The University of Missouri system faces steep reductions in state funding as well as a 7 percent decline in enrollment since 2015. Furthermore, facilities maintenance costs are expected to rise by $15 million. The system
Every nonprofit school needs a rainy day "reserve" fund for cash flow emergencies, but what feels like financial security can morph into poor financial stewardship if some of the money could be better used serving consti
More than 2.09 million members of the U.S. high school class of 2016 (64 percent of graduates) took the ACT test last year, compared with 1.64 million taking the College Board's SAT. Introduced in 1959, the ACT has the a
Looking for the most cost-effective way to improve high school students' outcomes? Let them sleep until 8 a.m., and start the school day well after then, according to the American Academy of Pediatrics. In a study of fre
Risk Management
Technology
Blockchain, the technology behind Bitcoin, stores digital information across networks of millions of computers rather than in a database. Touted as secure and efficient, it is making financial waves that some experts say
Password managers help web users protect themselves against security breaches by offering stronger encryption, mobile support and multi-factor identification--a two-step sign-in process, often requiring both a password a
Some school districts that can't find enough qualified teachers are using third-party recruiters and state agencies to hire teachers abroad. An added benefit is that international teachers expose students to different cu
Public school principals often must focus on far more than student achievement and academic accountability. Attending to logistics, discipline, maintenance issues and a school's fiscal health leaves them little time and
Employee Benefits
Human Resources
More than 35 percent of U.S. employer health plans offered employees health savings accounts in 2016, a 3.2 percent increase from 2015, according to the 2016 United Benefit Advisors Health Plan Survey. Tax-advantaged med
Human Resources
Job Description
With students and families expecting an expanding range of services and amenities, it's no wonder that many schools have added to their administrative ranks at a financially unsustainable pace. An analysis of "administra
Safety and Security
Transportation
Some 25 million U.S. schoolchildren ride school buses every day, but few of those buses have seat belts. This PBS News Hour report looks at the national movement to legislate adding seat belts to school buses, which some
Some 120 new independent school campuses are expected to open in Dubai over the next 10 years, reflecting especially strong growth among students from India, followed by United Arab Emirates nationals, Pakistan, Egypt an
Risk Management
Safety and Security
Baylor University will get its first female president on June 1, signaling what many hope will be the beginning of the Baptist university's return to grace after a steady trickle of scandals involving sexual assaults and
Falling endowment returns are leading many colleges and universities to take steps such as reducing their annual spending levels, moving to passive management and, in some cases, taking on greater risk by turning to fund
High-income taxpayers in nine states can profit by donating to organizations that support private school vouchers. The federal government offers a tax deduction on a portion of such donations, as it does for donations to
George Washington University has increased next year's financial aid budget by 8 percent, anticipating that with rising tuition, more accepted students will need aid. Last year the aid budget increased 6.9 percent; the a
Cash Management
Financing
Consumer debt has reached a new high, $12.7 trillion, surpassing the previous high set in 2008. While mortgage debt has declined since 2008, car loan debt has increased $388 billion and student loan debt has risen nearly
Academic rigor, an emphasis on "deep content" and testing for mastery and matriculation built BASIS Independent Schools into a highly regarded chain of 27 schools (private, public charters and international) — but also h
Enrollment
Human Resources
A growing list of small, struggling, liberal arts colleges are pinning their fiscal turnarounds on the development of a distinctive campus-wide experience that, they hope, will distinguish them from competitors. The late
U.S.-based independent schools and other organizations seem to have largely avoided the "WannaCry" ransomware attacks that hit thousands of computer systems last weekend, but the incidents underscore the importance of fo
