Week in Review

Feb/03/2015 - 10:50pm

Career College Central Summary:

Wisconsin Governor Scott Walker's state faced a big budget deficit. To solve it, he plans to decimate one of the most respected and productive university systems in the country. And he plans to spend hundreds of millions in taxpayer dollars for a professional basketball arena.

The Legislative Fiscal Bureau projected the Dairy State …

Feb/03/2015 - 10:44pm

Career College Central Summary:

Student loan debt collector and guarantor ECMC Group Tuesday completed its acquisition of much of the campus network formerly owned by for-profit operator Corinthian Colleges. The controversial deal, announced late last year, will go forward with a number of concessions and restrictions announced today by the CFPB.

Corinthian is the embattled former operator …

Feb/02/2015 - 8:32pm

Career College Central Summary:

President Obama released his fiscal year 2016 budget request to congress this week. The Education Policy Program at New America has reviewed the president’s budget and generated a list of key questions that policymakers, the media, stakeholder groups, and the public should ask about the proposals. These are divided into three categories. …

Feb/02/2015 - 8:29pm

Career College Central Summary:

Student loan debt stands at $1.2 trillion, and the effects aren’t just in American pocket books, but also weighing heavily on the minds of those in debt and chasing away prospective students.  In a study released by the Journal of Sociology and Social Welfare written by Min Zhan, the dramatic rise in …

Feb/02/2015 - 8:25pm

Career College Central Summary:

Beyond the spectacle of the Super Bowl is the little-known naming rights deal hiding in plain sight on the side of the building where the game was played. In 2006 the University of Phoenix, a for-profit college owned by the Apollo Group Inc., paid $154.5 for the naming-rights to the stadium in …

Feb/02/2015 - 8:20pm

Career College Central Summary:

In 2001, when Walden University was purchased by what would soon become the world’s largest for-profit college company, the small Minnesota college had just over 2,000 students. By 2010, it had swelled to some 50,000 students across the globe.

The company that took over Walden — and guided it through growth of 2,400% …

Feb/01/2015 - 10:30pm

Six steps to a default management plan for your campus

By Rob Davenport, senior writer at TG’s HigherEDGE®

Here’s a February Valentine most schools don’t want to receive: draft cohort default rates. If you’re not familiar with them, cohort default rates, or CDRs, tell schools how many of their …

Feb/01/2015 - 5:02pm

Career College Central Summary:

UNESCO’s section for higher education will seek approval this year for a plan to move forward on a global convention or pact that would acknowledge the dramatic changes taking place in the sector today and promote cross-border cooperation beyond the regional level, a top UNESCO official said last Thursday. 

“The world is moving …

Feb/01/2015 - 4:59pm

Career College Central Summary:

By Rep. Paul Mark

The inability to afford a college education should never stand in the way of a promising student’s success.

I remember it like it was yesterday, I had made the decision not to return to college in the fall, and I was wondering where my life would end up. I was …

Feb/01/2015 - 4:54pm

Career College Central Summary:

New York governor Andrew Cuomo, not content with President Obama’s proposal to make junior colleges free, recently introduced his own plan for New York to essentially waive the first two years of student debt payments for college graduates living in the state.

As such plans go, this is par for the course — …

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