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Baby boomer retirements impact higher education

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The most successful baseball teams maintain their talented rosters over the long term by anticipating the retirement of their veterans well before it happens.

A good team will utilize the veterans to train young players and ease them into their roles as future stars. This ensures a steady flow of talent throughout the organization.

The baby boomer …

Navigators for the college bound

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What may be largest high school senior class ever in the United States is applying to college this fall. And thousands of students will look beyond their high school guidance counselors to help them get into the schools of their choice.

Private educational consultants take up where overburdened high school guidance counselors leave off. Charging …

Non-traditional students falling through cracks in financial aid system

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A new report from the Wisconsin Council on Children and Families explores the disconnect between the state’s current financial aid tools–focused primarily on traditional students coming out of high school–and the evolving needs of working adults and employers. “Willing and Able, But Not Eligible” describes a situation in which workers need more advanced skills and …

More banks backing out of loans for community college students

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Citing uncertain financial times, an increasing number of national banks are curtailing their lending relationships with community colleges, all the while continuing to loan to students at more lucrative institutions.

Several local schools – including Harper College, McHenry County College and Waubonsee Community College – are feeling the pinch.

JP Morgan Chase spokesman Tom Kelly said the …

Career College Association calls on Gov. Schwarzenegger to veto SB 823

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CCA called on California governor Arnold Schwarzennegger to veto SB 823, legislation to regulate career colleges in the state.

CCA agreed that a regulatory oversight regime is needed to protect the interests of students and noted that it supports reasonable regulation. In the letter, CCA President Harris N. Miller noted, however, “…SB 823 would impose a regulatory regime on career colleges that is complex, costly, confusing and ultimately counterproductive. CCA member schools operate in all 50 states and Puerto Rico, and, without doubt, I can tell you that if SB 823 becomes law, California will have the most complex and convoluted regulatory scheme in the country.”

The Association placed problems with the bill into four major categories:

Nelnet, GMAC settle with Cuomo over student lending

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Nelnet Inc., GMAC Bank and EduCap Inc. were among seven student-loan companies that settled with New York Attorney General Andrew Cuomo over allegedly deceptive marketing.

The companies agreed to new standards that ban solicitations designed to look like they were from the government; prohibit advertising interest rates unavailable to most of …

Did Congress tame the ‘Wild West’?

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Opinions on the impact of New York Attorney General Andrew Cuomo’s investigation into the student loan industry (which reared its head again Tuesday — see related article) vary widely. Supporters champion it as having shined a light on sleazy practices in which some lenders and colleges engaged, and as ultimately helping …

Business college to open Ohio campus

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Indiana Business College, its name notwithstanding, plans to open a campus in Columbus, Ohio.

Expansion part of Capella’s lesson plan

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As classes resume this fall, nearly 2 million college students will be attending school without leaving home.

Weak Economy Helps, Hurts School Firms

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Education stocks are considered a safe play in a bad economy, the theory being that laid-off workers will head back to school to learn new skills and fill in the hours between job applications.

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