The University of St. Thomas in Minnesota is grappling with a fiscal challenge that mirrors a broader trend in academia: a significant budget gap. Specifically, the institution is dealing with a $10.5 million deficit, which represents 3.6% of its projected budget for the year 2025. To navigate
Launching Innovative Facilities Santa Ana College recently embraced a transformative milestone with the unveiling of its $58.8 million Health Sciences building. This endeavor is a pivotal example of the college's expansion efforts aimed at cultivating an educational environment equipped with
Despite exhaustive efforts to sustain itself, Wells College has disclosed its plans to close upon the completion of the spring semester. The private nonprofit institution, nestled in New York, has faced insurmountable financial hurdles compounded by demographic changes, the COVID-19 pandemic,
In a substantial legal development in the Sweet v. Cardona case, a U.S. federal judge has ordered the Department of Education to erase roughly $6 billion in student loans by the end of August, following a missed January deadline. This directive springs from a previous agreement in 2021 to resolve
The U.S. Department of Labor is set to overhaul overtime rules, affecting the paychecks of countless American workers. As part of updating and strengthening overtime standards under the Fair Labor Standards Act, the DOL is rolling out a gradual elevation in the salaried employee threshold that
The traditional landscape of higher education, especially within private regional colleges in the Midwest and Northeast United States, is currently experiencing significant disruptions. These colleges have historically been integral to the fabric of higher education, but now they are encountering a
