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"We believe it is time for someone to change the college pricing game." So says John McCardell, recently appointed vice chancellor and president of Sewanee: The University of the South (Tenn.) in a video presentation about the institution's historic move to lower tuition and fees by 10 percent ac
Six years ago, when Ted Beck became president and CEO of the National Endowment for Financial Education (NEFE), a nonprofit dedicated to helping Americans become more financially capable, student financial literacy had been overlooked by colleges and universities for a number of years.
Here’s the harsh reality: The number of students who have debt has increased, and the amount of money that they have borrowed has gone up. These borrowers then graduate into a world with weak employment prospects. It’s a bad situation leading to higher loan default rates.
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Behind the News
In August, Glassdoor.com, an anonymous workforce review site, created a "Best Universities to Work For" report based on user-submitted information. The University of Kansas came out on top with a score of 4.2 (very satisfied) and a president approval rating of 100 percent.