And So It Begins…

According to Reuters: Houghton Mifflin Harcourt Publishers Inc has reached a deal with more than 70 percent of its creditors to cut $3.1 billion in debt as it faces a lagging textbook market due to drops in educational funding. The publisher said it plans to restructure through a pre-packaged, court-supervised Chapter 11 bankruptcy. The HMH … Read more

University Presidents on “Irrelevance”

This morning’s Chronicle of Higher Education reports on a survey of more than 1,000 university presidents conducted for the Chronicle by the by the Pew Research Center. What’s on university presidents’ minds? “We’re staring fundamental change in the face,” said Stephen R. Portch, a former chancellor of the University System of Georgia. “Our system is … Read more