The call for increased transparency in the college pricing and financial aid arenas is coming from many directions and is ringing louder and more clearly than ever. Institutional customers, students and families who have for some time been expecting more information, now want it more quickly and in terms they can understand easily and compare consistently across institutions.
Articles: Tuition
2/1/2011
There are 18 million college students, 40 percent of whom receive federal financial aid every spring and every fall. The average student, after class drops and other adjustments, gets 2.5 refunds totaling $1,300. That's a lot of money and a lot of transactions that have to be made according to a stringent set of regulations.
9/1/2010
It took one determined program director, two tries, three years, and much collective brainpower—but at Chatham University in Pittsburgh, today's interior architecture program students can earn a bachelor degree in three years rather than four.
4/1/2010
With rising student loan debt, a tough job market for recent graduates, and a tougher default standard higher education institutions will have to meet in 2014, strengthening default prevention efforts is an imperative. Yet it's not always clear what factors determine default rates and how much influence higher ed institutions have in keeping defaults low.
2/1/2010
It is easy to communicate with constituents when you are talking about enrollment growth, a large financial gift, faculty accomplishments and new building projects. But what about when the going gets rough? What then? How do you share bad news with individuals, both internal and external, who are vested in your institution?
1/1/2010
Determining the fair value of assets and liabilities on a university's financial statement has become increasingly stringent, particularly under the Financial Accounting Standards Board (FASB) Accounting Standards Codification Fair Value Measurements and Disclosures (Topic 820), formerly FAS 157.
5/1/2009
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IN THE MEDIA, FINANCIAL aid coverage tends to focus on topics such as the tensions between funding merit scholarships versus need-based grants, the growth in student and parent borrowing, and the need to increase funding for Federa
5/1/2009
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NOTHING TENDS TO FOCUS the mind more than impending doom, which lately has taken the form of the speeding train that is our current financial crisis.
1/1/2009
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AT THE RISK OF INVITING the ire of clients and friends, I think it’s fair to say that colleges and universities are the “chosen ones” of the federal grants world. They have more favorable rules compared to those in other areas.
12/1/2008
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A USA TODAY HEADLINE states, “Tuition Hikes Will Ease.” The article opens, “The price tag for college tuition is continuing to climb this year, but experts are predicting less sticker shock than in the past two years.”
9/1/2008
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WHAT WOULD YOU PAY FOR A COPY OF Introduction to Economic Analysis by R. Preston McAfee? $100? $150? How about nothing?
7/1/2008
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AS I WRITE THIS, OIL IS AT $135 A BARREL; gas pump prices have topped $4 almost everywhere. Some airlines are charging a $15 fee for the first checked bag-on top of a $25 fee for checking a second bag-to help offset fuel costs.
4/1/2008
Long lines, frustrated students, and tired staff-those are the stuff that campus bursar's offices are made of. Or are they?
"On the first day of classes, it would be like standing in Penn Station in rush hour," says Dan Maguffin, bursar at the Rensselear Polytechnic Institute (N.Y.), of the scene that he used to see outside his office. Four years after his arrival, things have certainly quieted down. "Now when you walk through, you would think it's a Sunday morning."
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