Lesley University is changing its undergraduate tuition pricing model. The objective is to reduce the tuition price and tuition discounting so that more people see the actual cost of attending Lesley.
Adding to its commitment to the American retail industry as a vital sector of the country's economy, University of Phoenix, one of the nation's largest private universities, and Stein Mart today announced a new scholarship program for employees of the nationwide retailer.
Once the hottest things in higher education, private, for-profit colleges and universities have suddenly found themselves on the business equivalent of academic probation.
Aggressive recruiters, toll-free numbers and late-night TV commercials mark some of the tactics used by fraudulent for-profit schools that Attorney General Martha Coakley said her office is investigating.
Our annual rankings of the best values in private colleges and universities (kiplinger.com/links/privatecolleges) highlight some interesting trends -- one of which is that private four-year schools are pumping the brakes on tuition increases. This year, private institutions raised tuition by an average of 3.56 percent, according to the National Association of Independent Colleges and Universities. That's the lowest increase in four decades.
IN his 2011 TED talk, Gene Wade thus shared his vision of an ultra low-cost college degree for working adults. As of today, he has raised $42 million in venture capital for his new company, UniversityNow, and its two for-profit universities, Patten and New Charter. The first students started in the spring. Around the same time, Forbes magazine named Mr. Wade the most disruptive figure in education.
Every year, price increases at private colleges prompt a round of appalled responses and calls for corrective action. But even as some sticker prices approach $60,000 a year, the amount that students actually pay — because of increased discounts, grants and tax benefits — has barely changed over the last decade, according to a major analysis of college costs published this week.
Part-time faculty at several Boston-area colleges, frustrated by low pay and emboldened by their growing ranks, are taking steps to unionize amid an emerging national movement to give adjunct professors the chance to negotiate better working conditions and benefits.
Even though colleges have slowed the rate at which they raise tuition, the total grant aid available to students has not been able to keep pace with tuition growth, according to two reports released Wednesday by the College Board.
An informal survey of Fitch Ratings' private college and university portfolio was undertaken in mid August in order to get an early indication on fall 2013 enrollment and fiscal 2014 operations. Overall, the responses paint a largely stable picture. However, these individual metrics in isolation may not depict the whole credit picture but can provide an early indicator of credit stress.
The parent company of the University of Phoenix announced Tuesday that it is laying off 500 workers around the country as it faces declining enrollment and transitions to more online-only courses.
Ernesto Perez has resigned as president and chief executive officer of Dade Medical College, a for-profit institution in Florida, less than a week after prosecutors charged him with perjury and providing false information through a sworn statement, according to reports by The Miami Herald and the South Florida Business Journal.
The for-profit college industry is under pressure. Many of its biggest companies are being investigated by federal agencies and state attorneys general for fraud and misrepresentation -- deceiving students, regulators, and investors about job placement rates, costs and quality of programs, transferability of credits, and other matters. Enrollments are down, and share prices have been falling.
Private nonprofit colleges increased tuition by 3.6 percent on average for this academic year, according to a survey from the National Association of Independent Colleges and Universities of its members. It’s the lowest rate of tuition increase increase since at least 1972. And the association found that financial aid budgets have increased more quickly than tuition.
The Association of Private Sector Colleges and Universities, or APSCU, is the Washington, D.C.-based lobbying group for America's for-profit colleges. APSCU has opposed a wide range of reasonable efforts by the Obama administration and members of Congress to hold bad actors in its industry accountable for waste, fraud, and abuse with the roughly $32 billion a year in federal tax dollars they receive.
More than half of private colleges that grant bachelor’s degrees and public colleges that grant bachelor’s and master’s degrees had not met their fall enrollment goals by May 1, according to the latest “Inside Higher Ed Survey of College and University Admission Directors.”
As we move from a federal budget crisis towards a federal debt crisis, ways to reign in student debt will almost certainly be on the table. The US government spends about $5.5 billion subsidizing student loans each year, depending on who you ask. It's a rather elusive figure. Student debt, more so than other forms of debt, is particularly complicated for many reasons.
The issue is sparking sharp debate, notably at George Washington University’s Foggy Bottom campus, where residents are increasingly clashing with student neighbors over late-night parties and other quality-of-life issues, and where school police were admonished for improperly patrolling off private grounds.