Weekly Market Update


Thursday, March 28, 2019

Last week, President Trump signed an executive order that, among other things, seeks to ensure that institutions receiving federal funding are held accountable for protecting free speech on campus. The decree received mixed reviews -- although it garnered praise for protecting the constitutional rights of the students, others criticized the move, citing a lack in direction around its enforcement and the potential discrimination that could result. The governor of Iowa signed a bill on Wednesday that would require the state's public campuses, including universities and community colleges, to adopt free speech policies. Kentucky also signed a similar bill, seeking to prevent schools from intervening in actions that fall under the purview of free speech.

In Other News

  • In an effort to maintain its accreditation as well as its access to federal aid, Bennett College has sued its accreditor, the Southern Association of Colleges and School Commission on Colleges, and is seeking approval from a national accreditor of religious colleges.
  • Hank Bounds will be stepping down from his position this summer after four years as the president of the University of Nebraska.
  • Sales tax will no longer be imposed on nonprofit ticket sales and items sold for fundraising purposes in Kentucky.
  • Arizona State University received $50 million, one of its largest donations ever, to be shared by its College of Nursing and Health Innovation and its Biodesign Institute for research on dementia.
  • With the state experiencing a shortage in K-12 teachers, the Texas A&M University System is launching a campaign to encourage incoming freshman and community members to become educators.