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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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July 28, 2008
Massachusetts Student-Loan Agency Says It Can't Provide Private Loans This Fall
Massachusetts’ nonprofit student-loan agency, which stopped taking applications for federally backed education loans in April, announced today that it would also be unable to offer private loans for the fall semester because of turmoil in the financial markets. Private loans account for the bulk of the Massachusetts Educational Financing Authority’s business.
Thomas Graf, the authority’s executive director, said in a statement on the agency’s Web site that it was advising students and families to seek federally backed loans through other sources, and after maximizing those options to seek private loans through financial companies. A spokeswoman told the Associated Press that the agency hoped to be able to provide some financing later this year, perhaps in time for spring-semester tuition bills.
Similar agencies in at least eight other states are among the scores of lenders that have restricted their student-loan offerings because of the credit crisis. Congress and the Bush administration acted in May to shore up the student-loan industry, assuring lenders that they could sell new student loans to the government or receive a low-interest line of credit to issue loans. But the terms of those packages have not persuaded some lenders to resume student loans. —Charles Huckabee
Posted on Monday July 28, 2008 | Permalink |
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