From Poets&Quants: The University of Texas at Austin’s McCombs School of Business appears to have ended its decades-long partnership with the Consortium for Graduate Study in Management effective July 1, according to a consortium email to prospective applicants obtained by Poets&Quants. “Due to recent changes in state and federal policies regarding Diversity, Equity, and Inclusion (DEI) programs, UT Austin has notified us that they will be ending our formal partnership,” writes Consortium Vice President for Graduate Programs Michael J. Bates in an email to applicants that was forwarded to P&Q. “This decision comes after four decades of collaboration since our partnership began in 1984,” he writes. “This separation is not a reflection of the value or quality of our work together. UT Austin has made clear that this decision is purely driven by regulatory compliance requirements, not by any dissatisfaction with our partnership or mission.”
The Consortium was founded in 1966 at Washington University in St. Louis when management professor Sterling Schoen realized that no Fortune 500 company of the time had an African American in its management. He and others created a network of universities who pledged to help Black students earn MBAs and enter corporate leadership pipelines. Today, the Consortium has 24 top business schools and more than 75 corporate partners in its network and has expanded its mission to create pathways for underrepresented minorities in graduate management education. University of Chicago’s Booth School of Business was the latest school to join, effective July 1, 2024. The networks provide full-tuition fellowships, professional development, and a powerful network of peers and alumni for MBAs...
Full story at https://poetsandquants.com/2025/07/04/dei-the-consortium/.
From Inside Higher Ed: House Republicans want to cut the National Science Foundation’s funding by about $2 billion, according to budget documents released Monday. The House proposal shows Republicans’ priorities as funding talks for the coming fiscal year ramp up. Congress has until Sept. 30 to reach an agreement on a budget, which is made up of 12 appropriations bills, or else the government could shut down. The House appropriations committee has released several proposal bills, while its Senate counterpart is just getting started. Still, funding for NSF is already one point of disagreement between House and Senate appropriators. Last week, Senate Republicans indicated that they would cut only about $16 million from NSF, leaving the agency with just over $9 billion. The House plan, which would give NSF about $7 billion, is just a proposal and doesn’t go as far as President Donald Trump’s proposed budget for fiscal year 2026, which cuts more than $5 billion from the agency...
Full story at https://www.insidehighered.com/news/quick-takes/2025/07/15/house-appropriators-propose-23-cut-nsf.
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