The majority of college financial aid offices have seen cuts to their operating budgets this year compared to the 2007-08 academic year when the recession began, according to the National Association of Student Financial Aid Administrator's latest QuickScan Survey. Sixty-two percent of financial aid offices reported operating budget cuts this year…

A weak stock market has resulted in lowered returns on college endowment investments. Many institutions had funds tied up in American stocks and bonds, which performed poorly. Although most institutions say their endowed programs or scholarships are not adversely affected, some programs are being reduced or eliminated as a result. (MSE)

Shrinking state funding and pressure for accountability are forcing institutions of higher education to overhaul their missions, take stock of their spending, and inevitably, reorganize themselves as they prepare for an increasingly competitive college market. Data on average state tuition increase, and appropriations to higher education are…