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![An analog clock sits nestled in between bound stacks of hundred dollar bills](https://www.insidehighered.com/sites/default/files/styles/image_205_x_203/public/2024-04/overtime_change.jpg?itok=lG5ydshz)
Biden Administration Finalizes Overtime Rule
The updated regulation will require colleges and universities across the country to either raise staff salaries to $58,656 or grant them overtime pay by Jan. 1, 2025.
Cuts Shrink Arizona Budget Shortfall to $52 Million
To combat severe budget issues, University of Arizona officials have unveiled a plan that will reduce a projected financial shortfall...
![A photo of the Goddard College campus.](https://www.insidehighered.com/sites/default/files/styles/image_205_x_203/public/2024-04/Goddard_College.jpg?itok=vwY9DZ5s)
Goddard College Announces Closure
The small, progressive Vermont college will close at the end of the spring semester. It’s another blow to a state that has lost a number of higher ed institutions in recent years.
![Northland College campus](https://www.insidehighered.com/sites/default/files/styles/image_205_x_203/public/2024-04/Northland_College_Campus_wikimedia_commons.jpg?itok=PrAgtCYD)
Wisconsin College Teeters on the Brink, in Public
Northland College announced a potential closure last month hoping to spark last-minute fundraising to save itself. It hasn’t worked so far.
Northland College Fundraising Fails, Financial Exigency Declared
The president and Board of Trustees at Northland College voted Thursday to declare financial exigency after failing to raise enough...
University of Arizona President to Step Down
Nearly six months into a financial crisis and facing the wrath of Governor Katie Hobbs, University of Arizona President Robert...
![A hand can be seen adjusting a black and white sign that reads “CLOSED.”](https://www.insidehighered.com/sites/default/files/styles/image_205_x_203/public/2024-04/GettyImages-1129355137 (1)_crop.jpg?itok=u0n4cVqC)
Opinion
Yes, Colleges Do Close
Many will soon—and leaders’ collective refusal to discuss this openly only makes things worse, John J. Smetanka writes.
Oak Point University Announces Closure
Oak Point University in Illinois announced last week that it is unexpectedly closing at the end of the spring semester...
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