Chat with AGB Board BotConcordia University Ann Arbor (CUAA), Ann Arbor, Mich., has received a $1.48 million grant from the U.S. Department of Health and Human Services for its physician assistant master’s program.
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Scanning the landscape, college and university financial leaders would seem to have plenty to worry about.
“Inflation is going to be really disastrous for higher education,” Griffith said. “(…)The vast majority of the schools don’t have the resources to correct for inflation.”
As colleges face more external pressures, board politics become more complicated, and leadership contracts get more corporatized, presidents on the outs are increasingly getting paid large sums to leave — including the leader of Colorado State University’s main campus, who is earning over $1.5 million to resign two years early.
Collegiate sports can be big money makers for colleges and states. In 2021, the NCAA earned $1.15 billion in revenue, the majority of which it distributes back to its member colleges.
Bethune-Cookman University’s interim President Hiram Powell has served in various roles with the university over 42 years.
Piedmont University provost Daniel Silber resigned abruptly on Tuesday in protest of proposed budget cuts and faculty layoffs, which the Board of Trustees was set to vote on this week.
Even before the pandemic shocked the nation’s higher education landscape, colleges were troubled. Nearly three in four colleges saw their financial health weaken in fiscal 2020, which ended in June the year the pandemic shut down college campuses.
Public higher education in Florida has come under fire in a variety of ways in recent years. The state Legislature has restricted the teaching of certain controversial topics, administered political litmus tests to faculty and subjected professors to additional posttenure scrutiny.
The Grand Rapids Community College Board of Trustees met June 1, to discuss and deliberate the process for selecting a replacement for outgoing President Bill Pink.
The number of four year, for-profit universities in the U.S. has been dropping, shedding half their number from 2016 to 2020.
University of Maine Chancellor Dannel Malloy has lost the confidence of many faculty at three core satellite campuses just as his three-year contract is up for renewal.