Friday, August 5, 2016

Colleges show declining fiscal health - Josh Sweigart, Dayton Daily News

University spending in the face of stagnant tuition revenue is taking a toll on the financial health of many of Ohio’s four-year public universities. An I-Team analysis of state data designed to measure the financial health of Ohio’s 13 public four-year universities found nine saw declining scores in the most recent data available. The numbers show several Ohio institutions need to right their financial ships, or else they could find themselves unable to pay their bills in the next three to five years, according to Richard Vedder, an economist at Ohio University who specializes in higher education funding.

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