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What's New in Private Higher Education?



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National Higher Education News


As Economy Wavers, Online Enrollments Climb

Inside Higher Ed

November 13, 2008

Researchers who study online education tend to believe that the staggering growth in enrollments seen over the past several years can't continue apace forever. According to a study released Wednesday, they'll have to wait at least another year for the predicted flattening.

How the Economic Hard Times Will Affect Colleges

Chronicle of Higher Education - Opinion Piece

November 12, 2008

So what next?  In rapid succession and over what seems like an impossibly short period of time, our nation's economy has absorbed a series of staggering body blows.  In ordinary times, any one of them would have been the biggest business story of the year.  What impact will continued financial turbulence have on higher education in the weeks and months ahead?  Colleges will probably have to deal with these issues.

Look Beyond College 'Sticker Prices'

BusinessWeek - Opinion Piece

November 12, 2008

Not applying to schools with high sticker prices that offer significant financial aid could actually lead families to pay more for their children's education, not less.  And, in the process they might rule out great college options for their son or daughter.

Beyond college rankings

Fort Wayne, Ind., Journal-Gazette - Editorial

November 12, 2008

The National Survey of Student Engagement reinforces evidence that popular college rankings miss the mark and students need to look closely at specific areas of study, not just at a university's overall reputation.  A college or university with a business school that draws national acclaim might not be the best match for an education major.  The survey provides an invaluable tool for looking beyond the popular rankings to determine the best fit.

Fleshing Out Student Aid Simplification

Inside Higher Ed

November 12, 2008

Sara Martinez Tucker, the U.S. under secretary of education, will formally present to Congress this week the department's plan for creating what she calls a "rational approach to federal student aid."  The proposal would, among other things, consolidate numerous federal grant, loan and other programs into the Pell Grant Program, and would base the amount of aid a student receives on the relationship between the average cost of attendance at a two-year public college and the adjusted gross income and tax exemptions of the student or his or her family.

Iowa's private colleges feeling economic pinch

The Gazette, Solon, Iowa

November 11, 2008

Coe College froze faculty and staff salaries. Luther College delayed a $10 million campus project. Cornell College may delay projects and shift investments.  Leaders at private colleges in Eastern Iowa are trying to navigate their schools through this economic slump and curtail spending without harming the quality of the student experience.  Cautious and prudent are how several presidents described their plans for weathering the storm.

Q&A: Impact of college budget cuts

Boston Globe

November 11, 2008

Harvard University on Monday became the latest college to announce that it is looking to cut spending, as the nation's financial downturn hits institutions large and small.  Boston.com asked Richard Doherty, president of the Association of Independent Colleges and Universities in Massachusetts, to assess the coming impact on campuses.

What College Presidents Think About Costs, Access, and Quality

Chronicle of Higher Education News Blog

November 11, 2008

A new report documents the views of more than two dozen college presidents.  Most of the presidents believe that to improve the quality of education, more money needs to be put into the system, and that cutting costs in higher education, conversely, would eventually lead to declines in quality or access.  The college presidents also believe much of the "heavy lifting" will need to be done by governments putting more money into higher education, by families paying more in tuition, and by private businesses entering into more partnerships with colleges.

Colleges Struggle to Preserve Financial Aid

New York Times

November 11, 2008

For years, educational endowments swelled, helping private colleges provide more financial aid, expand and attract better faculty. But with the financial markets in crisis, those days are over.  Today educational institutions are cutting spending, delaying projects and holding off on hiring. While many schools and colleges say their commitment to helping families pay the costs of education will not waver, some experts maintain that as investments shrink and donations fall, some institutions will be forced to cut back on financial aid.

Struggling Economy Puts Colleges in a Tight Spot

Washington Post

November 11, 2008

Many administrators are finding that most, if not all, of their revenue streams are under pressure, including government funding, tuition payments and donors' gifts. Most are rethinking fundraising campaigns, construction projects and tuition levels as they try to predict the road ahead in an uncertain time. And most are working hard to maintain and increase financial aid so they can continue to attract and retain students.
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