Public systems and small private colleges are taking cash‑raising actions to stabilize budgets: Nevada’s regents approved a 9–12% tuition increase to cover a $46.5 million shortfall, while Averett University sold and will lease back its North Campus athletic facilities in an $18 million deal to shore up liquidity after a reported endowment shortfall. Regents in Nevada framed tuition hikes as the last resort to avoid cuts to faculty and programs; Averett officials said the sale and leaseback preserves community ties and creates breathing room to restructure. Both moves underscore tightening fiscal margins for institutions that lack large endowments or growing revenue streams. Financial officers and boards now face tradeoffs between short‑term solvency and long‑term affordability, with implications for enrollment, program capacity and local workforce partnerships.
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