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San Antonio Express
January 28, 2011
Texas Attorney General Greg Abbott visited the University of Texas at San Antonio on Thursday to roll out a financial literacy program warning college students about the pitfalls of credit cards. To help Texas universities comply with a state law requiring them to educate students about personal financial management, Abbott distributed copies of "Money Crunch," a video on wise use of credit cards.
Center Daily Times - Opinion Piece
January 28, 2011
I see no reason students shouldn't be required, or at the very least, given the option to take a class that is specifically devoted to teaching students how to manage a credit card and their finances on a larger scale. This is something that few high schools or colleges offer nationwide. Penn State and 527 other universities are already making good progress and have implemented an online workshop called Cash Course devoted specifically to helping students understand credit and their personal finances.
Chronicle of Higher Education
January 28, 2011
The Lumina Foundation for Education's new blueprint for college degrees has been a source of fascination (and some skepticism) at the annual meeting of the Association of American Colleges and Universities. Hundreds of administrators and faculty members filled a plenary session that focused on the document, "The Degree Qualifications Profile," which was released on Tuesday. The audience seemed generally open to the concept, but there was also some puzzlement about what exactly the template is meant to accomplish.
Inside Higher Ed
January 28, 2011
Everyone at the annual meeting of the Association of American Colleges and Universities seems to favor globalization as a goal for higher education. But some here argued that it is time to rethink just what globalization means -- in many cases making it more local in focus (and without seeing local and global as opposites). And in a sign of how all globalization may involve local contexts, officials from a Chinese university made a presentation about how it is embracing a global outlook by turning to the liberal arts.
Washington Post College Inc. Blog - Opinion Piece
January 27, 2011
What Harvard's Derek Bok too politely termed Our Underachieving Colleges (2006) is a red flag for a society that depends on brain power to fuel the economy and help solve festering societal problems. This week, however, the Lumina Foundation for Education steps forth with a bold proposed solution: a twenty-first century effort to define the learning outcomes or "competencies" that students need to master -- whatever their major -- as they move from the associate's level to the bachelor's level to a master's degree.
Christian Science Monitor
January 27, 2011
The Annual Freshman Survey, by the Cooperative Institutional Research Program at the University of California, Los Angeles, has found that of the 62 percent whose choice was affected by the economy, 55 percent are at their first-choice college, compared with 69 percent of those not affected by the economy. The affected students are more likely to be living at home or attending college close to home. Fourteen percent of them report major concerns about financing their education. Concerns about college tuition and other expenses are offset at least in part by financial aid.
Washington Post College Inc. Blog - Opinion Piece
January 27, 2011
A recent study by Richard Arum and Josipa Roksa, "Academically Adrift: Limited Learning on College Campuses," and other reports raise the question whether colleges offer a solid education. Indeed, a guest blogger on College Inc. last week, Anne Neal of the American Council of Trustees and Alumni (ACTA), claimed the study confirmed ACTA's view that "students aren't learning very much at all in their first two years of college." The Arum/Roksa study does raise doubts about whether students are studying hard and learning enough, but it does not confirm the ACTA view that students are not studying the "right" subjects.
New York Times
January 27, 2011
In the survey, "The American Freshman: National Norms Fall 2010," the percentage of students rating themselves as "below average" in emotional health rose. Meanwhile, the percentage of students who said their emotional health was above average fell to 52 percent. Campus counselors say the survey results are the latest evidence of what they see every day in their offices - students who are depressed, under stress and using psychiatric medication, prescribed even before they came to college. The economy has only added to the stress, not just because of financial pressures on their parents but also because the students are worried about their own college debt and job prospects when they graduate.
Inside Higher Ed
January 27, 2011
A broad coalition of student, consumer and minority groups on Wednesday exhorted President Obama to ensure that his administration issues a "strong and enforceable" rule aimed at ensuring that vocational programs prepare their students for "gainful employment." The letter from 38 groups cites a series of practices in which "some" career education programs have deceptively recruited students, inflated and falsely reported job placement statistics, and buried students in debt, and urges the administration not to back away from its tough but "common sense" regulation.
Chronicle of Higher Education
January 27, 2011
The 12-percent return for the fiscal year ending in June 2010 represented a sharp turnaround from the minus 19 percent recorded in 2009, according to the study by the National Association of College and University Business Officers and the Commonfund Institute. Since June, investment returns have averaged about 15 percent. Despite the good news, NACUBO and Commonfund officials pointed out that the values of most endowments in 2010 remained below their 2007 levels, many by more than 20 percent.