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
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
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
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
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
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