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Another Highlight


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Congress to Slash Earmarks, Again

Chronicle of Higher Education News Blog
January 6, 2009

There will be 50 percent fewer earmarks in the spending bills for the 2010 fiscal year than there were in the fiscal-2006 bills, the chairmen of the House and Senate Appropriations Committees announced today.  Under the new rules, members of Congress will be required to post information on their Web sites describing each earmark they are requesting and why it is a valuable use of taxpayer funds.

Colleges Plan for Obama Inaugural

Inside Higher Ed
January 6, 2009

On campus, many institutions are hosting large viewing parties on Inauguration Day.  For other institutions, however, a simple viewing party will not suffice. A number of institutions, responding to great demand from their students, are sponsoring trips to Washington for those who wish to see the inauguration firsthand.

Moody's Sees Stiff Challenges for Colleges—Especially Private Ones—in Next Year

Chronicle of Higher Education
January 6, 2009

A new annual-outlook report from Moody's Investors Service says that higher-education institutions are facing a range of challenges in the next year and a half. Although all colleges will face hardship, private colleges will be especially stressed compared with public colleges and community colleges.

Senator Claiborne Pell’s Vision

New York Times - Editorial
January 6, 2009

The program is far from perfect. The aid hasn't kept up with the cost of a college education. The money doesn't help nearly as much now as it did back then.  Yet even Mr. Pell probably never realized, in the beginning, all the good the program would do.

Tuition Ammunition: a Happy Lesson on Lending

Wall Street Journal
January 6, 2009

Despite a massive federal effort to aid banks and boost the economy, lending has plunged in the last year.  Home-mortgage volume and bank loans to big companies are down dramatically.  But the government's response is expanding credit in at least one sector:  higher education.  Although the recession is weighing on colleges in many ways, the ability of students to get federal loans to pay tuition isn't one of them.

Don't Cancel College

MSN Encarta - Column
January 5, 2009

The rampaging bear market is doing a real number on many families' college financing plans. But there are ways to tame the beast.  College admissions experts stress that it's worth being persistent rather than pessimistic. This is one investment that's still safe, they say, promising better returns for a teenager than his mom's last 401(k) statement.

Clinton, Kennedy honor Claiborne Pell

Boston Globe "Political Intelligence" Blog
January 5, 2009

Former President Bill Clinton, Vice President-elect Joe Biden, and Senator Edward M. Kennedy were among those paying tribute today at the funeral of former Senator Claiborne Pell of Rhode Island.  Pell, who died Jan. 1 at age 90, was a former chairman of the Senate Foreign Relations Committee and also championed student aid, with grants bearing his name.  (Kennedy's remarks, as delivered in Newport, R.I., are included in post.)

At Meeting of Small Private Colleges, Presidents Don't Worry Too Much About Economy

Chronicle of Higher Education News Blog
January 5, 2009

The No. 1 topic of discussion at the annual gathering here of presidents on the Council of Independent Colleges is, of course, the economy.  At a session led by Kent John Chabotar, president of Guilford College, in North Carolina, dozens of presidents shared stories about how the recession had had an effect on their campuses.

Obama Faces Wide Pool of Possible Picks for Postsecondary Posts

Chronicle of Higher Education
January 5, 2009

The speculation is exceptionally tentative at this point, and several people said they had not heard even a peep from the Obama transition team. And if Mr. Obama follows recent precedent, it could be weeks before he announces his picks. Still, several sources in the world of higher-education lobbying and consulting were willing to hazard guesses at nominees, or at least offer their wish lists.

Colleges Offer Extra Aid to Strapped Students

Chronicle of Higher Education
January 5, 2009

Colleges are creating more student-aid programs or expanding existing ones. Others are offering students additional counseling or a grace period for paying their tuition bills. And even some that haven't seen an increase in student need are preparing for one next year.
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