State Rep. Leon Stavrinakis says quality and affordability are the two main goals for South Carolina’s higher-education institutions, and the company poised to buy the Charleston School of Law doesn’t appear to strive to meet either.
Grand Canyon University was bustling with activity on the second day of classes last week, with an on-campus student population now approaching 8,500, new dormitories and an athletic program ready to launch its first year in NCAA Division I as a member of the Western Athletic Conference.
For-profit schools — which include the University of Phoenix, DeVry University and Strayer University — began booming in the 1990s after changes in state and federal regulations made it possible for them to open campuses across the country and online.
A drop in tuition at nearby private universities has led to increasing enrollment patterns, whereas state-owned universities are hiking tuition prices while experiencing smaller enrollments.
Generous tuition discounts and aggressive recruitment campaigns are netting record freshman enrollments at some private universities in Western Pennsylvania while lower-cost, state-owned universities struggle.
U.S. private colleges and universities largely fall into two categories: those with diverse revenue streams supplemented by robust research, healthcare and fundraising, and those highly dependent on student-generated revenues, according to a new Fitch Ratings report.
A $250 million donation to Centre College won’t happen, and it’s a bit unclear why. College officials and the head of a Bermuda-based trust offered differing accounts Monday of the massive deal’s sudden collapse.
Students at for-profit medical schools in the Caribbean are amassing more debt than their peers at medical schools in the United States, and many of those students quit school early, thereby creating risk for taxpayers, according to an article in Bloomberg Markets magazine that examines trends at the Caribbean institutions. Some of those schools also pay hospitals in the United States to take their students for clinical training, a practice that has drawn the ire of some medical educators.
William Peace University, an 800-student liberal arts college in North Carolina, plans to spend as much as two-thirds of its endowment on a single piece of property.
Gov. Pat Quinn awarded Columbia $4.8 million July 31 to reimburse the college for previously completed construction projects, thus allowing it to move forward with new projects.
According to a study by Affordable Colleges Online, just one percent of the private colleges in the U.S. have a documented million-dollar return on investment (ROI): alumni whose lifetime earnings surpass those of non-degree holders by seven figures. The Polytechnic Institute of New York University (NYU-Poly) is among that select group, with an estimated $1.62 million return after taking into account tuition and fees. That figure ranks as the third highest in the nation.
For-profit colleges will join talks today in Washington as they try to soften an Education Department proposal that sets limits on student debt levels.
The Bay Area's for-profit colleges soak up millions of dollars in taxpayer-funded student grants and loans and charge students high tuition, yet many have low graduation rates or high rates of student loan defaults, an analysis of U.S. Department of Education data reveals.
The push is part of a broad new strategy that also seeks to enhance diversity among the ranks of postdoctoral students, faculty, and senior administrators.
Agiliance®, Inc., the leading independent provider of Integrated Risk Management solutions for Governance and Security programs, today announced that one of the nation’s top private universities has deployed Agiliance RiskVision™ to manage its governance and security risk processes. The university is using Agiliance’s software platform to manage all risk artifacts in a centralized and automated fashion, which allows the institution’s compliance and risk services team to take a pro-active rather than reactive approach to security management.
Last month, USA Today reported that House Education Committee Chairman Rep. John Kline, R-Minn., who has received generous campaign contributions from for-profit colleges, is pushing legislation that would protect the industry from losing federal aid, which accounts for much of their revenue.
A new tool released this week by Wellesley College promises to be a game-changer in the higher education marketplace by bringing clarity to the college-shopping process. It also has the potential to attract more people to college.
In an April Globe Magazine story, education writer Jon Marcus sounded an alarm for this area’s small private colleges: Endowments were suffering, admissions were down, and plenty of families were beginning to wonder what their hefty tuition payments got them. “There’s little doubt in my mind,” said one consultant, “that a number of small tuition-dependent private colleges will go out of business in the next 10 years.”