In autumn, most colleges' football fields are covered with a thick carpet of grass or artificial turf and are adorned with yard lines. But the football field at Paul Quinn College was carved up by plowing and planting. This past fall, portions of the college's gridiron were covered with sweet potatoes, watermelons, peppers, rosemary, and sugar…

Higher-education analysts have predicted it: The global financial shambles will cause the closing or merger of a growing number of colleges. At the top of the endangered list are rural colleges. Included in this group is the author's own college, Sterling College, in Craftsbury Common, Vermont. Despite this prediction, the author is counting on…

The Jones Theatre at Washington State University is getting a $500,000 face-lift this summer. A construction crew has already ripped out its 500 orange and blue seats and is replacing them with new ones covered in a wine-colored fabric. The theater's walls are being painted a light beige, and a new set of black velour curtains will grace the…

As the economy sinks, dwindling state appropriations and plunging endowment values are forcing colleges to make significant budget cuts. Professors--from the tenured to the adjunct--are beginning to see teaching-load increases and travel restrictions, along with salary cuts and layoffs. At institutions taking austerity measures, those measures are…

Greensboro College has many of the intimate hallmarks of a small, private, liberal-arts college. Professors give their cellphone numbers to students and routinely provide extra help to those who need it. Classes at the North Carolina institution average 14 people. One of the students featured on the college Web site is a biology major who plays on…

A furlough is a cross between a vacation and getting fired. College employees have the day off, but they are not getting paid. A few college employees are adhering to the letter of their unpaid furloughs, but most have trouble drawing the line between life and work. In these lousy economic times, a handful of colleges have already instituted…

As the nation's economy began to sputter early last year, two areas proved resilient to the cutback in Americans' spending: luxury goods and college degrees. By the end of 2008, however, luxury stores had recorded the greatest decline in sales of any retail-chain category. Optimistic college presidents believe they will be spared a drastic…

This article provides suggestions on how colleges can keep strategic plans on course in a stormy economy. These are: (1) Move quickly; (2) Develop contingencies; (3) Be flexible; (4) Make hard choices; and (5) Recognize opportunities.

A newly compiled analysis by the U.S. Department of Education and obtained by "The Chronicle" shows that 114 private nonprofit degree-granting colleges were in such fragile financial condition at the end of their last fiscal year that they failed the department's financial-responsibility test. Colleges that fail the test are subject to extra…

Momentum can stall in a time of diminished resources. For colleges on the fast track, leaders have shifted money around and made some hard choices to keep growing. The author reached out to five up-and-coming institutions to find out how they manage their ambitions during tough times. As many colleges instituted hiring freezes to save money,…

The economy's collapse has caught up with the billion-dollar campaign. In the past 12 months, the amount of money raised by a dozen of the colleges engaged in higher education's biggest fund-raising campaigns fell 32 percent from the year before. The decline, which started before the worst of the recession, has forced colleges to postpone…

The fiscal year that begins on July 1 for most colleges is expected to bring a wave of layoffs, as institutions grapple with declining state contributions, a falloff in donations, and other budget pressures. Eliminating jobs can create a number of legal pitfalls, including potential lawsuits for breach of contract or discrimination. If handled…

To be at the University of Arizona these days is, in some ways, to be under siege. The flagship university in one of the nation's fastest-growing states may have to eliminate some 600 jobs and merge dozens of programs to deal with two rounds of budget cuts imposed since June. Now the governor is telling the university and other state agencies to…

The end of the fiscal year usually isn't a momentous occasion for colleges. But this June 30 could be a day of reckoning many never expected. Colleges borrowed billions of dollars over the past decade to improve facilities and fulfill their ambitions. Now the consequences may be about to blow up in their finances. The author reports on how…

By just about every objective measure, the $88-million in debt that Wartburg College has carried since late 2005 poses a risk. The college's debt load--twice the amount that it takes in annually from tuition and other revenue--has raised red flags with its accreditor, alarmed some faculty members, and left Wartburg with a credit rating just one…