September 29, 2023 by WVCBP
Shepherd is Latest State University to Address Financial Issues

West Virginia Watch, Huntington News Network, Hampshire Review - Shepherd University, a small, public university in the Eastern Panhandle, is the latest West Virginia higher education institution to announce that it has made staff reductions and program changes in an effort to deal with its debt. Read the full article. The university is trying to…

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September 22, 2023 by WVCBP
What Led to WVU’s Wide-ranging Academic Cuts? Enrollment Downturn and State Funding Decline Played a Part.

Pittsburgh Post-Gazette - West Virginia University’s far-reaching plan of academic cuts follows years of challenges at the flagship school. Read the full article. On Friday, the university’s board of governors axed 28 majors and 143 faculty positions as officials attempt to mitigate a $45 million deficit that could swell to $75 million by 2028.  Upon the cuts, WVU…

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August 24, 2023 by Kelly Allen
Research Preview: Hope Scholarship Sends Public Taxpayer Dollars Out of State and to Unaccredited Schools

West Virginia lawmakers passed the Hope Scholarship, at the time one of the broadest school voucher programs in the nation, in 2021. Voucher programs like the Hope Scholarship, referred to as Education Savings Accounts, divert taxpayer funding from the public education system to unaccountable, sometimes unaccredited, private schools and education service providers. With no public…

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June 28, 2023 by WVCBP
Legislature Gets ‘F’ in State Funding for Higher Education

Yahoo News, Dominion Post - The $45 million shortfall West Virginia University faces is still some of the biggest news around town. In the past week, we've discussed the issue in terms of what the university could have done and should do (or not do) in the future. But there are multiple factors at play,…

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June 26, 2023 by WVCBP
West Virginia University Cuts $7M in Staff Amid Budget Crunch

Higher Ed Dive - West Virginia University is grappling with an enrollment decline all too familiar for many higher education institutions — though it is somewhat unusual for a public flagship to be staring down such a significant budget hole.  Read the full article. E. Gordon Gee, WVU’s president, has said the falling enrollment is a…

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June 23, 2023 by Kelly Allen
Shrinking Pains at West Virginia University

Inside Higher Ed - When West Virginia University president E. Gordon Gee announced plans to cut programs and faculty in the face of a projected $75 million budget shortfall, he said he wanted the process to be as compassionate and transparent as possible. It was, after all, the first reduction in force (RiF) in the university’s history to…

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June 21, 2023 by WVCBP
This R1 University Doubles Down on Mergers to Adapt to Budget Shortage

University Business - West Virginia University is potentially facing a $45 million budget deficit in the next fiscal year, and considering its current tuition and enrollment trends, that gulf can grow past $70 million in the next five years. Read the full article. As a result, President Gordon Gee is merging the College of the Creative Arts…

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June 17, 2023 by WVCBP
West Virginia University to Merge Two Colleges in the Face of Deep Budget Deficit

Higher Ed Dive - West Virginia University announced Wednesday a merger of its College of Creative Arts and the Reed College of Media, heralding it as a “creative and innovative collaboration.” Read the full article. But in the same breath it cast the consolidation as inventive, it acknowledged it was staring down “a challenging collegiate landscape,” which…

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June 15, 2023 by Kelly Allen
WVU’s State Funding Levels Questioned

The Intermountain - West Virginia University has been facing financial challenges for years. This year it will be dealing with a projected $45 million deficit. According to one in-state think tank, lawmakers dropped the ball by failing to maintain steadier state funding for higher education over the past few years. Read the full article. The…

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