The paper explained the concept university and the objectives of university education. Sustainable development and its purpose were then explained. The paper went further to analyze the various sources of financing the universities, including; the governments, endowment, and consultancy amongst others. The role of the universities in the…

There have been numerous reports of institutions of higher education (IHEs) experiencing financial hardships as a result of the Coronavirus Disease 2019 (COVID-19) pandemic. This report discusses and contextualizes issues related to IHEs' stability and fiscal health during the pandemic. To provide background on the types of issues IHEs are facing,…

In a state where most higher education institutions are working to address financial and enrollment challenges, the University of Wisconsin-Milwaukee (UWM) faces some of the greatest difficulties of all. UWM's steep enrollment drop has exacerbated the effects of an eight-year tuition freeze and lagging state funding, forcing cuts to faculty,…

If there is one area of common ground between the Republican leadership in the U.S. Senate and House of Representatives, it is that the time has finally come for those entities that are not currently paying their fair share of taxes to step forward and be held accountable. Both the Senate and House tax reform bills propose that these…

A result of the last recession was the closure or merging of many higher education institutions (HEIs) throughout the New England region. In October 2019, the New England Board of Higher Education (NEBHE) in convened a group of economists and higher education leaders at the Federal Reserve Bank of Boston to talk about "The Future of Higher…

Since the onset of the COVID-19 crisis, public colleges and universities have prioritized the health and safety of students, faculty, staff and visitors while continuing to offer an exceptional, affordable learning environment. Public higher education has been agile and responsive. In March 2020, the state system institutions transitioned more…

COVID-19 and the response to the pandemic in Oklahoma and the nation mark this as an unprecedented time in American history. Oklahoma's state system of higher education has responded to the challenges created with flexibility and innovation, transitioning more than 173,000 students to virtual, online, and alternative course delivery formats for…

The Oklahoma State Regents remain completely committed to maintaining the accessibility and affordability of public higher education for all Oklahomans and increasing the number of college graduates to provide the educated workforce our state requires to be competitive in a dynamic, global economy. This annual report reflects the significant…

Higher education is the state's road to jobs and prosperity. No entity in state government can help Oklahoma reach its goals of educational excellence and workforce development faster or more comprehensively than public higher education. More college graduates means an increase in our state's per capita income and a stronger state economy. This…

With tax revenues beginning to rebound in most states and endowments on the rebound at many private and public institutions, colleges and universities are growing more hopeful about their financial outlook and instituting new strategies to take advantage of the opportunities. Yet as the economic recovery has slowed in the past few months,…

In late September 2007, the issue of wealthy university endowments became front page news. Members of the Senate Finance Committee, most notably Sen. Charles Grassley (R-IA), questioned why some endowments were amassing vast amounts of tax-subsidized wealth while simultaneously raising tuition on average families to greater and greater levels. The…

Universities are organized to assume uninterrupted growth in enrollments and endowments, steady public funding, an annual ability to inflict tuition hikes on students and their families, everlasting degree programs, vast building operations and permanent commitments to a senior professoriate. Lacking an agile and responsive governance structure,…

This article reports that Congress is cranky about how colleges spend money. Over the last three years, regulation-minded lawmakers have investigated university endowments, intercollegiate athletics, and presidential pay, but that grilling has largely ceased. A presidential election has dulled legislative ambitions, and Congress has its hands full…

Given George Washington University's reputation as being particularly pricey, the decision to host a national forum there last week on containing the cost of college could be seen either as highly ironic or as a perfect illustration of why the issue is more complex than parents and federal legislators would like to believe. At more than $39,000 in…

Senator Charles E. Grassley may be backing away from his threat to offer legislation that would require the wealthiest institutions to spend up to 5% of their endowment assets each year. At a panel discussion on Capitol Hill last week, the Iowa senator, who is the senior Republican on the Senate Finance Committee, strongly hinted that he would…