“At a time when corporations, homeowners and even local governments are refinancing at historically low interest rates and saving millions of dollars, students and families who take out loans to pay for college are getting left behind," Gillibrand said. "Ensuring that our graduates are not saddled with unmanageable debt by keeping interest rates low is just common sense."
Financial Services
5/20/2013
5/20/2013
At some point, 14 percent of Purdue's most recent young alumni cohort, which the school measures as anyone under the age of 35 who graduated within the last 10 years, has given gifts to the university, which has resulted in about $2 million, according to Storm. That represents a tiny chunk of the $300 million Purdue receives annually in gifts system-wide.
5/20/2013
Governor Rick Scott announced Monday that he is using his line item veto power to nix a three percent tuition increase for university students.
5/20/2013
College trustees, who are sometimes inclined to be overly generous, should ponder carefully whether big salaries and bonuses are in keeping with the mission of taxpayer-supported schools.
5/16/2013
Two Michigan congressmen are proposing legislation that would allow families to save even more for their children’s college costs.
5/16/2013
The University System of Maryland's Board of Regents approved tuition and fee hikes at a meeting in Baltimore on Wednesday. The 2.4 percent increase over this year's tuition and fees is expected to boost revenue by $35.7 million.
5/16/2013
The online comparison tool, the first in Texas to have such a comprehensive set of information including earnings data, allows users to access and interact with information for every public university and community college across the state.
5/15/2013
Budget leaders of the state Senate today unveiled a proposed operating budget for the University of Massachusetts that throws into doubt a plan by the university president to freeze student tuition and fees for the coming school year.
5/15/2013
Students’ access to high-demand classes should not depend on whether they can pay extra for the privilege. The legislature should reject a bill that would set up a two-tier fee system for some community college classes. State and education officials should find a better solution to the space shortage in must-have classes than letting those with more financial resources skip to the head of the line.
5/15/2013
This year's crop of college graduates is walking across the stage and into a still-tough job market, and Andy Chan, vice president of personal and career development at Wake Forest University, says many of them haven't been well-served by traditional career counseling.
5/15/2013
The circumstances of 18-year-old high school graduates beginning their bachelor’s degree programs at four-year residential colleges are different from that of 30-year-old single parents seeking short-term occupational certificates to find jobs. A new report released by a panel of higher education experts recommends changes to the Pell Grant system to better serve the growing numbers of nontraditional students.
5/15/2013
The Stella and Charles Guttman Foundation is giving $15 million to New Community College, which will change its name to Stella and Charles Guttman Community College.
5/9/2013
For low-income students in the United States, the college math is bleak: only one-third of kids from families at or below the poverty line attend college, and even fewer graduate. The Department of Education has committed to improving those numbers, but a new report casts serious doubt on the effectiveness of the government’s efforts.
5/9/2013
"Lavender graduation," also known as "rainbow graduation," first occurred at the University of Michigan in 1995 and honors the hardships, achievements, struggles and hopes and dreams of graduates and allies from the gay community.
5/9/2013
It would seem that the Economics 101 story around higher education for the past few decades would go something like this: for various reasons, government has decided to increase demande for higher education massively, via increased subsidies and in particular student loans; meanwhile, supply has not kept up, because non-profit universities get paid in prestige (understood as mathematical selectivity) and therefore have an objective self-interest in not growing; the for-profit sector has been designed by regulation such that it exists to vacuum up subsidies rather than provide valuable education; and the government sector hasn’t kept up with demand.
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