Columbus State Community College (CSCC) faces a daunting fiscal challenge—a projected $6.8 million budget deficit for the upcoming fiscal year. As part of a strategic initiative to stabilize its finances, CSCC has begun making difficult decisions, including staff reductions. In a move that will
The Current State of Higher Education Funding State and local governments have once again increased their investments in public higher education, marking the 11th consecutive year of financial commitment growth. According to the State Higher Education Executive Officers Association, the fiscal year
The U.S. Department of Education fully understands the importance of the Free Application for Federal Student Aid (FAFSA) in students’ pursuit of higher education. However, recent statistics indicate a troubling decline in FAFSA completion among high school seniors, raising concerns about access to
Facing the dual challenges of a 3.3% operational cost increase and persistent inflationary pressures, the University of Minnesota has unveiled a budget proposal for the upcoming academic year that hinges on strategic financial maneuvering to secure institutional stability amidst economic
The education technology sector, once buoyant with venture capital injections, has hit a significant downturn, as recent figures suggest. An analysis by HolonIQ revealed that the first quarter of 2024 global funding for ed tech plummeted to $580 million, an 86% drop from its peak in 2021. This
In a landmark decision, President Joe Biden's administration has enacted a measure poised to bring much-needed relief to hundreds of thousands of former Art Institute students. Announcing a sweeping student loan forgiveness plan, the Education Department is addressing the heartache of 317,000
