The presidents of the nation’s major private research universities were paid a median compensation of $627,750 in the 2007-8 fiscal year — a 5.5 percent increase from the previous year — according to The Chronicle of Higher Education annual executive compensation survey.
The fast-growing group of millionaire private college and university presidents hit a new record in recent years, and it's likely more college leaders will make seven-figure salaries once the slumping economy rebounds.
The article discusses fears among U.S. private colleges and universities that the state aid they receive may be among the first programs cut as states tighten their budgets. Fluctuations in state spending on private higher education are discussed, as are the types of aid, including money given directly to colleges and grants and loans to in-state students.
State Rep. John Quinn, D-Dartmouth, filed a House bill Thursday calling for a study of $20.7 million in state money given to private colleges, a response to private law schools' fierce opposition to the University of Massachusetts' plan to take over the Southern New England School of Law and make it the UMass law school.
A recent study of the applicants to seven elite colleges in 1997 found that Asian students were much more likely to be rejected than seemingly similar students of other races. Also, athletes and students from top high schools had admissions edges, as did low-income African-Americans and Hispanics.
Two and a half years after announcing the largest gift in school history, Florida Atlantic University (FAU) will have to settle for less than a third of the donation.
Almost a third of U.S. private colleges expect freshman enrollment to decline in the 2009-2010 school year as families struggle to pay bills and hold down debt, according to a survey.
In an economy where money is tight and everyone's looking for a bargain, Florida's most expensive universities are attracting more students than expected.
Those who testified at a hearing by the U.S. Education Department debated whether rules on recruiting are too lax and made the case for what they would like to see as the department prepares...
Presidents of a number of colleges vowed in November to take a pay cut or otherwise give back part of their earnings as a way to help buffer their schools against the struggling economy.
A private-equity group announced today that it was buying Northcentral University, an all-online institution founded in 1996 and now enrolling about 7,500 students, mostly in graduate-level degree programs.
Waldorf College, a financially struggling private institution in Iowa, has agreed to sell its assets to Columbia Southern University, an online institution based in Alabama.
Faced with a freshman class that is 20 percent larger than expected, Ithaca College in New York is paying 31 students as much as $10,000 each to delay attending the school for a year.