Financial Management

How Is the University of St. Thomas Tackling its Budget Crisis?
Education Management How Is the University of St. Thomas Tackling its Budget Crisis?

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

Federal Judge Sets New Deadline for $6B Student Loan Relief
Education Management Federal Judge Sets New Deadline for $6B Student Loan Relief

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

University of Arizona Tackles $177M Deficit with Strategic Cuts
Education Management University of Arizona Tackles $177M Deficit with Strategic Cuts

Confronted with a $177 million deficit, the University of Arizona is pursuing a careful financial course. With Interim CFO John Arnold at the helm, the university has laid out a plan focused on judicious spending cuts and innovative revenue-generation tactics to the state’s Board of Regents. The s

Northland College Gets Lifeline with Major Donations
Education Management Northland College Gets Lifeline with Major Donations

Struggling to survive, Northland College in Wisconsin faces an existential threat. Renowned for its commitment to environmental and sustainability education, the college is now grappling with decreased undergraduate admissions and chronic financial shortfalls. As the local community fears the

FAFSA Technical Glitches Increase Anxiety for Students and Parents
Online Learning FAFSA Technical Glitches Increase Anxiety for Students and Parents

Navigating the Free Application for Federal Student Aid (FAFSA) is a pivotal step for countless students in pursuit of higher education funding. Unfortunately, the journey has become increasingly labyrinthine due to unanticipated system malfunctions and updates. These technological snags are

Is MPower Financing Ideal for International Students?
Education Management Is MPower Financing Ideal for International Students?

Navigating the realm of higher education financing in the U.S. or Canada poses unique challenges for international students. Conventional loans often hold prerequisites like credit history and co-signers, which can be formidable barriers for those without domestic financial footprints. Herein lies

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