Tag Archives: debt

Ohio: Hebrew Union could face closure

Cincinnati Enquirer: Hebrew Union could face closure

Tough economic times and multimillion-dollar debt might force Hebrew Union College, the nation’s oldest Jewish educational institution, to shut down its Clifton campus.

The Hebrew Union College-Jewish Institute of Religion is facing an $8 million debt – in part because of flat fundraising, pension liabilities, and endowment and other revenue declines that have hit the institute harder than at any other time in its history, Rabbi David Ellenson, the college-institute’s president, told stakeholders in an e-mail.

New threat to the middle classes: Universities’ plan to double student fees could leave millions in debt into their 50s

Daily Mail: New threat to the middle classes: Universities’ plan to double student fees could leave millions in debt into their 50s

Tuition fees could be more than doubled under a blueprint to be put forward by universities today.

Some students would find themselves with debts of £50,000 they could be paying off into their 50s.