For years, the average minimum wage in the U.S. has been $7.25 per hour. Although some institutions pay slightly higher, only a few of them have surpassed the $15-per-hour mark. Even worse, the COVID-19 recession not only resulted in massive job losses in the U.S. but also a cut in wages for those lucky enough […]
Category: College and University
In 2018, the CEOs of 62 private universities over $1 million in total compensation, including bonuses and deferred payments. The Chronicle of Higher Education revealed this in its latest update on executive compensation at public and private universities. The Top Earning CEO 2018 (C.L. Max Nikias) C.L. Max Nikias was the highest-paid university leader in […]
The lack of institutional mentorship programs in colleges or universities usually leaves underrepresented faculty without adequate empowerment to succeed in their job. Campus leaders can create formal structures that support mentorship networks and provide other resources to help faculty colleagues excel and grow their careers along with everyone else. Here are a few strategies to […]
As a new administration takes over, the Biden student loan forgiveness plan has become a key focus among educators and students. The new President, as he asserted on the campaign trail, immediately took action to help financially-strangled college students and graduates deep in debt from taking out loans to cover the high cost of education. […]
Back in March 2020, more than 300 colleges and universities in North America decided to shift their learning activities online due to the COVID-19 pandemic, as reported by the Cable News Network (CNN). However, this shift has done little to prevent institutional revenue decline across the board. Consequently, many higher education institutions in North America […]
The pandemic induced lockdown, which caused colleges to turn virtual, had led to rising concerns among the authorities regarding enrollments. However, despite the shift to virtual classes, more than half of California State University campuses saw enrollment increases in the fall of 2020. Here’s a more in-depth look at how the pandemic has affected the […]
The pandemic continues to disrupt the education system, as evidenced by the National Student Clearinghouse Research Center report that provides details on transfer students. While there was a significant increase in the number of students transferring from two-year colleges to four-year campuses, the report shows a plunge in reverse transfers. In other words, transfers out […]
The coronavirus pandemic has altered the course for countless organizations, especially college campuses this fall. With so much economic uncertainty on the horizon, many colleges are playing it safe by slashing expenses. Here are some of the different paths you can expect colleges to take for the fall semester to stay afloat. Outlook for College […]
The survey conducted by the College and University Professional Association for Human Resource reveals that pay for non-exempt staff rose a median 2.4% last year as compared to 1.9% the year before. Despite this, human resources during the crisis are at risk of losing their work hours or jobs entirely. Who Is Affected While the […]