When a group of venerable, high-profile universities that includes Georgetown and Villanova announced late last year that they were leaving the Big East, it may have seemed like just the latest reshuffling of collegiate athletic conferences in what has come to feel like an endless game of musical chairs. All of this recent turmoil in collegiate athletics is just a symptom, however. The larger problem is money—or, to be more specific—a lack of money.
Articles: Financial Services
5/7/2013
When Jesica Rasmussen began looking into her university options three years ago, she had more on her mind than a typical college freshman. As the wife of an active-duty soldier in the U.S. Army, Rasmussen could expect many moves in her future. She could expect deployments when her husband was away for long periods of time, leaving her alone to care for their four children.
5/2/2013
Student groups at more than 60 college and universities hosted events to raise awareness and push for fossil fuel divestment as part of 350.org’s #FossilFreedom Day of Action.
4/24/2013
Bringing a shopping cart experience to online donors so they can give to multiple areas but only check out once is a big step for institutional advancement offices to make. Yet, as involved a project as that is, there are always enhancements that can be made to the shopping cart itself and to other areas of the giving website. Here are 15 ideas and actions worth modeling:
4/23/2013
As student loan debt levels and default rates in the United States continue to climb, consumers remain concerned about the accessibility and affordability of higher education. The average overall loan debt for bachelor’s degree recipients is fairly manageable (about $26,500 for the class of 2011, according to The Institute for College Access and Success). Still, students and families are shouldering a greater portion of the cost of college through loans than they ever have before.
4/23/2013
Shopping cart tools are only an enhancement to an institution’s website when they enhance, rather than inhibit, the donor’s experience. Here are nine questions the project team can ask to ensure that the giving transaction is a positive one.
4/18/2013
How might a company or institution profit from a MOOC? Here are eight possible strategies, as outlined in Coursera's contract with the University of Michigan.
4/18/2013
Disputes over intellectual property (IP) rights have been around as long as faculty members have been producing ideas. Whether it’s a cure for a disease, a textbook, or even a syllabus, ownership and IP rights are dictated by a policy at every college and university in the United States.
4/10/2013
- Unbiased student choice of where to bank. The bank account students begin at school may continue with them for decades. Such an important choice shouldn’t be skewed by which bank gave the school the most money. For financial aid disbursements, campuses should provide students a diverse set of disbursement options that clearly include the ability to use their own existing bank account and ability to choose to receive a check.
4/1/2013
There are seven areas of oversight that trustees of higher education institutions should consider as fiduciaries. Mistakes in any of these areas can negatively impact the expected growth and risk profile of the portfolio, and in turn, the institution’s financial well-being.
Mistake #1: Not Tracking Total Investment Portfolio Performance
3/26/2013
Massive open online courses are all the rage. By allowing anyone to take an online course—in the original form and without receiving a recognized credential from an institution—MOOCs appear to skirt the edges of the complex, multilevel regulatory framework governing American higher education. By different names, these courses have actually been around for years, but the promotion of MOOCs by prestigious American institutions has created a tsunami of interest.
3/26/2013
As a result of March’s sequestration, colleges and universities are starting to figure out how to deal with government cuts from student loan funding and the trickle down of major cuts to agencies that support the bulk of institutional research and development.
3/20/2013
A father I know asked his 9th-grader how his math grades had jumped from C to A-, when prior personal tutoring hadn’t helped. The reply: “Dad, it’s easy! I taught myself using Khan Academy.”
3/20/2013
Until a few years ago, a visitor to a college campus might have thought credit card vendors operated branch offices there, so pervasive was their marketing. For many students, getting their first credit card was a step toward adulthood. In the best of circumstances, students began lifelong associations with a particular bank or financial institution, and established their all-important credit history.
2/28/2013
Higher ed organizations are bracing for potential cuts in student loan funding and the trickle down of major cuts to agencies that support the bulk of institutional research and development.
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4/25/2013
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