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A report by the principal group of university financial-aid administrators is calling for a change in the federal work-study program that would steer more of the money to institutions with larger shares of lower-income students and less to long-established colleges with larger proportions of higher-income ones.
Rolf Wegenke, president of the Wisconsin Association of Independent Colleges and Universities, writes: If Wisconsin is going to prosper in the knowledge economy, we have to recognize that 62% of the jobs the future will require postsecondary education and — here's the nub of the matter — not discourage students, as this "study" clearly does, from seeking educational opportunity in the very sector that has done the most for them. Ultimately, this is why the data matter.
After a nine-month nationwide search, Scripps College announced Tuesday it has named Larissa Z. Tiedens as its next president. She becomes just the ninth president in the 90-year history of the top-ranked women’s and liberal arts educational institution. Tiedens, who is currently senior associate dean of academic affairs at Stanford Graduate School of Business, replaces interim president Amy Marcus-Newhall and is expected to start Aug. 1.
Faculty members and student groups are pushing back against University of Chicago leadership and its ongoing effort to lay off administrative personnel across campus. Leaders of multiple academic divisions were directed to cut budgets by 8 percent, following a university mandate to reduce spending on administration, faculty members told the Tribune.
Gary A. Olson, president of Daemen College (NY), writes: Violating professional etiquette can result in significant unwelcome consequences. When you knowingly go around someone, you, in effect, are saying, “I’m more important than the process.” At the very least, it makes you appear selfish. Even worse, leaving someone out of the loop may cause that person to believe you are hostile, a perception certain to create lasting ill will.
Jayson Boyers, president of Cleary University (MI), writes: As long as colleges continue to look toward the same sources of funding, and conduct business as usual, any state budgetary shortfalls are going to result in a cascade of failures in their colleges and universities. Private schools will not fare much better as the price of delivering an education continues to climb in order to meet the rising cost of underutilized buildings and rapidly transforming technology. At the same time colleges and universities focus on aggressive discounting to attract a declining traditional aged population resulting in less revenue to meet obligations while deferring critical investment.
A generation ago, Congress privatized a student loan program intended to give more Americans access to higher education. In its place, lawmakers created another profit center for Wall Street and a system of college finance that has fed the nation’s cycle of inequality. Step by step, Congress has enacted one law after another to make student debt the worst kind of debt for Americans – and the best kind for banks and debt collectors. Today, just about everyone involved in the student loan industry makes money off students – the banks, private investors, even the federal government.
But as more colleges experiment, they're facing complex questions about what to do with the findings the data-crunching reveals.
The Education Department is revising the federal financial aid application to make it easier for homeless college students to access loans and grants, in response to requests from Sen. Patty Murray (D-Wash.).
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