The vast majority of independent, private sector, higher education institutions are more than 80 percent dependent on tuition and student fees—the exception of course being that small cadre of elite, well-endowed institutions that comprise a small portion (less than 10 percent) of private schools. Even most of the nation’s public colleges and universities are increasingly dependent on tuition revenues and often student headcount affects the allocation of state support.
Articles: Financial Services
9/24/2012
- Emphasize the cost savings. By paying even a portion of their tuition through an installment plan now, rather than amassing larger post-college debt, families can save big.
- Make it multichannel. Communications about the option should ideally be on-paper (mailed and posted on campus), online, via email, and by phone.
- Reach out often.
9/24/2012
The cost of a college education continues to rise, despite declining consumer ability to pay for it. And with 70 percent of college students and parents agreeing that college is needed now more than ever, according to Sallie Mae’s “How America Pays for College 2012,” finding an affordable institution is key.
9/24/2012
- Campus Management, a provider of enterprise software products and services, has announced a strategic alliance with EC Group, a professional services company specializing in financial aid management, regulatory compliance and institutional effectiveness.
- The Texas Partners Federal Credit Union has joined the pool of about 500 credit unions that offer Sallie Mae’s Smart Option Student Loan referral program.
- Higher One will soon be offering OneAccount Edge
9/21/2012
Employers believe their employees must be committed to continuing education to remain on top of their industries and their jobs, according to research commissioned by Destiny Solutions in October 2011.
9/21/2012
In 2011, four community college system chancellors began discussing how community colleges help build a stronger, more competitive workforce and, therefore, a strong middle class. “What we were seeing was increased recognition of the role of community colleges in terms of solving a number of problems being faced by individuals, employers, and states, but along with that recognition were increased expectations,” says Joe D.
9/21/2012
You won’t find an college store named Rafter, Akadémos, or Neebo, but these companies have been reshaping the landscape of textbook buying, renting, and more.
9/21/2012
At the River Store in Ft. Pierce, Fla., it’s hard to miss the course textbooks stacked along multilevel, metal shelves, as well as the array of insignia T-shirts, sweatpants, hoodies, and caps bearing the Indian River State College logo and nickname, the Pioneers. These offerings have long been what generations of students, faculty, and alumni have come to expect at many of the almost 4,500 college stores across the country.
8/29/2012
The Future of Video in Education Summit
Video is changing the way we teach, learn, and do business on campus. How can you harness the power of online video—from lecture capture to campus events to student-generated content—to create new value? That was the focus of the Future of Video in Education Summit preceding UBTech 2012. Sponsored by Sonic Foundry, the summit examined those questions in a series of presentations and panel discussions.
8/28/2012
We all want to be winners. That trait is truly universal. But as U.S. higher education increasingly recruits students across international lines, how do we overcome challenges of language, culture, and academic preparedness to ensure that, while some win, others do not lose?
8/28/2012
Textbooks are a big ticket purchase for college students, but that cost has declined slightly over the past five years. That’s not to say students are buying fewer books—or that textbook prices have gone down—but that they have found ways to bring the cost down, often with the help of campus bookstores.
8/28/2012
At the end of July, the Senate Health, Education, Labor, and Pensions (HELP) Committee released “For Profit Higher Education: The Failure to Safeguard the Federal Investment and Ensure Student Success.”
8/27/2012
Despite Federal District Court Judge Rudolph Contreras’ ruling that negates a primary metric of the U.S. Department of Education’s “gainful employment” regulations, the DOE still has authority to regulate gainful employment programs and schools should continue to look for ways to promote the financial success of their students.
8/27/2012
A third of all colleges and universities in the United States are in a weaker financial state today than before 2005, according to a new study.
Colleges have more liabilities, higher debt service, and increasing expenses without the revenue or cash reserves to back them up, as well as limited ability to pass costs onto families, according to Boston-based Bain & Co.
8/27/2012
Officials at Purchase College, State University of New York, as elsewhere, have sought innovative ways to keep tuition low and cut costs. One such effort is Purchase Park2Fly (PP2F), now in existence for a year. The program allows passengers at neighboring Westchester County Airport to park on the campus’ vacant parking lot, at a cheaper rate than they could get on airport grounds and with a shuttle that picks up and drops off passengers to the airport.
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