Lots of cutback and layoff stories this week. With most commencement events taking place, I continue to look for stories where colleges proudly announce their sub-50% graduation rates. Hasn’t happened yet.

Here are the top stories beyond cutbacks and layoffs

+ Arkansas Baptist College employees go weeks without pay
+ Not All Colleges Are Worth Saving

+ Averett University is suing its former CFO and endowment fund investment manager

+ WSJ: The End of the Free College Lunch

Show Notes:

Schedule a 1:1 Demo of the Private College Advanced Financial Compass with me.

Hood College (MD) faces budget deficit, increases draw from endowment

Johnson & Wales to cut 91 jobs amid $34m deficit, decreased enrollment

Arkansas Baptist College employees go weeks without pay

Applications drop to five-year low - as acceptance rate increases on May 8th

Linfield students, faculty push back on proposed university budget cuts

Averett University is suing its former CFO and endowment fund investment manager

The End of the Free College Lunch (Behind WSJ Paywall)