NAICU - News Room

Even though the 2012 NAICU Annual Meeting is history, you can continue to benefit and learn from the many presentations and speeches that were offered, and are now available on line.

Home

News Room

Browse By Topic

Browse By News Topic

Cost-cutting measures by colleges

University of Charleston: How we cut tuition by 22%

CNNMoney - Interview

February 7, 2012

After seeing enrollment decline for the first time in a decade, the University of Charleston, in West Virginia, slashed tuition by 22% for the upcoming school year hoping to entice more students. Tuition for new students will be $19,500 per year beginning in August - down from the current rate of $25,000. In an interview with CNNMoney, the university's president, Dr. Edwin Welch, explains why he took this unusual step and what the impact has been so far.

Montreat College announces cuts

Asheville, N.C., Citizen-Times

February 1, 2012

Montreat College officials will cut four academic programs and a total of 29 employees to strengthen its financial position, college President Dan Struble said Wednesday. Struble and the college's cabinet also will get salary cuts. Struble declined to say how much. No employees will see salary cuts, he said. The college also plans to keep tuition the same for the 2012-13 academic year. Tuition at Montreat is about $21,000 a year.

Yale still addressing budget gap

Yale Daily News

January 19, 2012

Yale University President Richard Levin and Provost Peter Salovey wrote in a Wednesday memo to faculty and staff that additional budget reductions are required to close the remnants of a $350 million gap caused by the 25 percent decline in the endowment three years ago. Though Yale returned 21.9 percent on its investments in the fiscal year that ended June 30, the University's increase in spending is projected to outpace growth in revenue for the 2012-'13 academic year.

Carson-Newman eliminates academic programs, jobs

Knoxville, Tenn., News

January 19, 2012

Carson-Newman College has eliminated three academic programs, top cabinet positions and other jobs as part of restructuring at the college, according to an email administrators sent to members of the campus community last week. The school has also eliminated top administrative positions, including executive vice president, vice president of church relations, associate vice president for finance and vice president for marketing and communication. In addition, the school eliminated two positions in the Office of Advancement and one position in alumni affairs.

Pine Manor College, a school for low-income students, is low on income, too

Boston Globe

December 23, 2011

Fifteen years ago, as enrollment at many women's schools dwindled, Pine Manor College assumed a new identity: It focused on low-income women who showed perseverance, if not perfect grades. The move transformed Pine Manor into one of the nation's most ethnically diverse small colleges and brought in many students who went on to promising careers in law, business, and health. It earned press and praise. What it didn't earn was money. While focusing on poor students, Pine Manor itself became poor. And it is getting poorer. Now, at 100 years old, it faces a second identity crisis: Can it maintain the commitment to low-income students and survive?

Funding Students, Threatening Liberal Education

Inside Higher Ed - Opinion Piece

December 20, 2011

Last year, as Washington State faced a severe budget crisis, legislators embraced a novel way to fund student financial aid: a public-private partnership between the state and private corporations. Called the Opportunity Scholarship Fund, the fund attracts private donations and matches them with public money in order to support students in science, technology, and other "high demand" fields.

Duquesne U. offers buyouts in face of falling enrollment

Pittsburgh Post-Gazette

December 17, 2011

Duquesne University has offered voluntary buyouts to nearly a fifth of its faculty and staff in the face of expected revenue declines from decreasing enrollment. The offer was made early this month. School spokeswoman Bridget Fare stressed that Duquesne has enjoyed more than 20 years of surpluses and is on solid financial footing, boosted this fall by a $12.5 million gift. Nevertheless, for a tuition-dependent school, she said it was prudent to employ cost-cutting strategies that included the voluntary buyout program.

Few Trustees Challenge Their President or Push Major Changes, Study Finds

Chronicle of Higher Education

December 15, 2011

There is unsurprising consensus among college trustees that declining resources are a serious and immediate problem for higher education, but most board members are disinclined to challenge the assumptions of their presidents or to advocate for radical changes in campus operations, a new study finds.

Bringing down college costs

Washington Post

December 7, 2011

Leaders of U.S. colleges and universities welcome Education Secretary Arne Duncan’s call for a national conversation about college costs [“High education,” editorial, Dec. 2]. For that conversation to be productive, however, two points must be emphasized.

The Federal Role in Pricing

Inside Higher Ed - Opinion Piece

December 5, 2011

Persistently rising college tuitions, high spending per student, and mounting student debt burdens have re-emerged as key issues in Washington. Secretary Arne Duncan has called on college and university officials to show more urgency in keeping down their prices and spending, the House subcommittee on postsecondary education has held another hearing to wring its hands about college unaffordability, and President Obama has now summoned a select group of college presidents and higher education thought leaders to consider what can be done.

Next