Lead story in today’s Chronicle (“At the Precipice”):
Over all, about 60 percent of public and private institutions responding to the survey missed their enrollment goals…Sixty-seven percent of institutions did not meet their net-revenue goals…
And here’s the Inside Higher Ed lead (“Berkeley Sets Fundraising Sights High”):
Fresh from receiving a $252 million donation, the single largest gift in its history, the University of California, Berkeley, announced the start of an ambitious $6 billion fundraising campaign, the largest goal yet by any public higher ed institution without a medical school or health science center.
The rich are getting richer, and the rest a lot poorer.