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Who Benefits from Section 127?
NAICU/SHRM study finds use of employer-provided tax-exempt educational assistance has more than doubled between 1992 and 2007, with nearly one million individuals using the Section 127 benefit.
2010 Private College Tuition and Student Aid Trends
Private College Tuition Increases 4.5 Percent for 2010-11; Institutional Student Aid Up 6.8 Percent
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Full-Time Students Account for a Growing Share of EnrollmentsChronicle of Higher Education May 29, 2009The report, "The Condition of Education 2009" by the Department of Education's National Center for Education Statistics, also shows that black students have been making major strides in gaining access to graduate education and that women, for the first time, account for at least half of all degrees earned at each level of postsecondary education. At the same time, progress appears to have stalled on some fronts in efforts to improve education and close gaps in education access. |
Big Moan on Campus: Bond DowngradesWall Street Journal May 29, 2009Overall, Moody's says, it has a negative outlook for the credit rating of 55 U.S. universities, and has downgraded 20 this year. Downgrades can raise the cost of borrowing. "That's comparable to the rate of downgrades universities saw during the dot-com bust," says Moody's managing director John Nelson. "And we probably will surpass it." |
New Push Seeks to End Need for Pre-College Remedial ClassesNew York Times May 28, 2009More than a million college freshmen across the nation must take remedial courses each year, and many drop out before getting a degree. Poorly run public schools are a part of the problem, but so is a disconnect between high schools and colleges. Now the Obama administration is pressing states to get public school and higher education authorities working together. |
Climate ReportInside Higher Ed May 28, 2009Signatories of the American College and University Presidents Climate Commitment publicly pledge to take a series of concrete steps "in pursuit of climate neutrality." The biggest deadline is yet to come: Climate action plans, which are to outline an institutional strategy for achieving climate neutrality and include a target date, are due for the charter signatories by September 15. |
Summertime Budget Cuts Threaten Faculty Retirement FundsPolitics Daily Blog May 28, 2009Around the country, public and private colleges and universities are facing the need to reduce staff, delay capital improvements and otherwise reckon with the implications of the economic crisis at the gates of the ivory tower. For colleges and universities, making these cuts is a balance between remaining competitive for prospective students and faculty members and remaining afloat as the economy threatens the viability of the university. |
When Sallie Met BarackNew York Times - Column May 28, 2009And then, there’s the epicenter of the college loan strangeness, the federally guaranteed loans. This is a system that goes something like this: We the taxpayers pay the banks to make loans to students. We the taxpayers then guarantee the loans so the banks won’t lose money if the students don’t pay. We the taxpayers then buy back the loans from the banks so they can make more loans to students, for which we will then pay them more rewards. |
California Need-based student aid in jeopardySan Francisco Chronicle May 28, 2009Gov. Arnold Schwarzenegger's draconian plan to phase out the state-funded Cal Grant program for lower-income college students starting this fall has students, schools and financial aid advocates in shock. The governor's proposal, released Tuesday, would eliminate all new Cal Grants, and existing Cal Grant awards would no longer go up to match fee increases at the state's public universities. |
Students studying abroad face dangers with little oversightUSA Today May 28, 2009There is a long-standing gap between families' perceptions and what colleges and providers see as their responsibility for ensuring student safety. Compounding that gap is a lack of transparency. Though most college students who go abroad return home without serious incident, nobody knows exactly how many students end up hurt because nobody is required to keep track on a national level. |
Recession Imperils Loan Forgiveness ProgramsNew York Times May 27, 2009Typically founded by their states to help students pay for college, the state agencies and nonprofit organizations that make student loans and sponsor these programs are getting less money from the federal government and are having difficulty raising money elsewhere as a result of the financial crisis. Curbing the programs will make it harder to lure college graduates into high-value but often low-paying fields like teaching and nursing. |
A Steep Climb for Indebted College GradsBusinessWeek May 27, 2009The average college graduate who borrows the full cost of tuition and fees at a public university will be 33 before accumulated net earnings catch up to counterparts who enter the workforce directly from high school-after factoring in tuition costs, interest, and earnings foregone during the years in school-according to the College Board study. Those who borrow more to attend a private college or graduate school take even longer to match high school grads in net earnings. |
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