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"Some college administrators seem so distracted with fund raising, academic infighting, and community initiatives that they set up their emergency communications departments very poorly. Training is poor to nonexistent, secretaries are pressed into service with tremendous responsibilities for running 'notification systems' 24/7 and on weekends because no one else knows how to do it and the administration won’t pay for additional staff. Procedures are seat-of-the-pants and dependent on HIPPO (highest paid person’s opinion), except when something like Virginia Tech happens and there is some sort of scramble to do something different." --Donna
Most Colleges Avoid Risk Management, Report Says
Jill Biden Shines a Global Spotlight on American Community Colleges
Speaking at a Unesco conference in Paris, the vice president’s wife stressed the importance of two-year institutions to the nation’s educational goals.
Connecticut Public Colleges Lose 200 Professors to Early Retirement
Administrators are scrambling to plug holes in their course schedules for fall, with most expecting to do so by hiring more adjuncts or increasing class sizes.
U. of Georgia Paid 2 Fraternities $2.4-Million to Relocate, Contracts Show
The two were among five with houses on property where the university plans to build new academic facilities.
New Allegations in Admissions Controversy at U. of Illinois Suggest Ex-Provost Played a Role
Linda P.B. Katehi, the incoming chancellor of the University of California at Davis, has insisted she knew nothing of the admission of politically connected applicants at Illinois.
Sonoma State U. Foundation May Lose $350,000 on Loan to Former Board Member
The foundation will be forced to issue fewer scholarships in the 2010-11 academic year because of a diminished endowment, a university official said.
College Suspends Student for Working in Gay Pornography | 58
President Obama's Visit to Notre Dame Carries Barely a Hint of Controversy That Preceded It | 58
Drug Sting Nabs 21 Students at U. of Illinois | 57
Faculty Members and Union Protest Staff Layoffs at Temple U. as 'Cruel' | 57
North Dakota Board's Vote Puts 'Fighting Sioux' Mascot on Thinner Ice | 57
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April 16, 2008
White House Backs House Student-Loan Bill, With Reservations
Washington — The White House supports student-loan legislation that the U.S. House of Representatives will vote on tomorrow, but shares for-profit colleges’ concerns that raising federal loan limits could cause some institutions to lose their eligibility to award student aid, the Bush administration said in a statement released late today.
The statement, which is the administration’s official policy on the bill, HR 5715, says President Bush backs provisions that would allow the Education Department to purchase loans from cash-strapped lenders and to designate lenders of last resort on an institution-wide basis, rather than a student-by-student basis.
But the president asks that the education secretary’s authority to designate lenders of last resort be “temporary” and says he fears that raising loan limits, as the bill proposes, would cause some institutions to run afoul of the 90-10 rule, which requires that colleges receive at least 10 percent of their revenues from non-federal sources in order to participate in the federal student-aid program. For-profit colleges have long opposed the rule.
The bill passed the House education committee just last week. —Kelly Field
Posted on Wednesday April 16, 2008 | Permalink |Comments
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In 1974 the maximum federally guaranteed student loan was $2500. In 2008, the maximum federally guaranteed student loan for freshmen is $3500. A thousand dollar increase in 34 years does not meet the increase in college costs. Federal grant funds have not bridged the gap. Federal aid policy should be decided based on the greater good – which is the needs of the students being served. We should not require students to borrow higher cost private loans because the for-profit sector will be unable to comply with the 90/10 ruling.
— Dr. Pat Apr 17, 09:16 AM #
Dr. Pat, you make a very good point. It seems government would rather push students towards private lenders instead of raising FGSL’s limits to ease the burden on student’s who have to raise their own tuition. Wouldn’t it be great if all high school students could afford to attend a college without have to worry about a variable interest rate from private lenders?
— D Marvez Apr 17, 10:11 AM #