New York City's comptroller, John C. Liu, and the city's pension funds this week announced that they have filed shareholder proposals calling on DeVry University and Career Education Corp. to disclose data on student borrowing that is roughly the equivalent of what would have been required under the now-stalled federal "gainful employment" regulations.
Why is private college tuition so astronomically expensive these days? Ask an administrator, and they'll likely tell you that it's because they're taking money from the rich and giving it to the poor.
John C. Liu, comptroller of the City of New York, on Thursday called on two of the largest for-profit colleges to disclose data on their students’ loan-repayment rates and debt-to-income ratios, saying that he had submitted a shareholder proposal asking their parent companies to do so.
The Office of Admissions at New York University fielded a flurry of calls from rejected applicants who just couldn’t understand why they didn’t get into the prestigious private university. Some played the race card. Others just called and cried.
Condoms are handed out like lollipops at many public and private universities across the country. But at Boston College, distributing rubbers on campus is now grounds for expulsion.
A group of 19 private colleges in Georgia have struck a deep transfer agreement with the state’s technical college system, guaranteeing admission to any student with a grade-point average of at least 2.5 and an associate of science or applied science from one of the state’s 25 technical colleges.
Some of Michigan’s private colleges are pushing for more racial and ethnic diversity, but are not necessarily actively seeking more religious diversity.
Students at some private colleges and trade schools could receive more state grant money under one of several financial aid measures that passed a legislative committee Tuesday.
Bryant University is set to strengthen ties with China by signing new partnership agreements with two universities when a delegation led by a senior Chinese education official visits the private school in Smithfield over the weekend.
One of the nation's premier private universities has agreed to recognize a pro-life student organization – but only after the palable threat of legal action. Johns Hopkins University had denied the petition of Voice for Life on March 12 and 26, but the university's Student Government Association (SGA) Judiciary Committee granted approval last night.
After providing a free undergraduate education for around 100 years, The Cooper Union for the Advancement of Science and Art will begin charging students to attend in the fall of 2014. Students will still receive a big break, amounting to a 50% discount on the cost of tuition, but the days of full scholarship are over.
The higher-education company DeVry Inc. is facing inquiries from the offices of the attorneys general of Illinois and Massachusetts, according to a corporate filing with the U.S. Securities and Exchange Commission.
For the last three years, the senator has been in the spotlight for investigating for-profit colleges. In what Republicans denounced as a partisan witch hunt, he found that for-profit universities and colleges were receiving a growing share of federal student aid but spending much of the money on marketing and aggressive (sometimes fraudulent) recruiting, while students were taking on excessive debt, quickly dropping out and, all too often, landing in default.
SEIU joined with a large coalition of progressive groups calling on President Obama to reinforce the "gainful employment" requirement for career educational programs, specifically for-profit colleges and universities. SEIU was joined by the Iraq and Afghanistan Veterans of America, the United States Student Association, the NAACP, and dozens of other organizations in sending a letter to the President on Monday.
When it comes to paying for their children's education, parents have many options. While they probably know they can take advantage of loans, adults may not have heard of other lesser-known options, such as the Private College 529 Plan.
After winning over administrators at a few private colleges with small endowments and receiving some national press, the movement to get colleges and universities to divest their endowments from fossil fuel companies is starting to ramp up pressure on wealthy universities. Groups recently generated headlines at institutions such as Cornell University and Brown University, which had endowments of $4.9 billion and $2.4 billion, respectively, as of June 2012.
Downers Grove-based DeVry Inc., operator of private colleges and training schools, said in an SEC filing that its practices are being investigated by the attorneys general in Illinois and Massachusetts.