Tag

Program Closures

All articles tagged with #program closures

education1 hour ago•3 min saved

Penn State to shutter 47 degree programs in major academic restructuring

Penn State has finalized recommendations to close 47 of its 403 undergraduate and associate degree programs, affecting approximately 1.1% of the student body. The cuts, driven by low enrollment and duplication, include 11 programs at University Park and span multiple campuses. While graduate programs remain unaffected, 71 additional programs face evaluation next year. The university emphasizes strategic reallocation of resources rather than simple cost-cuting, with teach-out plans to support current students.

via Centre Daily Times|

#education #fotis-sotiropoulos #higher-education

business2 years ago•7 min saved

Unraveling Eric Schmidt's Billion-Dollar Philanthropic Quagmire

Schmidt Futures, the philanthropic organization founded by former Google CEO Eric Schmidt and his wife Wendy Schmidt, is facing upheaval as it spins out and sunsets several programs, including partnerships with the White House and Oxford University's Rhodes Trust. The foundation's decision to end its backing of the "Crisis Response Initiative" before its launch has caused embarrassment and confusion. The changes have also resulted in layoffs. Schmidt Futures is currently undergoing a five-year review of its operations and impact, with plans to announce new initiatives in 2024. The foundation, which has poured its annual budget of around $400 million into various areas, is funded through the Schmidts' nonprofit arms and has launched over 100 programs since its inception in 2017.

via Forbes|

#business #eric-schmidt #layoffs