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Full Disclosure for Student Borrowers

New York Times - Editorial
May 23, 2012

Many schools market themselves to students without explaining the real costs of attendance. Letters informing them about financial aid awards often blur the distinction between loans and grants to make the school look like a better deal than it is. And once students enroll, they are generally left on their own as they borrow year after year. The Obama administration has taken some important steps to address these problems. A bill pending in the Senate would require both colleges and lenders to educate students about the differences between federal loans and riskier, more expensive private loans - and their borrowing options.

Engineered for Speed

Inside Higher Ed
May 23, 2012

Want to travel quickly over water? An MIT team is responsible for the world’s fastest human-powered hydrofoil. Need a robot that can run up to 18 miles per hour? A former MIT researcher has that covered too. And not to be limited to the physical world, the institute’s faculty can also claim to the world’s fastest code-breaking algorithm.

Supreme Court Is Urged to Consider Scrapping Its 2003 Endorsement of Race-Conscious Admissions

Chronicle of Higher Education
May 23, 2012

Lawyers for a white student who is challenging the race-conscious admissions policy of the University of Texas at Austin have told the U.S. Supreme Court that the dispute may give the justices reason to revisit, and potentially overrule, a landmark 2003 decision upholding the use of affirmative-action preferences to promote campus diversity.

Investigation of For-Profits Expands to ITT

Inside Higher Ed
May 23, 2012

The Consumer Financial Protection Bureau (CFPB) has expanded its investigation of for-profit institutions with a broad inquiry received last week by ITT Educational Services Inc., according to a corporate filing.

Common Sense on Completion

Inside Higher Ed
May 23, 2012

Roughly half of students who earn a bachelor’s degree after transferring to a four-year institution from a community college fail to receive an associate degree, said Janet Marling, director of the National Institute for the Study of Transfer Students at the University of North Texas, citing data from the College Board. And 80 percent fail to in California.

Naropa University Announces the Appointment of Charles G. Lief as President

News Release
May 23, 2012

Charles G. Lief, lawyer, social entrepreneur, nonprofit executive, and current board Chair of Naropa University, has been named president of Naropa University, starting in August 2012. Lief has been an active part of the Naropa community for 39 years, having participated in some of the earliest discussions that culminated in the creation of the Naropa Institute in 1974. An early North American student of Naropa's founder, the Venerable Chögyam Trungpa, Rinpoche, he was an original member of the Nalanda Foundation board of directors (Naropa's nonprofit home for its first decade).

CEOs Debate: Do the Liberal Arts Pay Off?

Wall Street Journal
May 22, 2012

Carl Bass of Autodesk, the San Rafael, Calif.-based maker of design software, was adamant that we’ll see radical changes in the structure of higher education over the next two decades: “The traditional liberal arts education is incredibly valuable. But if you would call it a business model, it has run its course.”

Look hard at value of higher education

Des Moines Register
May 22, 2012

Ex-president George W. Bush had ignorance and hubris pouring out his 10-gallon hat, and he had two Ivy League degrees. And it is this ignorance and hubris that propels academics to keep beating the same drum that a four-year liberal arts degree is actually worth $200,000. They point to statistics showing that a college degree equals higher earnings later in life, ignoring the fact that the mortgage bubble was fueled by statistics showing that home ownership leads to a higher rate of wealth later in life.

Federal Advisory Panel Pans Recommended Overhaul of State Grant-Aid Programs

Chronicle of Higher Education
May 22, 2012

A report by the Brookings Institution on how to restructure state student-aid grants seemed to generate little controversy when it was released this month. But now a group that advises Congress on student financial-aid matters has released a statement condemning the report as flawed and saying the recommendations would sacrifice too much need-based aid and not significantly improve college-completion rates.

Did the Catholic organizations have to sue over the health care mandate?

Washington Post - Column
May 22, 2012

The federal lawsuits filed Monday by Catholic institutions against the contraception mandate under the health care law are not surprising, but they are unfortunate. There is certainly a case to pushing the administration to rewrite the definition of religious organizations under the health care regulations, but no reason to treat President Obama as an enemy of religious freedom. The bishops' "Fortnight for Freedom" campaign is looking more and more like a direct intervention in this fall's elections.

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