a deal to transfer ownership to another organization. Struggling under the debt load it took on along with the college chain, Dream Center Education Holdings (DCEH) has circulated a plan to transfer control of the chain to another nonprofit, Education Principle Foundation, according to a proposal sent to one of its accreditors. Higher ed regulator Washington Student Achievement Council (WSAC) designated the Art Institute of Seattle "at-risk" of closure late last week and this week suspended its authorization after a surety bond to protect student tuition was canceled. The suspension means the school can operate but cannot recruit or enroll new students.

Tuesday, January 22, 2019

Deferred maintenance a primary issue for Murray State - JOHN WRIGHT, Murray Ledger

While no action was taken, finding a way to protect existing buildings was strongly on the minds of the Murray State University Board of a Regents during its most recent meeting December. This is of particular importance in the wake of the demolition of one dormitory and the imminent demolition of another, the term “deferred maintenance” was receiving a great deal of attention. “I won’t mention the name, but (in early December) there was a sister organization in this state that lost heat for four days. That was for classrooms and dormitories,” said Regent Don Tharpe, emphasizing the importance of this issue.

Hampshire Struggles to Stay Afloat - Greg Toppo, Inside Higher Ed

Hampshire College, founded as a 1970s-era experiment in self-directed education, is looking for a partner to help keep it afloat. As part of its process, it is mulling whether to enroll a freshman class this fall. In a letter posted online Tuesday, college president Miriam E. Nelson said she plans to find a “long-term partner that can help us achieve a thriving and sustainable future for Hampshire.” The college, which celebrates its 50th anniversary in 2020, is supported by a modest $52 million endowment that “has performed well,” Nelson said. But the college has been an “under-endowed institution, really from our very first days.” And while Hampshire can still boast a balanced budget, she said the college, like others of its size, faces “bruising financial and demographic realities” that challenge its continued existence. Seeking a strategic partnership “is the right and responsible thing to do,” Nelson said. “And now is the time to do it.”

Monday, January 21, 2019

U Minnesota President Eric Kaler's final budget request is "prudent,"- ISABELLA MURRAY, MN Daily

The University of Minnesota presented a realistic funding request to the Legislature Tuesday, lawmakers said. During his first testimony of the 2019 legislative session on Tuesday, University President Eric Kaler highlighted the University's importance within the state while urging lawmakers to fully fund the school’s budget and capital funding requests. This session, the University will ask legislators for $87 million in additional funding for the next two years and $232.3 million in infrastructure funding.

Missouri budget raises K-12, not college money - Associated Press

Missouri Gov. Mike Parson is proposing a funding increase for public K-12 schools while seeking to hold core funding flat for public colleges and universities. The budget outlined Wednesday by Parson includes a $61 million increase in basic funding for public schools. That would supply the full $3.55 billion called for under state law. School transportation also would get more money.

Sunday, January 20, 2019

Funding cuts 'hard to manage,' vet college dean says - CTV News

Funding cuts to the Western College of Veterinary Medicine could have effects well beyond the school, the Saskatchewan Veterinary Association says. “The impact of funding is going to impact the ability for practices to continue in areas where it’s already in short supply,” CEO Judy Currie said. A vet shortage has been building for years and scaling back funding to train new ones is a step in the wrong direction, Currie said.

New McMaster proposal could freeze SC college tuition - LUCAS DAPRILE, the State

There may be an end in sight for relentlessly rising tuition rates at South Carolina colleges and universities. S.C. Gov. Henry McMaster is proposing to increase recurring higher education funding 6 percent in exchange for the colleges not raising in-state tuition or fees in the 2019-2020 academic year, the governor announced Tuesday. The proposal, which allocates $36 million in recurring funding to colleges, is a part of the governor’s requested fiscal year 2020 budget plan.

Saturday, January 19, 2019

Gov. Kim Reynolds matches Regents request in full for university funding in budget report - Alex Connor, Iowa State Daily

Despite a trend of lagging state appropriations to the Iowa Board of Regents in years past, Gov. Kim Reynolds recommended to fully fund the universities’ general operating request of $499 million, in her fiscal budget for FY2020. In September 2018, the Regents requested $628.4 million from the state legislature for the 2020 fiscal year between the three regent universities, with $499 million dedicated solely for higher education use.

$10M request for colleges not in budget proposal - RYAN QUINN, Herald Dispatch

Gov. Jim Justice's state budget proposal for next fiscal year doesn't include increasing the annual funding for West Virginia's smaller four-year colleges by $10 million, as the governor's Blue Ribbon Commission on Four-Year Higher Education has requested. Whether the $10 million will ultimately be provided is among multiple open questions regarding how the state's public four-year and community colleges will be funded following last year's increased public debate on the subject.

State of University address lays out future vision for UNL as state budget discussions begin - José Zozaya, KETV

University leaders revealed the campus’ motto for 2019 – a call to action through hard work and determination, and appropriate for celebrating the University of Nebraska Lincoln's 150th anniversary. Green touched on many topics in his State of the University address. He told the crowd gathered inside the Lied Center that the university is ready to tackle what he called considerable challenges, or “headwinds," that university leadership will address. Green's address focused first on the university's future vision, then pivoted to the funding and money necessary to move research and programs efforts forward.

Friday, January 18, 2019

Higher education leader warns of possible $35 million budget shortfall - Jake Jarvis, WV News

Officials with the Higher Education Policy Commission estimated Monday that the state’s public four- and two-year colleges could face a total budget shortfall of more than $35 million when the new fiscal year begins in July. It’s only a rough estimate, but interim commission Chancellor Carolyn Long said that’s how much the colleges could come up short when they hand out 5 percent raises that Gov. Jim Justice has promised, as well as help pay for public employees’ insurance plans. “We’re just concerned, and we wanted to make sure everybody understood that, as we look down the road, that it very well could be a cut to higher ed,” Long told the House Finance Committee Monday.

Regents tie tuition to state aid ahead of session - Vanessa Miller, Gazette

\Iowa regents last fall unveiled tuition “guardrails” for the next five years that clearly hitch the rate of annual increases to the level of state appropriations — making an overt statement about where they believe the burden of student rate hikes rests: on the backs of lawmakers. And some legislators who’ve advocated higher appropriations amid tight budgets said they’re glad to carry that load.

More Budget Reform Ideas for 2019 Plenty of useless spending can be cut this year - Michael D. LaFaive, Macinac Center

Eliminate most if not all general fund dollars to the University of Michigan’s main campus. Savings: $212 million. The Mackinac Center first recommended this cut in 2004. The University of Michigan is wealthy enough to pay its own way. It is worth mentioning that this appropriation from the General Fund is not the only source of state funding for the university. It also receives dollars from the School Aid Fund, which could also be redirected to some higher priority.The university could afford this cut, as the subsidy is only a small part of its operating budget, and it’s small in comparison to its wealth. In addition, equity calls for a cut.

Thursday, January 17, 2019

Time for Legislature to invest in education after high school - Robert Knight and Tim Stokes, the Columbian

As lawmakers gather in Olympia for the 2019 legislative session, they must write the next state budget, weighing many competing and important demands in the process. Fortunately, there is one thing on which everyone can agree: People need good, well-paying jobs and most of those jobs require training and education beyond high school. According to the Washington Roundtable, there will be 740,000 job openings by 2021, more than half of which will require education past high school. At the same time, people need a range of pathways to those jobs, whether it’s an employer certificate, training in a trade, a two-year degree, a four-year degree, or an apprenticeship. Gov. Jay Inslee’s proposed budget makes vital investments in these career paths for students and provides a great starting point for the Legislature’s budget work. After years of stagnant funding, our community and technical college system needs new investment to make those pathways accessible to all students.

Newsom's higher education budget would boost aid, freeze tuition and repair campuses - LARRY GORDON AND MIKHAIL ZINSHTEYN, EdSource

Newsom’s plan for the state’s higher education systems reflects his goals “to increase access to higher education, improve student success and timely degree completion and to better ensure that college remains affordable,” the budget document said. Newsom’s overall $209 billion state budget plan was unveiled Thursday in Sacramento. “This marks the single largest proposed investment by any governor in the history of the university and we are extremely appreciative of Governor Newsom’s bold investment in us,” CSU Chancellor Timothy P. White said in a statement.

Investors bet $30M more on Lambda School's income-share tuition model - Ben Unglesbee, Education Dive

Online coding and programming academy Lambda School, which uses an income share financing model for students, has raised $30 million in Series B venture capital financing, according to Crunchbase. Leading the funding round is Geoff Lewis, founder and managing partner of investment firm Bedrock Capital. Lambda CEO and co-founder Austen Allred said the funding would be used to scale the school, build its hiring network and expand internationally. This week Lambda courses opened to participants in the European Union, Allred said, and they will be available in Canada in the coming months. It's also planning a cybersecurity program. Rather than charge students upfront, Lambda uses income share agreements for tuition. Students who earn at least $50,000 a year pay 17% of their income to Lambda for two years, for a maximum of $30,000 in retroactive tuition. It currently enrolls 1,000 students, Allred said. To date, Lambda has raised $48.1 million in five funding rounds, according to Crunchbase. Other investors include Y Combinator, actor and investor Ashton Kutcher, and GV (formerly Google Ventures).

Wednesday, January 16, 2019

How many colleges and universities have closed since 2016? - Education Dive Staff

We're keeping track of major college and university closings, mergers, acquisitions and other consolidation from 2016 to the present. Did we miss something?

Students ask University of Northern Colorado leadership to be mindful as task forces consider changes at the school - Emily Wenger, Greeley Tribune

This week, students, faculty and staff at the University of Northern Colorado reviewed recommendations from task forces charged with developing plans for the school’s future, centered on the university’s academic portfolio, student affairs and students success, and provided feedback online and at an open forum. The task forces are separate from the President’s Leadership Council, which on Jan. 14 will present recommendations to get the university’s budget under control. But President Andy Feinstein said UNC can’t fix the budget simply with cuts, so improving the campus climate is part of the solution.

Almost a year later, a look back on how the budget deficit has impacted the University Rebecca+Crown+Center.+The+University+is+on+track+to+solve+its+budget+deficit+by+the+next+academic+year. Daily file photo by Colin Boyle Rebecca Crown Center. The University is on track to solve its budget deficit by the next academic year - Cameron Cook, Daily Northwestern

Concern over additional cuts continues to loom over the University after spending on financial aid, high-profile faculty and new construction projects forced the University into a multimillion-dollar deficit. Since Provost Jonathan Holloway alerted Faculty Senate about a deficit in Jan. 2018, the administration has been tight-lipped on details about the severity of the budget crisis and how the University would fix it. Here’s a recap of how the deficit situation has progressed since The Daily began reporting on it.

Tuesday, January 15, 2019

(Early) Signs of (Modest) Online Saturation - Doug Lederman, Inside Higher Ed

Bold pronouncements about trends in the fast-moving, and somewhat data-poor, landscape of online learning should be approached with great skepticism -- which is why this isn't one. What it is is a high-level view of some data in an analysis published last month by Public Insight, which collects and makes available public data in accessible formats. The blog post by the company's CEO, Dan Quigg, carried the provocative title of "Has Distance Education Hit Its Peak?" -- a question inspired by federal data showing that the proportion of all academic programs that were offered via distance education declined to 10.5 percent in 2016 from 10.8 percent in 2017. It was the first such decline since the federal government's main higher education database, the Integrated Postsecondary Education Data System, began collecting data on online education in 2013.