In what was a tense political showdown, legislators approved a measure that averts the “fiscal cliff” at the last moment, thereby avoiding an automatic set of tax hikes and spending cuts. But that doesn’t mean education programs are free from the threat of significant budget reductions. The current deal is a temporary fix, one that [...]
As the “fiscal cliff” deadline nears without resolution, anyone and anything that relies on federal funding is getting increasingly nervous. But schools can breathe a little easier than most other recipients of federal aid. That’s because most districts’ write their budgets for an academic year, so the bulk of the cuts won’t be felt until the [...]
Ohio runs on a two-year budget, but that doesn’t mean off years are slow. Governor Kasich crammed in several education initiatives into his mid-cycle budget, and several other education bills passed the legislature. But the New Year will bring plenty of changes to the way the state’s schools are run.
Ohio State University President E. Gordon Gee made $1.9 million last year, making him the best-paid public-college president in the country. His peers in Ohio’s private colleges and universities don’t come close to that standing. The Chronicle of Higher Education’s annual survey of private-college president compensation released this week ranks Case Western Reserve University President Barbara [...]
Ohio public colleges and universities can expect less state money in the coming years and a different way of distributing it. Gov. John Kasich says the budget he will introduce in February will tie half of Ohio’s four-year universities’ state funding to their graduation rates. Kasich eventually wants to tie all of community-college funding to student performance. Kasich’s [...]
Gov. John Kasich’s next budget will be like a Banana Republic dress: tight and conservative. The Cleveland Plain Dealer reports: …Administration officials say it was made clear to the [college and university] presidents that Kasich intends to offer up another tight, conservative budget early next year that probably won’t have as much money for higher [...]
Research at American universities helped give us radar, the computer, jet propulsion and the atomic bomb, even Viagra and the algorithm for Google searches, according to the National Academies. Falling federal and state funding and the dismantling of big corporate research labs mean that we’re less likely to see those kinds of useful — and highly profitable [...]
Ohio University students will pay for the construction of a new track and for ongoing maintenance of a new indoor “multipurpose center” designed primarily for university athletic team use. The Ohio University Post reports that part of the school’s “general fee” (which amounts to about $650 per semester) will go to the new facility: The General [...]
Graduate from high school, get accepted to a local college and we’ll help you pay for it: Mario Tama / Getty Images It’s a deal that a growing number of communities, from Oberlin to Pittsburgh, have been making with students. Now add Akron to that list. The University of Akron and the Akron school district [...]
Agnes / Flickr Ohio State University’s endowment is among the 50 largest in the nation, according to a recent survey of more than 800 schools. But the university’s endowment grew less in the past year than those of many other similarly endowed schools. The annual survey of college endowments and their returns is done by [...]
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