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U.S. colleges and universities have billions stashed away in endowments—a higher ed finance expert explains what they are

University Business

But beginning in 2018, the federal government imposed a 1.4% colleges and universities have billions stashed away in endowmentsa higher ed finance expert explains what they are appeared first on University Business. Once these funds are invested, they grow generally tax-free. Read more at The Conversation. The post U.S.

Finance 40
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Profiling Some of the Institutions With the Most Minority Business Graduates

Diverse: Issues in Higher Education

While there are many undergraduates and graduate students aiming for careers in banking or finance, there are also entrepreneurs, innovators, people interested in hospital administration, and others seeking positions at nonprofit organizations. The career goals and objectives of business students have evolved greatly over the past decade.

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Howard University Takes Affirmative Step, All HBCUs Need More Support

Diverse: Issues in Higher Education

The nation’s oldest private and public universities respectively, both were financed by profits from the enslavement of African-descended people. Racial exclusion from this nation's institutions of higher education has been the norm throughout the vast history of the U.S., Both educated the progeny of slaveholding families.

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Maximus AidVantage

Higher Education Inquirer

The recent decision to have the Small Business Administration (SBA) take over the federal student loan portfolio has sent shockwaves through the world of education finance. At the heart of this shift is the role of Maximus AidVantage , one of the major student loan servicers handling federal loans. Note the barbed wire fence.]

Finance 52
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Marshall University baseball gifted $10 million—of CARES Act funds

University Business

In a letter to the Treasury Office of the Inspector General , West Virginia Senate Finance Chairman Eric Tarr details Gov. Jim Justice’s approval of moving $28.375 million in remaining federal CARES Act funds to a state discretionary fund, $10 million of which Justice donated to Marshall University’s turf baseball field project.

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Iowa Wesleyan University announces closure

Confessions of a Community College Dean

The governor’s office responded in a press statement that Reynolds “made the difficult decision to not pursue the university’s funding request” following an independent assessment of IWU’s finances that revealed “systemic financial issues” that would not be solved by a cash infusion.

Finance 122
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Proponents see value in Biden's free community college plan

Confessions of a Community College Dean

“What’s really important is just that we don’t lose sight of the fact that this is a potential game changer in how we actually finance public higher ed, and then the federal government needs to think about a change ultimately in the structure of how the federal government is helping fund public higher education.”