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Category Archives: economics
More academic cuts: May 2024 edition
How are colleges and universities responding to financial and other pressures? This year I’ve been tracking a series of institutional budget crises, spending cuts, layoffs, mergers, and campus closures. They seemed to spike in March (1, 2, 3) and continued in April. … Continue reading
When will the first college or university charge six figures per year? A 2024 update
When will the first American college or university charge $100,000 or more to attend? What might that mean for higher education? I first posed this question, a little wryly, back in 2018. My intent six years ago was to scope … Continue reading
Posted in economics
8 Comments
Academic cuts, mergers, and closures from April
April has brought more academic cuts, mergers and closures. I noted examples of this trend in last month (1, 2, 3) but as they used to say on radio, the hits keep coming. A Hechinger Report article claimed one institutional … Continue reading
Posted in economics
5 Comments
March is the cruelest month: more academic cuts and closures
Some days I feel like I’m live-blogging my new book across a bunch of web browser tabs. That is, I’m working on Peak Higher Education in several web browsers across three machines, with tabs open to Google Docs, an RSS … Continue reading
Posted in economics
4 Comments
John Oliver’s student loan crisis update
Nearly a decade ago the comedian John Oliver took on student loans on his remarkably pedagogical show. It was a good, bracing overview of the problem as it stood then. This week Oliver returned to the theme. I wanted to … Continue reading
Posted in economics
7 Comments
More academic cuts in early 2024
On March 1st I posted about a series of colleges and universities closing and merging, along with cuts to academic programs, faculty, and staff. The post attracted some attention. Publicly, people commented on the blog, commented on the Medium version, … Continue reading
Starting 2024 with all kinds of academic cuts
In this new year of 2024, which colleges and universities are cutting academic programs and jobs? For a month I’ve been working on this post, accumulating information about different examples, but the instances have been coming in faster than I’ve … Continue reading
Some student loan holders begin payment, while others do not
Earlier this year the Biden administration ended a series of student loan repayment pauses and restarted the debt payment process. How is it going so far? According to the Department of Education, 60% of debt holders have resumed or started … Continue reading
How high will today’s largest endowments grow by 2055?
How might the richest American colleges and universities develop in the future? I’ve been looking at this small yet superinfluential slice of higher education for a while. For example, since 2018 I’ve been trying to forecast when the most expensive … Continue reading
Posted in economics, future of education
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When will the first university or college charge $100,000 per year?
When will the first American college or university charge $100,000 or more to attend? What might that mean for higher education? I first asked this question back in 2018. I wanted to use that psychologically important six figure price as … Continue reading