NACUBO Joins Amicus Brief Countering Breach of Fiduciary Duty Allegations
Oral arguments are set for December 6 before the U.S. Supreme Court in a case against Northwestern University related to 403(b) retirement plan fiduciary duties. NACUBO joined 17 other organizations in an amicus brief calling on the court to take a position that will ultimately screen out meritless litigation.
Dramatic Increase in New First-Time International Student Enrollments
The number of international students enrolled at colleges and universities in the U.S. has started to pick back up following a pandemic-related decline, according to the most recent Open Doors data, with a significant uptick in the number of new international student enrollments this fall.
NACUBO-Nominated Business Officers Selected as Federal Rulemaking Negotiators
Topics in the Department of Education’s latest rulemaking effort include financial responsibility regulations for nonprofit colleges and universities, as well as several rules specific to proprietary institutions.