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Westmont College says its students not to blame for wildfire

November 20, 2008

On Wednesday, college President Gayle D. Beebe responded to the rumors in a written statement.  "On Wednesday afternoon at approximately 2:45 p.m., Drew Sugars, the public information officer for the Santa Barbara County Sheriff's [Department], officially informed the college that no current Westmont students were present nor in any way involved with this tragic incident," he wrote.

St. Lawrence University announces alum as next university president

November 20, 2008

St. Lawrence University fills its top spot with one of its own.  The school's 18th President is 1975 graduate William Fox. He'll take over the university in July when President Daniel Sullivan retires. Fox has been president of Culver-Stockton College in Missouri since 2003.

Oral Roberts University to lay off 100 employees

November 18, 2008

The layoffs represent roughly 10 percent of the university's work force, but the school did not specify which departments would be targeted.

Loosening the Purse Strings

November 18, 2008

Following in the footsteps of our more financially-endowed peer institutions, the school will eliminate the expectation of parental contribution from families with annual incomes below $60,000.  Additionally, Cornell will place a $7,500 annual cap on need-based student loans for students with financial need from families with annual incomes above $120,000.  Given Cornell's shrinking endowment, the decision to improve a program initially launched in January speaks to the administration's commitment to financial aid.

MIT announces spending cut for next year

November 18, 2008

The Massachusetts Institute of Technology says it will cut next year's budget by 5 percent, about $50 million, because of the declining global economy.  MIT President Susan Hochfield and Provost Rafael Reif said in a letter to the university community Tuesday they also plan to cut spending by 10 to 15 percent over the next two or three years and delay a dormitory renovation.

4 Napa Valley college students die in crash

November 17, 2008

On a gorgeous fall day that should have been devoted to relaxing and studying, students at a close-knit college in the hills above Napa instead spent Sunday grieving the loss of four companions who died in a car crash late Saturday.  Hundreds of Pacific Union College students, faculty, staff and community members - along with the families of two of the victims - gathered at the Seventh-day Adventist church on campus to mourn the four young men.

Yale announces India initiative

November 17, 2008

Yale University on Monday announced a $75 million initiative to expand its academic programs on India, saying it will position the university among the world's elite institutions for the study of the country and region.  The plan will create faculty positions and curriculum across the arts and sciences disciplines, as well as Yale's professional schools of architecture, environmental studies, law, management, medicine, public health and nursing.  Yale called the initiative the broadest and most ambitious effort of its kind.

Beloit College feels the pain

November 15, 2008

Because three-quarters of Beloit College's operating budget comes from tuition, the decisions of a relatively small number of students to delay school or leave early can mean the difference between business as usual or making difficult cuts.  It's not just a problem at Beloit. Colleges and universities across the nation are confronting tight budgets in this economic downturn, and private colleges have the heavy burden of making an argument to cash-strapped students and families that attending a college with a higher price tag is possible, and ultimately worthwhile.

Wilberforce University, facing $2.8 million shortfall, to cut jobs, salaries

November 14, 2008

Wilberforce will cut six to eight staff positions starting Friday, Nov. 14, said Patricia Hardaway, interim president. There are no plans to cut faculty positions. The salary cuts will total $850,000.  Wilberforce also announced plans to reduce its non-personnel operations budget by 30 percent; issue three employee furloughs during the current academic year; and ask employees who have not previously paid into their insurance fund to contribute a small amount.

Dartmouth announces cost cutting, hiring freeze

November 14, 2008

Dartmouth College president James Wright announced a range of cost-cutting measures yesterday in the latest sign that the financial downturn is hurting the nation's colleges and universities.  In an e-mail sent to the Dartmouth community, Wright wrote that "revenue is down significantly because of declining endowment performance," and that the university must reduce its staff to offset its losses.  He called for cuts of $40 million over the next two fiscal years to prevent cuts in financial aid.

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