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The Chronicle of Higher Education

Michigan State Just Agreed to Pay $500 Million to Settle Sexual-Abuse Claims. Where Will It Find the Money?

Michigan State Just Agreed to Pay $500 Million to Settle Sexual-Abu...

May 17, 2018

Michigan State University announced on Wednesday that it had reached a settlement agreement with 332 women and girls who were assaulted by Larry Nassar, a former university physician. The terms call for $425 million to be paid to current claimants, with an additional $75 million to be set aside in a trust to pay for future claims. It awaits final approval from the parties involved.  It is unclear, however, where the money will come from, and whether taxpayers or students will ultimately be the ones who are left to pay for the settlement. 
Michigan State University announced on Wednesday that it had reached a settlement agreement with 332 women and girls who were assaulted by Larry Nassar, a former university physician. The terms call for $425 million to be paid to current claimants, with an additional $75 million to be set aside in a trust to pay for future claims. It awaits final approval from the parties involved.  It is unclear, however, where the money will come from, and whether taxpayers or students will ultimately be the ones who are left to pay for the settlement. 

May 17, 2018

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The Tribune, Salt Lake City, UT

Citing Student Debt ‘Crisis,’ Utah Reps. Love and Bishop Sign Letter Urging Trump Officials to Reverse Course on Oversight of Student Loans

Citing Student Debt ‘Crisis,’ Utah Reps. Love and Bishop Sign Lette...

May 17, 2018

Two members of Utah’s all-Republican congressional delegation have joined Democratic colleagues in pushing back against recent moves by the U.S. Department of Education to restrict state oversight of student loan providers.  In a letter to U.S. Education Secretary Betsy DeVos, dated Wednesday, Utah Reps. Mia Love and Rob Bishop ask DeVos to withdraw her department’s recent position that states lack the authority to regulate private lenders contracting with the federal government.
Two members of Utah’s all-Republican congressional delegation have joined Democratic colleagues in pushing back against recent moves by the U.S. Department of Education to restrict state oversight of student loan providers.  In a letter to U.S. Education Secretary Betsy DeVos, dated Wednesday, Utah Reps. Mia Love and Rob Bishop ask DeVos to withdraw her department’s recent position that states lack the authority to regulate private lenders contracting with the federal government.

May 17, 2018

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CommonWealth Magazine.org

Meehan: Many More College Closures Coming

Meehan: Many More College Closures Coming

May 17, 2018

Lessons from the controversial acquisition of Mount Ida College by the University of Massachusetts could be used to shape similar deals in the future, according to UMass President Marty Meehan, who told state senators on Wednesday they should expect to see more colleges close.
Lessons from the controversial acquisition of Mount Ida College by the University of Massachusetts could be used to shape similar deals in the future, according to UMass President Marty Meehan, who told state senators on Wednesday they should expect to see more colleges close.

May 17, 2018

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The New York Times

College May Not Be Worth It Anymore – Opinion

College May Not Be Worth It Anymore – Opinion

May 17, 2018

Ellen Ruppel Shell, professor of journalism at Boston University and author of the forthcoming book:“The Job: Work and Its Future in a Time of Radical Change”, writes:  Recent decades have brought agreement that higher education is, if not a cure, then at least a protection against underemployment and the inequality it engenders. 
Americans strove to rise to that challenge: A third of them ages 25 to 29 now hold at least a bachelor’s degree, and many paid heavily for the privilege. Young people and their families go into debt because they believe that college will help them in the job market. And on average it does. But this raises a question: Does higher education itself offer that benefit, or are the people who earn bachelor’s degrees already positioned to get higher-paying jobs?
Ellen Ruppel Shell, professor of journalism at Boston University and author of the forthcoming book:“The Job: Work and Its Future in a Time of Radical Change”, writes:  Recent decades have brought agreement that higher education is, if not a cure, then at least a protection against underemployment and the inequality it engenders. 
Americans strove to rise to that challenge: A third of them ages 25 to 29 now hold at least a bachelor’s degree, and many paid heavily for the privilege. Young people and their families go into debt because they believe that college will help them in the job market. And on average it does. But this raises a question: Does higher education itself offer that benefit, or are the people who earn bachelor’s degrees already positioned to get higher-paying jobs?

May 17, 2018

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The Wall Street Journal

The GOP’s Ambitious College Reform Plan – Opinion

The GOP’s Ambitious College Reform Plan – Opinion

May 17, 2018

Allen C. Guelzo, visiting professor in the James Madison Program in American Ideals and Institutions at Princeton University (NJ), writes:  College administrators have barely had time to digest the full impact of tax reform, but they are already facing a new challenge as Washington weighs a major piece of legislation that could shake up the way higher education does business.
Allen C. Guelzo, visiting professor in the James Madison Program in American Ideals and Institutions at Princeton University (NJ), writes:  College administrators have barely had time to digest the full impact of tax reform, but they are already facing a new challenge as Washington weighs a major piece of legislation that could shake up the way higher education does business.

May 17, 2018

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