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Articles: Financial Services

Marijuana remains the most popular drug among college students, according to the U.S. Drug Enforcement Administration. (gettyimages.com: Sara ruiz)

Higher ed institutions face challenges in nine states that allow marijuana's recreational use, in 30 states that permit its medical use, or in other states where the drug remains illegal.

In its report “Navigating The New Normal: Financial Imperatives For MSI Effectiveness and Avoiding Financial Exigency,” the Southern Education Foundation suggests that trustees could better understand their institutions’ financial health with answers to these questions.

1. What is the discount rate for entering freshmen versus for continuing students?

2. What is the blended discount rate?

Following are three key questions campus leaders must consider when offering financial training to the board of trustees.

Up to 500 faculty at 25 higher ed institutions will become better equipped to help students prepare for career and workplace success.

READY FOR THE REAL WORLD—Students participate in a financial literacy course at Indiana University. The institution’s MoneySmarts U. program offers electives specifically for graduating seniors.

Some colleges and universities tailor their financial literacy courses to students in the immediate transition from campus to the bigger world.

Lori Garrett is a senior principal and vice president at Glavé & Holmes Architecture in Richmond, Virginia. She can be contacted at LGarrett@glaveandholmes.com.

The design of admissions centers, whether in new buildings or renovated facilities, plays a critical role in any campus visit. Three best practices stand out.

Marion Technical College’s Buy-One, Get-One tuition model will fund all sophomore-year tuition costs for students working toward an associate’s degree.

As more textbooks and other learning materials become digitized, institutions regularly face challenges in smoothly integrating all the different resources into the LMS and other campus networks.

Most institutions have barely scratched the surface of the latest innovations in mobile fundraising. Here are key actions recommended by those who are making headway.

Source: “College Completion Through a Latino Lens”; Excelencia in Education, 2018

Latino students complete degrees at lower rates than other ethnic groups—and are more likely to still be enrolled after six years. Higher ed institutions are developing supports as a result.

Source: Alcohol and Other Drug Use at UMass Amherst Survey, 2012

Continued binge drinking and destructive student behavior have driven higher ed leaders to refine off-campus behavior policies.

Taking on more loan debt with age.

Americans age 50 years and older saw their federal student loan debt grow by $18 billion between the second quarter of fiscal year 2017 and the first quarter of 2018.

Providers were asked: How well are colleges using data to measure faculty performance, and what related areas need the most improvements?

“Colleges will typically show the faculty how their scores compare to others at the school, usually those in the same department. But they rarely ask the instructors how they plan to improve any low scores they've earned or coach them how to do so. Closing this feedback loop will improve the students' experience.”

—Howard Walters, SmartEvals.com

BLUE LIGHT BEACON—Kansas State University Police monitor phone call boxes located throughout the campus.  Besides seeking help in an emergency or reporting other incidents, the community is also encouraged the use the boxes for wayfinding assistance. (Cindy Hollingsworth).

Mobile apps, text alerts, personal panic buttons and other new technologies give students more ways to communicate safety concerns.

Jo Allen is president of Meredith College.

When it comes to risk management, a key fear is being blindsided by exposure we didn’t even know we had.

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