Saint Leo University announces deep cuts less than a year after acquisition fell apart

[ad_1] Dive Brief: Saint Leo University announced a series of sharp cuts Thursday, seeking to become more efficient and focus on growth areas after an audit of enrollment trends. The Catholic institution in Florida will eliminate 111 faculty and staff positions, close eight of 14 branch locations, shut down six of 23 sports teams, and […]

Here’s how the 20 largest college endowments changed last year

[ad_1] Listen to the article 1 min This audio is auto-generated. Please let us know if you have feedback. College endowment returns plunged sharply into negative territory in 2022, according to data from the National Association of College and University Business Officers and money manager TIAA. But investment returns aren’t the whole story. Changes to […]

Endowment returns plunge into negative territory

[ad_1] Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: College endowment returns averaged -8% in fiscal 2022 as a slew of conditions that had been buoying markets turned stormy, battering public equities and bonds, according to a report released Friday. Endowments of all […]