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Sallie Mae lobbied Congress and put forward its own proposal for overhauling the federal student-loan system. After the House vote didn't go their way, the student-loan giant began drumming up grass-roots opposition to the legislation in the towns where its largest facilities are located. If bank-based lending ends, Sallie Mae employees told their neighbors and friends, the company would face a major downsizing. The question is whether the argument, and the 186,092 signatures gathered nationwide in the just-ended petition campaign, will be enough to change the outcome when the Senate takes up the measure,
The College Board today reports that tuition and fees at private, nonprofit colleges and universities increased an average of 4.4 percent for 2009-10. The finding is in line with the results of NAICU's 2009-10 tuition survey, released in June 2009, which found that tuition and fees at private, nonprofit institutions rose at an average of 4.3 percent-the smallest increase in 37 years.
A survey of nearly 300 private, nonprofit colleges and universities finds that undergraduate enrollment for fall 2009 is projected to increase slightly-by an average of 0.2 percent-over fall 2008. Increased funding for Pell Grants and other federal student aid programs was widely credited for helping to maintain student educational choice, while more generous institutional student aid policies; lower-than-usual tuition increases; salary and hiring freezes; and more flexible admissions practices were commonly cited campus responses to the economic downturn.
A count by NAICU finds that at least 750 private, nonprofit colleges and universities are participating in the new Post-9/11 GI Bill's Yellow Ribbon program. The VA released its final list of participating institutions on June 30.
With families facing one of the worst economic crises in the nation's history, private, nonprofit colleges and universities have responded with the smallest average increase in tuition and fees in 37 years -- 4.3 percent for 2009-10, according to the final results of a NAICU survey. The average increase in institutional student aid budgets for 2009-10 at these colleges is 9 percent.
The median total compensation package of the Chronicle of Higher Education's complete list of highest compensated private college and university employees is $160,493. In other words, on average, a private college or university provides its top five to 10 employees a median salary and benefits package that's significantly lower than what comparably skilled and experienced individuals would earn in the for-profit sector.
The compromise economic stimulus bill is a victory for America's college students and their families. The bill's student aid and higher education tax provisions provide crucial assistance to millions of low- and middle-income families at a critical time.
The members of the National Association of Independent Colleges and Universities (NAICU) have selected 15 new board directors and four new board officers for 2009-10.
A new survey of private college and university presidents finds that fund raising, endowments, the availability of student aid, institutional debt, and student enrollment lead the list of campus economic concerns as the fall 2008 semester comes to an end. The survey was conducted from Nov. 18 to Dec. 12 by the National Association of Independent Colleges and Universities (NAICU).
Hundreds of private college and university presidents and other top campus officials will meet with leading public opinion and political analysts, respected national thinkers, and fellow higher education decision makers at the 2009 NAICU Annual Meeting, Feb. 1-4, to explore the challenges and opportunities facing private higher education, our students, and the nation in this time of economic turmoil and political change.
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