By . We define “world-class universities” as any institution in the top 200 of the 2017 Shanghai Academic Rankings of World Universities (ARWU). Our measure of financial clout is expenditures per student, converted to $US at purchasing-power-parity, using the Economist’s “Big Mac index” (yes there are more sophisticated tools out there, but they are usually 2-3 years behind). More...
The Finances of World Class Universities (Part 2)
By . Of the 174 top-200 ARWU universities for which we have financial data for 2015 or 2016, 155 have data on finances and students going back to 2006. For another 11 institutions, we have data going back to 2008 and can impute figures for the missing years based on comparable institutions in the same countries. More...
The Finances of World Class Universities (part 3)
By . One of the knocks against the whole idea of “world-class universities” is that it tends to reinforce institutional privilege; that it’s mostly about big universities with big reputations aiming to expand their financial advantage over everyone else. More...
The Finances of World Class Universities (Part 4)
By . Over the past few days, I’ve been providing a lot of data on how well global “world-class universities” are faring (briefly: most of them are doing pretty well, the ones in Canada much less so). But to some degree the real question is: does any of this matter. More...
Twelve Massachusetts schools named in Paradise Papers
More than 100 educational institutions were found mentioned in the recesses of the Paradise Papers, a gigantic leaked cache of financial documents that reveal the offshore dealings of some of the wealthiest individuals and institutions on Earth. And among the upper echelon of the upper echelon are 12 schools in Massachusetts, according to the International Consortium of Investigative Journalists. More...
$1B U of O facility unveiled
Construction on The Knight Campus for Accelerated Scientific Impact is due to start next spring. Phil and Penny Knight donated $500 million to the U of O towards its development and construction. More...
Extension for ACICS Colleges in Senate Funding Bill
By Paul Fain. A U.S. Senate Committee on Appropriations on Thursday approved a funding bill that includes an 18-month extension for colleges that are overseen by the Accrediting Council for Independent Colleges and Schools to find a new accreditor. More...
Letter Calls on Congress to Tie Pell Grant to Inflation
By Andrew Kreighbaum. More than 300 higher education institutions and advocacy groups sent a letter to congressional leaders today asking that the value of the Pell Grant be indexed to inflation. After the upcoming academic year, the value of the grant will not automatically go up to adjust for inflation for the first time in six years. More...
Senate Appropriations Bill Cuts NSF Funding
By Andrew Kreighbaum. A Senate appropriations bill that cleared a subcommittee vote Tuesday would cut funding for the National Science Foundation by $151 million below fiscal year 2017 funding levels. More...
Aiming for Billions
By Rick Seltzer. Over the last few weeks, several public flagship research universities have announced multibillion-dollar fund-raising campaigns running into 2022. Another private research university said it is trying to raise $1 billion. Even some institutions without the size and reach to set targets in the billions of dollars are stretching their goals to record levels. More...