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.
Articles: Financial Services
7/19/2012
Higher One has achieved Oracle Validated Integration of its CASHNet payment processing suite 2012.2 with Oracle’s PeopleSoft Campus Solutions 9.0. With this integration, colleges and universities, as well as students and parents, are able to easily process payment anytime, anywhere using the CASHNet payment processing suite.
7/19/2012
- Cuts in state funding have forced University of Alabama trustees to consider tuition increases for the fifth straight year. Tuition hikes ranging from 7 percent to 8.6 percent are expected for all three campuses. If approved, tuition for in-state undergraduate students will rise 7 percent from $4,300 per semester at the main Tuscaloosa campus to $4,600.
7/18/2012
Students and technology go hand in hand, especially when you hand out smartphones at orientation. Seton Hall University (N.J.) did just that with Nokia Lumia 900 smartphones during orientation in June. “It’s an exciting time here at Seton Hall,” says David Middleton, assistant vice president for administration and executive director of the university’s Center for Mobile Research and Innovation.
7/18/2012
Now that we have all waved our classes of 2012 on their way with pomp and circumstance—and hopefully with sunny graduation days—it’s only natural to turn our attention to the classes of ’13, ’14, and ’15. But to read the headlines of the past few months, there’s still plenty to worry about concerning the graduates who are just entering the workforce and for whom the forecast is considerably cloudy.
7/17/2012
I recently read a story about a family whose son is struggling to pay off nearly $200,000 in medical school debt. The family plans to help pay the debt by auctioning an 84-year-old home run baseball hit by Yankee great Lou Gehrig.
7/17/2012
What single key thing must campus administrators keep in mind when considering audio options?
“The one thing that needs to be understood for an audio solution across a campus is how to implement a simple solution for all environments that will need audio. The different classroom settings make it very difficult for an administrator to come up with a one-size-fits all type of solution.” —Tim Root, CTO and executive VP of new business development, Revolabs
5/30/2012
At the beginning of the 21st century, MIT began a bold, pioneering experiment in bringing higher learning to the masses. Originally intended for students traveling abroad to keep up with their studies, the OpenCourseWare Project enabled anyone to access the OCW site and read course materials from more than 2,000 MIT classes.
5/25/2012
A common objective for business schools across the country is development of leadership skills. For this reason, MBA programs utilize team-based assignments, incorporate leader development in the core curriculum, and include a plethora of leadership and service opportunities in co-curricular offerings.
5/24/2012
The Pennsylvania State System of Higher Education revealed that an audit shows California University of Pennsylvania inappropriately used university employees to raise money for its private foundation and improperly diverted nearly $6 million to the same nonprofit.
The audit led to the firing of university President Angelo Armenti, who led the institution for nearly 20 years. Armenti says the audit findings are "baseless" and "unfounded."
5/24/2012
As college acceptance letters began popping up in mailboxes across the country this year, incoming students were left once again with the daunting task of choosing the right school. While cost has always been a consideration, more students than ever before are now considering it as a key factor—not only in terms of which school to attend, but whether they go to college at all.
5/23/2012
Americans are increasingly choosing donor-advised funds (DAFs) as their preferred charitable giving vehicle. They have become the fastest growing vehicle in philanthropy, outnumbering private foundations by more than two-to-one. In 2010 (the most recent available data), grantmaking from DAFs totaled more than $6.1 billion, according to the “2011 Donor-Advised Fund Report” from National Philanthropic Trust.
4/24/2012
To outperform the broad U.S. equity market, many college and university endowments focus primarily on hiring active managers to outperform a narrow part of the market, such as large-cap growth or small-cap value, while maintaining an equal allocation between growth stocks and value stocks. In addition to active management, however, these endowments should also consider taking advantage of a structural bias that exists in the U.S.
4/24/2012
As new high school graduates anxiously await acceptance letters from their favorite colleges, many will start to plan for this new chapter in their lives by seeking student loans and financial aid to pay for it. After running the gauntlet of qualifying for loans and assistance, many will forget all about it.
4/24/2012
Higher education costs are skyrocketing at a rate much higher than inflation. While states have drastically reduced public university budgets, those universities are constrained from raising tuition costs appreciably. Add to this the fact that higher education is a labor-intensive enterprise, and you begin to understand the dilemma in which we college administrators find ourselves.
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