Needy students may lose out as college funding models collapse
(NEWSER) - Colleges and universities around the country are facing budget shortfalls so steep they could change the way they do business forever, the New York Times reports. With endowments shriveling, state financing being slashed, the cost of debt rising, and donors scaling back, both public and private institutions are cutting staff, postponing construction projects, pulling back financial aid, and raising tuition. More»
