Facing declining enrollment and competition from online programs, some colleges and universities are choosing to close campuses far from their central location.
Universities have long issued bonds to raise money, but the amount being issued has nearly doubled in recent years —and is increasing as government funding is paused.
Plaintiffs in a 2022 class-action lawsuit against 17 elite colleges who allege the schools colluded in determining financial aid packages are seeking $685 million in damages.
Larger endowments — which tend to invest more in private equity and venture capital — didn’t do as well as smaller ones that stuck to investment basics.
Sometimes schools will take private scholarship money and subtract that from its institutional grant. It’s known as scholarship displacement, and a handful of states are passing laws to end it.