Tag: grew

  • SUNY enrollment grew 2.9% in fall 2025, continuing upward trend

    SUNY enrollment grew 2.9% in fall 2025, continuing upward trend

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    Dive Brief:

    • The State University of New Yorks fall 2025 enrollment rose 2.9% over last year, marking the third straight year of growth at the public system after a decade of steady student losses.
    • Enrollment in the 64-college system reached 387,363 students this fall. SUNY also experienced outsized first-time undergraduate enrollment growth this fall, with new students increasing by 3.1% to 70,401.
    • However, SUNY’s recent enrollment growth — up 6.5% since 2022 — is still well below the 500,000-student goal New York Gov. Kathy Hochul set that year.

    Dive Insight:

    From 2012 to 2022, SUNY’s enrollment steadily declined, losing more than a fifth of its students. Hochul has made changing SUNY’s fortunes, and the state’s public higher education more broadly, a policy priority since taking office in 2021.

    SUNY Fall Enrollment

    The university system lost roughly 100,000 students between fall 2012 and fall 2022.

    In that time, New York made completing the Free Application for Federal Student Aid a high school graduation requirement beginning in the 2024-25 academic year, a move SUNY supported publicly.

    SUNY has also introduced direct admissions at community colleges and guaranteed admissions at its selective colleges. Direct admissions programs offer students college acceptance without them first needing to apply, whereas guaranteed admissions programs generally promise students a spot if they submit an application and meet certain conditions.

    In fall 2025, headcounts at SUNY’s 30 community colleges jumped 5% to 173,893 students. Their first-time enrollment also grew, rising 4.8% to reach 34,425 students.

    Hochul on Tuesday partly attributed the enrollment growth at the system’s community colleges to the SUNY Reconnect initiative, launched earlier this year. 

    The program, also known as the Opportunity Promise Scholarship, allows New York residents ages 25 to 55 with no prior degree to attend community college for free if they study certain high-demand fields, such as nursing and engineering.

    As of Nov. 13, 5,608 people enrolled at SUNY community colleges through Reconnect, according to institutional data. Hochul’s office said each student in the program saves an average of $2,000 per year.

    Transfer enrollment also increased at SUNY in fall 2025, up 4.7% to 26,301 students.

    Like overall enrollment, however, the number of transfer students, first-time students, and students at community colleges still fell well below 2015 numbers.

    In contrast to SUNY’s overall growth this year, international enrollment dipped amid federal attacks on foreign students and an increasingly complicated visa landscape.

    Overall international enrollment at SUNY’s colleges declined 3.9% to 20,608 students. 

    The recently released annual Open Doors report found that international enrollment in the U.S. reached an all-time high in fall 2024.  But its preliminary fall 2025 survey of 825 colleges shows their international enrollment dropped 1% this term, driven by a 12% decline in foreign graduate students.

    SUNY’s institutional data aligned with these findings. Declines were steepest at doctoral degree-granting universities, where enrollment fell 6.9% to 15,352 students. International graduate enrollment decreased 13.8% compared to fall 2024, according to Hochul’s office.

    Other institutional types — the system’s comprehensive and technology colleges — saw increases, though they only enroll a combined 2,216 international students. 

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  • Big university endowments grew 11.5% in FY25, TIFF says

    Big university endowments grew 11.5% in FY25, TIFF says

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    Dive Brief:

    • Amid volatile markets and shifting investment strategies, big U.S. university endowments posted their second straight year of double-digit gains, according to an analysis from TIFF Investment Management. 
    •  Endowments worth over $1 billion that have reported earnings so far made average returns of 11.5% in fiscal 2025, TIFF found. That’s on top of 11.2% average annual returns experienced sectorwide the previous year, according to the National Association of College and Business Officers-Commonfund endowment study. 
    • The strong earnings from college endowments come as Republicans aim to convert more of those funds into government revenue. “The Endowment Tax is coming,” the TIFF report noted.

    Dive Insight:

    Of the colleges that have reported their endowment earnings, the University of Wisconsin-Madison posted the highest return rate at 16.2%, followed by one of the University of California’s fund pools (15.8%) and the University of Michigan (15.5%).  

    For now, endowments have enjoyed strong returns and minimal, if any, federal taxes. The TIFF report attributed strong growth in fiscal 2025 — which ended in the summer for universities that recently reported — to outperforming private investments, such as in private equity and venture capital. Within private equity, investments in growth and pre-IPO companies in particular helped boost earnings. 

    For example, the Massachusetts Institute of Technology’s endowment — the top-performing among a group of elite colleges that also includes the Ivy League and Stanford University, with a return rate of 14.8% — had a little over a third of its assets in private equity, according to TIFF. University of Michigan had 9% in private equity and 28% in venture capital. 

    Endowment returns were also helped along by strong performances in both equities and bonds in what TIFF described as “an unusual year,” with both safer and higher-risk securities yielding returns amid broad economic concerns. International equities, artificial intelligence-related stocks, like Nvidia, and other diversifying investments such as gold also gave endowments a lift, TIFF said. 

    Endowment returns will face new pressure in 2026. The massive spending bill signed by President Donald Trump this summer is set to raise taxes next year on the richest private university endowments by multiple percentage points. 

    The current endowment tax — a flat rate of 1.4% enacted in 2017 — only applies to the wealthiest few dozen endowments in the country. 

    The spending bill creates a tiered tax system for colleges with 3,000 or more tuition-paying students that starts at 1.4% on returns for endowments valued at $500,000 to $749,999 per student. It then jumps to 4% and 8% based on endowment assets per student. 

    For the largest endowments, that translates into a tax bill of many millions of dollars per year. Harvard University, for example, anticipates it will pay $300 million a year to the government, CFO Ritu Kalra said in October. That compares to $44 million in taxes and other fees in fiscal 2024.

    “That means hundreds of millions of dollars that will not be available to support financial aid, research, and teaching,” Kalra said in an official Q&A following the release of the university’s annual financials. 

    Yale University President Maurie McInnis said in July the tax will cost the institution around $280 million in its first year and likely more after that. 

    Even universities with smaller tax bills are also anticipating financial pain. 

    In July, Washington University in St. Louis’ leader cited in part an estimated $37 million in additional costs from the new taxes in explaining the need for budget measures. WashU has laid off 316 staffers and eliminated another 198 unfilled positions since March.

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  • Efforts to Restrict or Protect Libraries Both Grew This Year – The 74

    Efforts to Restrict or Protect Libraries Both Grew This Year – The 74


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    State lawmakers across the country filed more bills to restrict or protect libraries and readers in the first half of this year than last year, a new report found.

    The split fell largely along geographic lines, according to the report from EveryLibrary, a group that advocates against book bans and censorship.

    Between January and July 2025, lawmakers introduced 133 bills that the organization deemed harmful to libraries, librarians or readers’ rights in 33 states — an increase from 121 bills in all of 2024. Fourteen of those measures had passed as of mid-July.

    At the same time, legislators introduced 76 bills in 32 states to protect library services or affirm the right to read, the report found.

    The geographic split among these policies is stark.

    In Southern and Plains states, new laws increasingly criminalize certain actions of librarians, restrict access to materials about gender and race, and transfer decision-making power to politically appointed boards or parent-led councils.

    Texas alone passed a trio of sweeping laws stripping educators of certain legal protections when providing potentially obscene materials; banning public funding for instructional materials containing obscene content; and giving parents more authority over student reading choices and new library additions.

    Tennessee lowered the bar to prosecute educators for sharing books that might be considered “harmful to minors.”

    A New Hampshire bill likewise would’ve made it easier for parents or the state attorney general to bring civil actions against school employees for distributing material deemed harmful to minors, but it was vetoed by Republican Gov. Kelly Ayotte.

    In Nebraska, a new law allows for real-time alerts for parents every time a student checks out a book. South Dakota requires libraries and schools to install filtering software. New laws in Idaho heighten the requirements to form library districts and mandate stricter internet filtering policies that are tied to state funding.

    In contrast, several Northeastern states have passed legislation protections for libraries and librarians and anti-censorship laws.

    New Jersey, Delaware, Rhode Island and Connecticut have each enacted “freedom to read” or other laws that codify protections against ideological censorship in libraries.

    Connecticut also took a major step in modernizing libraries in the digital age, the report said, becoming the first state in the nation to pass a law regulating how libraries license and manage e-books and digital audiobooks.

    Stateline reporter Robbie Sequeira can be reached at [email protected].

    Stateline is part of States Newsroom, a nonprofit news network supported by grants and a coalition of donors as a 501c(3) public charity. Stateline maintains editorial independence. Contact Editor Scott S. Greenberger for questions: [email protected].


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  • Endowments grew 4% in FY2024 on investment returns, donations

    Endowments grew 4% in FY2024 on investment returns, donations

    Dive Brief:

    • The value of college endowments collectively grew 4% in fiscal 2024 thanks to a combination of strong investment returns and a rise in donations, according to the latest data from the National Association of College and University Business Officers and asset management firm Commonfund.
    • The total value of the endowments of the 658 institutions that participated in the study reached $873.7 billion for the year, with a median endowment value of $243 million. Of the survey respondents, 144 had endowments of $1 billion or more, comprising roughly 86% of the total value reported.
    • Gifts to endowments rose to $15.2 billion from $12.7 billion last year, according to the study. Draws on funds rose as well, by 6.4% year over year to $30.1 billion in spending at institutions. 

    Dive Insight:

    Investment returns remained strong through 2024, supporting institutions’ spending from their endowments. Ten-year average annual returns stood at 6.8% for fiscal 2024, down slightly from last year but still robust enough to make spending with endowment money “possible and prudent,” NACUBO and Commonfund said in a press release. The average one-year return hit 11.2%, a 3.5 percentage point increase over 2023.

    On average, endowments funded 14% of institutions’ operating budget, up from 10.9% in fiscal 2023, according to the NACUBO-Commonfund study. 

    Student aid represented the largest share by far of endowment spending, at 48.1%, followed by academic programs and research at 17.7%. 

    Colleges spend the largest share of endowment funds on student financial aid

    Endowment spending distribution by function in fiscal 2024

    “Faculty and staff certainly benefit from this philanthropy, but students remain the primary beneficiaries, as the bulk of these resources is used to maintain student aid and affordability,” NACUBO President and CEO Kara Freeman said in a statement.

    The list of the largest endowments looks very similar to that of years past. In the No. 1 spot, once again, is Harvard University, with a value of about $52 billion, up 5% from last year. Harvard is followed by the University of Texas System ($47.5 billion) and Yale University ($41.4 billion). 

    Harvard University has the largest endowment — again

    Endowment sizes in fiscal 2024 by total market value and value per student

    Those wealthy endowments are once again in the spotlight as President Donald Trump and Republicans eye higher tax rates on colleges’ investment funds.

    During Trump’s first term, he signed a tax bill containing a 1.4% levy against the investment income of private colleges whose endowments are valued at $500,000 or more per student. House Republicans this year floated a plan to jack that rate up to 14%. Others have proposed yet higher rates, including 21%, to be in line with the same rates paid by for-profit corporations. 

    NACUBO addressed the politics around endowments in its release of the latest data. 

    Pointing to how institutions use their endowments on student aid and other core functions, Freeman said, “This is incredibly important work and demonstrates how short-sighted it would be to further tax these funds and divert them from their true purpose.” 

    Mark Anson, Commonfund CEO and chief investment officer, said at a Tuesday media briefing that institutions would have to take a close look at post-tax investment returns should higher rates become law. That could in turn push many to look at more aggressive investing strategies, while others would likely see the share of their operations financed by endowments fall, Anson added.

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