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George Mehaffy

Kaplan CEO's book takes on higher ed's incentive system | Inside Higher Ed - 0 views

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    "Ready for Change.edu? January 11, 2012 - 3:00am By Paul Fain Andrew S. Rosen takes the long view when talking about higher education. As CEO of Kaplan, Inc., he often defends the role of for-profit colleges in an evolving marketplace, peppering versions of his stump speech with tales about the creation of public universities and community colleges. His point is that some skepticism about for-profits is similar to the snobbery those older sectors faced from elite private higher education. Rosen goes further in his debut book, Change.edu: Rebooting for the New Talent Economy, which attempts to paint a picture of higher education's future as well as its history. He also takes a turn as a journalist of sorts - an interesting twist for the former general counsel of the Washington Post Co. - writing about his campus visits to other institutions, a couple of which are Kaplan competitors. The book is ambitious in its scope, particularly for an author with obvious vested interests. But most reviewers have given Rosen high marks. Kirkus Reviews writes: "Incredibly, his argument never comes off as self-serving; the author's thorough exploration of 'Harvard Envy' and the rise of 'resort' campuses is both fascinating and enlightening." Rosen recently answered questions over e-mail about his book, which was released by Kaplan Publishing. Q: The book arrives amid a series of challenges for your industry. What did you hope to accomplish by writing it? A: I've spent most of my life studying or working in education, with students of all ages and preparation levels: top students from America's most elite institutions and working adults and low-income students who have few quality choices to change their lives. I've come to see how the American higher education system (as with K-12) is profoundly tilted in favor of those who already have advantages. Our society keeps investing more and more in the relatively small and unchanging number of students who have the privil
George Mehaffy

A Perfect Storm in Undergraduate Education, Part 2 - Advice - The Chronicle of Higher E... - 0 views

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    "April 3, 2011 A Perfect Storm in Undergraduate Education, Part 2 By Thomas H. Benton What is keeping undergraduates from learning? Last month, I speculated from my perspective as a college teacher about a set of interlocking factors that have contributed to the problem. In that column (The Chronicle, February 25), I referred to the alarming data presented by Richard Arum and Josipa Roksa in Academically Adrift: Limited Learning on College Campuses (University of Chicago Press, 2011) in the context of President Obama's call for more students to attend college in order to prepare for the economy of the future. Why, I asked, should we send more students to college-at an ever greater cost-when more than a third of them, according to Arum and Roksa, demonstrate "no improvement in critical thinking, complex reasoning, and writing skills" after four years of education? This month I want to speculate on why students (and, to a lesser extent, their parents) are not making choices that support educational success. What could they possibly be thinking? The student as consumer. Surely adolescent expectations of Animal House debaucheries have been with us since the decline of college as preparation for the ministry. But, in the past few generations, the imagery and rhetoric of academic marketing have cultivated a belief that college will be, if not decadent, at least primarily recreational: social activities, sporting events, and travel. Along the way, there may be some elective cultural enrichment and surely some preprofessional training and internships, the result of which will be access to middle-class careers. College brochures and Web sites may mention academic rankings, but students probably won't read anything about expectations of rigor and hard work: On the contrary, "world-renowned professors" will provide you with a "world-class education." Increasingly, students are buying an "experience" instead of earning an education, and, in the competition to attract cu
George Mehaffy

Community-College Study Asks: What Helps Students Graduate? - Students - The Chronicle ... - 1 views

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    "February 2, 2012 Multiyear Study of Community-College Practices Asks: What Helps Students Graduate? By Jennifer Gonzalez Community colleges are brimming with programs and policies designed to help students complete their studies. Practices like requiring orientation and establishing early-academic-warning systems have sprouted since 2009, when President Obama announced that he wanted to make the United States the best-educated country in the world by 2020. Now the questions for the nation's community colleges are: Which of the practices work and why? And perhaps most important, how do colleges expand them to cover all students? A new, multiyear project led by the Center for Community College Student Engagement will attempt to get some answers. The research organization plans to analyze data from four different but related surveys and produce reports annually for the next three years. The surveys represent responses from the perspective of entering and experienced students, faculty members, and institutions. Kay M. McClenney, the center's director and a senior lecturer in the Community College Leadership Program at the University of Texas at Austin, says the project will allow community colleges to make more-informed decisions about how they spend money and about the type of policies and programs they want to emphasize. The first of three reports, "A Matter of Degrees: Promising Practices for Community College Student Success" was released last week. It draws attention to 13 strategies for increasing retention and graduation rates, including fast-tracking remedial education, providing students with experiential learning, and requiring students to attend orientation. The strategies specified in the report are not new. In fact, many of them can be found at two-year colleges right now. But how well those strategies are working to help students stay in college and graduate is another matter. The report found peculiarities among responses on similar topics, sugges
George Mehaffy

Online course start-ups offer virtually free college - The Washington Post - 0 views

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    "Online course start-ups offer virtually free college By Jon Marcus, Published: January 21 An emerging group of entrepreneurs with influential backing is seeking to lower the cost of higher education from as much as tens of thousands of dollars a year to nearly nothing. These new arrivals are harnessing the Internet to offer online courses, which isn't new. But their classes are free, or almost free. Most traditional universities have refused to award academic credit for such online studies. Now the start-ups are discovering a way around that monopoly, by inventing credentials that "graduates" can take directly to employers instead of university degrees. "If I were the universities, I might be a little nervous," said Alana Harrington, director of Saylor. org, a nonprofit organization based in the District. Established by entrepreneur Michael Saylor, it offers 200 free online college courses in 12 majors. Another nonprofit initiative is Peer-to-Peer University, based in California. Known as P2PU, it offers free online courses and is supported by the Hewlett Foundation and Mozilla, the company behind the Firefox Web browser. A third is University of the People, also based in California, which offers more than 40 online courses. It charges students a one-time $10 to $50 application fee. Among its backers is the Clinton Global Initiative. The content these providers supply comes from top universities, including the Massachusetts Institute of Technology, the University of California at Berkeley, Tufts University and the University of Michigan. Those are among about 250 institutions worldwide that have put a collective 15,000 courses online in what has become known as the open-courseware movement. The universities aim to widen access to course content for prospective students and others. At MIT, a pioneer of open courseware, half of incoming freshmen report that they've looked at MIT online courses and a third say it influenced their decision to go the
George Mehaffy

A College Education for All, Free and Online - Commentary - The Chronicle of Higher Edu... - 1 views

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    "July 10, 2011 A College Education for All, Free and Online By Kevin Carey All around the world, people have been waiting for someone like Shai Reshef to come along. Reshef is the founder and president of the University of the People, a tuition-free online institution that enrolled its first class of students in 2009. UoPeople strives to serve the vast numbers of students who have no access to traditional higher education. Some can't afford it, or they live in countries where there are simply no good colleges to attend. Others live in rural areas, or identify with a culture, an ethnicity, or a gender that is excluded from public services. UoPeople students pay an application fee of between $10 and $50 and must have a high-school diploma and be proficient in English. There are also small fees for grading final exams. Otherwise, it's free. The university takes advantage of the growing body of free, open-access resources available online. Reshef made his fortune building for-profit higher-education businesses during the rise of the Internet, and he noticed a new culture of collaboration developing among young people who grew up in a wired world. So UoPeople relies heavily on peer-to-peer learning that takes place within a highly structured curriculum developed in part by volunteers. The university plans to award associate and bachelor's degrees, and it is now seeking American accreditation. Rather than deploy the most sophisticated and expensive technology, UoPeople keeps it simple-everything happens asynchronously, in text only. As long as students can connect their laptops or mobile devices to a telecommunications network, somewhere, they can study and learn. For most of humanity, this is the only viable way to get access to higher education. When the university polled students about why they had enrolled, the top answer was, "What other choice do I have?" Some observers have wondered how effective such an unorthodox learning model can be. But UoPeople's tw
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    I wonder how the University of the People will evolve compared to the fledgling Open Educational Resources University that is being founded by a few key institutions around the world. OERU has its business model roots in Web 2.0 as the foundation for collaboration. A group within OERU is also participating in Ray Schroeder's EduMOOC. For more info on OERU see http://wikieducator.org/images/c/c2/Report_OERU-Final-version.pdf
George Mehaffy

Pell Grant Recipients Are Underrepresented at America's Wealthiest Colleges - Admission... - 0 views

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    "March 27, 2011 Elite Colleges Fail to Gain More Students on Pell Grants By Beckie Supiano and Andrea Fuller During the past decade, the country's wealthiest and most elite colleges have faced heightened pressure to serve more low-income students. Many of the colleges responded by pouring millions of dollars into generous financial-aid policies and increasing their recruitment efforts. But those measures seem to have barely moved the needle. The share of undergraduates receiving federal Pell Grants, which go to financially needy students, at many of the nation's wealthiest institutions has remained relatively flat in the past five years, according to a Chronicle analysis of data from the Education Department. Just under 15 percent of the undergradu­ates at the country's 50 wealthiest colleges received Pell Grants in 2008-9, the most recent year for which national data are available. That percentage hasn't changed much from 2004-5, around the time that elite institutions focused their attention on the issue. And Pell Grant students are still signifi­cantly less represented at the wealthiest colleges than they are at public and nonprofit four-year colleges nation­wide, where grant recipients accounted for roughly 26 percent of students in 2008-9. Individual colleges among the wealthiest have made gains in enrolling Pell Grant students, who generally come from families with annual incomes of less than $40,000. But others have lost ground. It may be that these elite colleges are simply competing with one another for a small group of low-income students rather than increasing the number willing to consider selective colleges, says Christopher N. Avery, a professor at Harvard University's John F. Kennedy School of Government, who is studying the college-selection process of students in Virginia. "The colleges are fishing in the same pool," he says. "The goal has to be expanding the pool of students who are applying, but that's very hard to do." Elite colleges ha
George Mehaffy

Elite Institutions and Low-Income Students: A Story of Dismal Failure - Brainstorm - Th... - 1 views

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    "August 17, 2010, 06:00 PM ET Elite Institutions and Low-Income Students: A Story of Dismal Failure By Diane Auer Jones The hypocrisy in higher education is sometimes just astounding. I read Richard Kahlenberg's blog yesterday about the admirable efforts on the part of Washington University in St. Louis and the University of North Carolina at Chapel Hill to increase graduation rates among low income students who attend these institutions. In fact, Mr. Kahlenberg goes as far as to suggest that other universities should learn some valuable lessons from these institutions. Give me a break. Of course I applaud efforts to help those less fortunate succeed, but the idea that we should celebrate two highly selective, well-funded, elite universities that require even MORE funding to develop special programs to serve such a small, hand-picked population of students who, in the end, enjoy only slightly improved outcomes (at best), seems a bit outrageous to me. Instead, I would suggest that the stories of Wash U and UNC provide additional evidence to support what some of us have known for quite some time (and that academic researchers have concluded over and over again), which is that educating low income students requires a lot more than talented faculty and a rigorous curriculum - it requires a great deal of additional money at a time when there is precious little of that to go around."
George Mehaffy

Montgomery College follows remedial math revolution | Inside Higher Ed - 0 views

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    "Letting Go of Lecture December 23, 2011 - 3:00am By Paul Fain ROCKVILLE, Md. -- The remedial math class at Montgomery College thrums with the sounds of clicking keyboards and low murmurs. Students pack the room and stare intently at computer terminals. Missing, however, is the voice of a professor lecturing to the class. This modular classroom is a computer lab, not a lecture hall. There is no podium or other central spot for a professor. Several instructors are here, however, hovering around the room and helping students one at a time. Their role looks more like that of tutors than professors. Welcome to the "emporium" approach to remedial mathematics, a major change in teaching style. Remedial math is perhaps the biggest stumbling block in higher education. Roughly 60 percent of incoming community college students are unprepared for college-level work, typically in math and English, and place into developmental courses (the preferred term among academics). Success rates are the worst for math, and only a small portion of remedial math students ever complete a single college-level math course. Many get frustrated at their lack of progress and drop out, a major impediment in the push to get more Americans into and out of higher education with a credential. "The issue of remedial math is the key for the completion agenda," says Louis Soares, director of the postsecondary education program at the Center for American Progress. The problem was severe even at Montgomery College, which is widely considered to be a top two-year institution. Prior to the college's developmental math redesign, which went into effect this year, about half of the students who needed remedial math placed into the lowest levels of the developmental program. Of that group, just 15 percent successfully completed a college-level math course within 3.5 years of entry, according to college officials. Those numbers are hardly unusual in higher education, experts say. They may even be
George Mehaffy

"Explaining Gaps in Readiness for College-Level Math: The Role of High School Courses - 0 views

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    "Explaining Gaps in Readiness for College-Level Math: The Role of High School Courses Issue/Topic: Curriculum--Mathematics; High School--College Readiness; Postsecondary Participation--Access Author(s): Long, Mark; Iatarola, Patrice; Conger, Dylan Organization(s): Evans School, University of Washington; Department of Educational Leadership and Policy, Florida State University; Trachtenberg School of Public Policy and Public Administration, George Washington University Publication: Education Finance and Policy Season: Winter 2009 Background: Despite substantial increases in high school graduation requirements, almost one-third of US college freshmen are unprepared for college-level math. Students who are low income, Hispanic and black are least likely to be prepared for college-level coursework, and females are slightly less likely to be ready than males. Little of the prior research in this area has focused on the contribution of high school courses to demographic and socioeconomic gaps in secondary and postsecondary success. Purpose: To estimate how much of the racial, socioeconomical and gender gaps in high school and postsecondary outcomes are determined by the courses that students take while in high school. Findings/Results: Less than half of the black and poor students and just over half of the Hispanic students in the sample were prepared for college-level math - far below the readiness rates for whites, Asian and nonpoor students. 1. The courses students take in high school contribute significantly to their college readiness, with the largest gains occurring at Algebra 2 (the minimum level of math required to graduate even with a college preparatory diploma in Florida is Algebra 1). 2. The slight male advantage in college math readiness is not explained by course-taking differentials because female students already take more advanced math courses than males. This finding is consistent with other work on gender disparities. 3. The results suggest
George Mehaffy

Rice University announces open-source textbooks | Inside Higher Ed - 1 views

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    "Why Pay for Intro Textbooks? February 7, 2012 - 3:00am By Mitch Smith If ramen noodle sales spike at the start of every semester, here's one possible reason: textbooks can cost as much as a class itself; materials for an introductory physics course can easily top $300. Cost-conscious students can of course save money with used or online books and recoup some of their cash come buyback time. Still, it's a steep price for most 18-year-olds. But soon, introductory physics texts will have a new competitor, developed at Rice University. A free online physics book, peer-reviewed and designed to compete with major publishers' offerings, will debut next month through the non-profit publisher OpenStax College. Using Rice's Connexions platform, OpenStax will offer free course materials for five common introductory classes. The textbooks are open to classes anywhere and organizers believe the programs could save students $90 million in the next five years if the books capture 10 percent of the national market. OpenStax is funded by grants from the William and Flora Hewlett Foundation, the Bill & Melinda Gates Foundation, the 20 Million Minds Foundation and the Maxfield Foundation. Traditional publishers are quick to note that the new offerings will face competition. J. Bruce Hildebrand, executive director for higher education of the Association of American Publishers, said any textbook's use is ultimately determined by its academic value. "Free would appear to be difficult to compete with," Hildebrand said. "The issue always, however, is the quality of the materials and whether they enable students to learn, pass their course and get their degree. Nothing else really counts." In the past, open-source materials have failed to gain traction among some professors; their accuracy could be difficult to confirm because they hadn't been peer-reviewed, and supplementary materials were often nonexistent or lacking because they weren't organized for large-scale
Sandra Jordan

Why the Status Quo in Higher Ed no longer matches Student Expectations, from Change Mag... - 3 views

Listening to Students: Higher Education and the American Dream: Why the "Status Quo" Won't Get Us There by Sara E. Keene The community college represents the only form of universal access to ed...

change

started by Sandra Jordan on 01 Jun 10 no follow-up yet
Sandra Jordan

Article from Change on Financial Strategies for Higher Ed - 1 views

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    Breaking Bad Habits: Navigating the Financial Crisis by Dennis Jones and Jane Wellman The "Great Recession" of 2009 has brought an unprecedented level of financial chaos to public higher education in America. Programs are being reduced, furloughs and layoffs are widespread, class sizes are increasing, sections are being cut, and students can't get into classes needed for graduation. Enrollment losses upwards of several hundred thousand are being reported-and only time will tell whether the situation is even worse. Reports of budget cuts in public institutions in the neighborhood of 15 to 20 percent (Pennsylvania, Virginia, New York, Florida, and California) are becoming common. Halfway through the 2009-2010 fiscal year, 48 states were projecting deficits for 2011 and 2012 (NASBO, 2009). Although states are reluctant to raise taxes, they evidently have less of a problem letting tuitions go up. And up they are going-California, Oregon, Washington, New York, Wisconsin, and Florida announced increases ranging from 10 to 33 percent. The normally tuition-resistant Florida legislature has authorized annual increases in undergraduate tuitions of 15 percent per year until they reach national averages for public four-year institutions. Around the country, the increases are setting off student protests reminiscent of the 1960's, variously directed at campuses, system boards, legislatures, and governors-complete with reports of violence and arrests. The New Normal Higher education has been through tough times before. The pattern of the last two decades has been a zigzag of reductions in state funds for higher education during times of recession, followed by a return to revenue growth about two years after the state coffers refill. But resources have not returned to pre-recession levels. So the overall pattern has been a modest but continuous decline in state revenues. Caption: Percent Change in Appropriations for Higher Education, 1960-2006
George Mehaffy

States Push Even Further to Cut Spending on Colleges - Government - The Chronicle of Hi... - 0 views

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    "January 22, 2012 States Push Even Further to Cut Spending on Colleges By Eric Kelderman For nearly four years, governors and state legislators have focused on little else in higher education but cutting budgets to deal with historic gaps in revenue. Now, with higher-education support at a 25-year low, lawmakers are considering some policy changes that have been off-limits in the past, such as consolidating campuses and eliminating governing boards. Such proposals reflect the reality that, in most states, money for higher education will be constrained for the foreseeable future. Systems in Georgia and New York have already taken the unusual step of combining campuses under a single president. Other states, such as Ohio, are talking about giving institutions more freedom from state regulations, although for college administrators there's a trade-off: They would get more flexibility but even less state money. On the agenda in many statehouses this year will be bills that would tie higher-education appropriations to the completion rates of students at public colleges. Such performance-based models, which have had a mixed record in recent decades, are again popular with lawmakers trying to squeeze the most out of every tax dollar and to reward colleges that are more efficient at producing graduates. Related Content State Support For Higher Education Falls 7.6% in 2012 Fiscal Year Calif. Governor Goes After For-Profits With Limits on Cal Grants Legislators aren't demanding that colleges be more cost-efficient just to reduce spending on higher education, says Travis J. Reindl, a higher-education researcher for the bipartisan National Governors Association. They also want to keep colleges affordable for students. "We'll still be talking about money, money, money," Mr. Reindl says of the legislative sessions ahead. "Governors are increasingly interested in how the money is being spent by higher education ... and how much of that money is going to come out of
George Mehaffy

News: Flogging For-Profit Colleges - Inside Higher Ed - 0 views

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    "Flogging For-Profit Colleges November 24, 2010 WASHINGTON -- The release of yet another report highly critical of for-profit higher education by yet another advocacy group in the nation's capital barely qualifies as news these days -- except that the report and the reaction to it so clearly underscore how critics and defenders of the colleges are talking past one another. The study, released Tuesday by Education Trust, largely repackages previously published data on higher education companies -- their booming enrollments (particularly of minority and low-income students), escalating dependence on federal financial aid, relatively low graduation rates (compared to most public and independent four-year colleges), and high student debt and default levels -- to suggest that the colleges are a breeding ground for another crisis of the magnitude of the subprime mortgage loan meltdown. (The report's none-too-subtle title: "Subprime Opportunity: High Dividends, Low Baccalaureates at For-Profit Colleges.") "If the for-profit sector as a whole did its part to ensure that the students they enroll got the kind of high-quality education they thought they were paying for, these institutions would be making an important contribution to our economy, indeed to our democracy," said Kati Haycock, the group's president. "Instead, too many are taking advantage of the system by operating a business model based on systemic failure and foreclosing on the futures of vulnerable students before they have a chance to begin. That's unethical, but it's also un-American.""
George Mehaffy

Financial Outlook Is Brighter for Some Colleges, but Still Negative for Most - Administ... - 0 views

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    "January 16, 2011 Financial Outlook Is Brighter for Some Colleges, but Still Negative for Most By Scott Carlson Moody's Investors Service says the outlook for a relatively small number of well-managed, diversified colleges looks stable in 2011, an upgrade from the negative forecasts that the credit-rating agency has given higher education over the past couple of years. In its latest outlook report, however, Moody's maintains a negative outlook for the majority of higher-education institutions, which it says are too dependent on tuition, auxiliary income, and state support. The Moody's report, "2011 Outlook for U.S. Higher Education," which will be available from the company to its subscribers this week, highlights a widening gap between have and have-not colleges. "This outlook speaks to the fact that the strong continue to get stronger," said Kimberly Tuby, a vice president and senior analyst at Moody's who is the author of the report. Institutions that already have large, well-established research programs and strong philanthropic support are pulling through the economic downturn relatively well, she said. The strongest institutions are in top demand and have fingers in a number of business lines. Meanwhile, the weakest institutions-which draw students from a regional base and lack diversity in business lines-could still be endangered. Those institutions are generally small or mid-sized and do not have a robust fund-raising capacity. "We could see some of those merging or being absorbed by larger institutions, or even going out of business," Ms. Tuby said. The report points to three "critical credit factors" that drive the 2011 outlook for colleges: * "Weakened prospects for net tuition growth" because of a market preference for low-cost or high-reputation competitors. * "Differing degrees of pressure on nontuition revenues," such as philanthropy or research money. * A "need for stronger management of operating costs, balance-sheet risks, a
George Mehaffy

Views: Fixing the Broken Financing Model - Inside Higher Ed - 2 views

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    "Fixing the Broken Financing Model October 4, 2010 By Darryl G. Greer and Michael W. Klein In the title of a recent paper, David Breneman, a regarded higher education economist, asks: "Is the Business Model of Higher Education Broken?" While he objectively weighs the pros and cons of his question, we answer emphatically, yes! Put simply, the way in which America finances public colleges and universities, which serve over 70 percent of college students nationally, is severely and irreparably broken and needs to be changed. Without a new model, public higher education will fail its principal purpose of providing broad college opportunity, especially to low- and middle-income students and an emerging population of new Americans. Moreover, without a new funding rationale that has transparency and predictability for all funding partners, these colleges will lose the public trust - a critical element in sustaining the American democratic experience through education. Public colleges can achieve the dual goals of public and private benefits only by demonstrating equity and fairness regarding who goes to college; legitimacy for who pays and how; and responsibility for how colleges account for educational outcomes and sustaining the public trust. The solution as we see it should include a new public service corporation model that creates private partnerships; produces new revenue to replace lost public financing; protects and enhances the core educational enterprise; and, thereby, generates greater transparency, accountability and public trust that will support a sustained investment in public colleges. The Problem There is widespread evidence, in addition to opinion, that the longstanding model for financing public colleges that has seemed to work so well in many states for decades, now seems, even with an expected economic recovery, to need radical change. (See the soon-to-be-published "A New Model of Financing Public Colleges and Universities," in On the H
George Mehaffy

Higher Education in America: a Crisis of Confidence - Surveys of the Public and Preside... - 1 views

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    May 15, 2011 Crisis of Confidence Threatens Colleges By Karin Fischer The American higher-education system has long been seen as a leader in the world, but confidence in its future and its enduring value may be beginning to crack along economic lines, according to two major surveys of the American public and college presidents conducted this spring. Public anxiety over college costs is at an all-time high. And low-income college graduates or those burdened by student-loan debt are questioning the value of their degrees, or saying the cost of college has delayed other life decisions. Among college presidents, the rising price of college is not the only worry. They're concerned about growing international competition and declining student quality, with presidents from the least selective, and thus sometimes the least financially stable institutions, the most pessimistic. But perhaps the most troublesome finding from the surveys is this: More than a third of presidents think the industry they lead is heading in the wrong direction. Related Content It's More Than Just the Degree, Graduates Say Presidents Don't Agree on What Signifies Quality Most Presidents Prefer No Tenure for Majority of Faculty Commentary: College Presidents Are Too Complacent Data and Complete Results of the Surveys Without a change in course, presidents fear, American higher education's standing around the globe could erode. Although seven in 10 college chief executives rated the American system today as the best or one of the best in the world, barely half predicted that a decade from now the United States would be among the top globally. "We should be worried," said Nancy L. Zimpher, chancellor of the State University of New York system. "We are in a flat world. We are going to have to evolve." American higher education has never been a monolith, of course, but the findings of the survey of more than 1,000 presidents, conducted March 10 to April 25 by the Pew Research
George Mehaffy

Taking An Incomplete | The New Republic - 0 views

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    "But Obama's health care and student loan victories overshadowed the collapse of another key domestic priority: helping more students graduate from college. Because of a last-minute-and maddeningly illogical-political development, the Obama administration allowed negotiators of the reconciliation bill to strip out a smart, progressive package of reforms that could have helped millions of low- and moderate-income students earn college degrees."
George Mehaffy

For-profit colleges face tough new rules - The Boston Globe - 0 views

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    "The Obama administration is preparing to produce tougher regulations that could reduce the amount of federal financial aid flowing to for-profit colleges, cutting the companies' annual revenue growth by as much as a third. In response, the $29 billion industry and its supporters have enlisted top Washington lobbyists and are courting black and Hispanic legislators to fight the proposed rules, which could be released as early as this month. The companies draw students from low-income and minority communities. Federal aid to for-profit colleges has become an issue because it jumped from $4.6 billion in 2000 to $26.5 billion in 2009, according to the Education Department, prompting concern that these students are taking on too much debt. The tougher rules would require ITT Educational Services, Career Education, and Apollo Group's University of Phoenix to show that their graduates earn enough money to pay off their student loans. If for-profit colleges can't meet the standard, they could lose federal financial aid, which typically makes up three-quarters of their revenue."
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