Submitted by Lynn Russo Whylly on Tue, 05/07/2013 - 3:25pm
There is a lot of talk right now about the future of higher education, and particularly about how student financing should be redesigned within that new future. The main driver of this interest is the nation's dramatically increasing need for talent. Two-thirds of all new jobs require a postsecondary degree or other credential, but only about 40 percent of Americans have it. As a result, the talent gap is wide.
Submitted by Lynn Russo Whylly on Tue, 05/07/2013 - 3:04pm
In the last four years, higher education in Louisiana has felt the brunt of more than $650 million in cuts. Depending on what happens in the state legislature, tuition could rise for thousands of students at universities across the state. Recently, the state's House Education Committee held a hearing on a proposed bill which would allow universities to raise tuition without legislative approval.
Submitted by Lynn Russo Whylly on Tue, 05/07/2013 - 2:36pm
Starting from day one, for every three classes a new student successfully completes, Strayer University (Va.) will place one Tuition Award in their Graduation Fund to cover the cost of one future class. In addition, as part of an overall effort to address affordability, Strayer University is also announcing that tuition will be frozen for currently enrolled students, and there will be no tuition increase for 2014.
Submitted by Lynn Russo Whylly on Tue, 05/07/2013 - 2:22pm
Wayland Baptist University in Plainview, Texas, has fired chief financial officer James E. Smith amid accusations he used the school's money to pay off debts he and his wife incurred. An affidavit submitted with a lawsuit filed this week by the university says Smith admitted embezzling about $40,000 over a four-year period.
Submitted by Lynn Russo Whylly on Tue, 05/07/2013 - 2:14pm
Newman University (Kan.) will have a new vice president for finance and administration later this year. Jennifer Gantz has been named to that position, effective June 1, replacing Mark Dresselhaus, who is retiring at the end of May. Gantz has been chief financial officer at The Independent School (Kan.) since 2007.
Submitted by Lynn Russo Whylly on Tue, 05/07/2013 - 8:35am
Former hedge fund manager Joseph Dowling will join the likes of David Swensen, Jane Mendillo, and Narv Narvekar as the Ivy League's newest chief investment officer. Brown University has appointed Dowling to lead its $2.8 billion endowment, making him the second CIO in the school's history.
Submitted by Lynn Russo Whylly on Mon, 05/06/2013 - 3:22pm
A proposal to require Connecticut colleges and universities to supply students with uniform financial aid information has passed in the state House of Representatives. The bill, which passed 141-to-0, obliges institutions of higher education to provide a financial aid shopping sheet to each admitted student before the enrollment deadline.
Submitted by Lynn Russo Whylly on Fri, 05/03/2013 - 2:25pm
With close to 5,000 potential Michigan State University gift allocations, many donors were already completing a transaction and then going right back in and shopping again. So imagine what MSU could gain by offering donors a single shopping cart through which they could make multiple donations.
Submitted by Lynn Russo Whylly on Wed, 04/10/2013 - 4:08pm
Janene Culumber, Senior Vice President of Finance and Chief Financial Officer of H. Lee Moffitt Cancer Center & Research, has recently been appointed to the University of South Florida Federal Credit Union (USF FCU) Supervisory Committee. She is the fifth member of the committee and was selected due to her extensive financial background, as well as her diverse insight.