#higher-education-finance

#higher-education-finance

The latest official figures, released this week, documenting the number of visa applications to live and work in the UK showed a further slump in people successfully navigating the new rules. Only three years ago, annual net migration soared to almost 1 million. This year the number of people entering the UK could fall to such an extent that it drops below the number moving in the opposite direction, sending the figure for net migration below zero for the first time since 1993.

At least 15 nonprofit institutions announced closures amid a difficult year for higher education as the sector navigated rising operating costs and political minefields amid a presidential transition. That number is down from last year when Inside Higher Ed tracked 16 closure announcements but up from 2023 when 14 nonprofit colleges announced plans to shutter their operations. That count does not include colleges that closed this year but had previously announced plans to do so.

UChicago is reportedly selling the Center for Research in Security Prices, founded in 1960, for $355 million to Morningstar, a research and investment firm also located in Chicago. The center, known as CRSP, developed a market database more than 65 years ago that "allowed investors to measure historic rates of return for U.S. stocks," according to its website, which notes that its data has been used in more than 18,000 peer-reviewed studies and by hundreds of entities.