Financial strain on public and private campuses surfaced in two transactions this week: Averett University sold its off‑campus athletic facilities in an $18 million sale‑leaseback to shore up liquidity after a discovered shortfall and legal disputes tied to prior financial management. Averett will lease back the 70‑acre site but officials framed the deal as stabilizing amid program cuts and pay reductions after budget gaps emerged in 2024. Separately, Nevada’s regents approved tuition increases of 9–12 percent across eight public institutions to cover a $46.5 million system shortfall. Regents said the hikes were a last‑resort measure to avoid faculty cuts and program eliminations; critics warned the increases risk affordability and enrollment at a time of demographic pressure. Higher‑ed finance officers said these moves highlight a widening gap between institutional operating costs and available state or philanthropic support. Trustees and presidents elsewhere are evaluating asset monetization, program consolidation and targeted tuition strategies as enrollment headwinds and rising expenses continue to squeeze margins.