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Image: Iowa Wesleyan University is closing, citing rising costs, shifting enrollment trends, declining fundraising and the governor’s rejection of a proposal for federal COVID-19 relief funds. ” Outside observers have criticized IWU for placing blame on the governor’s office. Is this diversity newsletter?
The conflict between the federalgovernment and GCU, one of the country’s largest Christian Universities in the nation, first began when it applied to be recognized as a non-profit to the Department of Education in 2019 to streamline its federal funding process. Feeling snubbed, GCU sued the Department in Jan.
Im now a veteran department head at a much better resourced university, but higher education is facing more uncertainty now than since March 2020 due to the bulldozer of the Trump administrations attempted and proposed changes.
Universities with large academic medical centers that conduct medical research with NIH funding face heightened risks, according to the report. Many university hospitals rely heavily on Medicaid funding from state and federalgovernments and could face severe revenue shortfalls if federal Medicaid funding is cut.
The federalgovernment’s COVID assistance played a critical role in temporarily sustaining institutions, particularly smaller colleges, which otherwise faced the risk of closure. The need for prudent fiscal management, realistic program development, and effective administrative structures is underscored.
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