Finance: Page 19


  • The campus of Bennington college, in Vermont.
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    Permission granted by Bennington College
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    Bennington starts no-loan program for Vermont residents

    Leaders at the private nonprofit college hope the new effort prompts more state residents to apply for admission.

    By Rick Seltzer • Oct. 26, 2022
  • College students walking in an acadmic building
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    monkeybusinessimages/Getty Images Plus via Getty Images
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    Colleges are becoming less affordable for Pell Grant recipients, report finds

    The average Pell-eligible student increasingly faces unmet financial need that could leave them in debt or prevent them from enrolling in the first place.

    By Oct. 26, 2022
  • A close-up of a $50 bill.
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    trekandshoot/iStock via Getty Images
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    Zovio shareholders approve plan to go out of business

    Shareholders for the former University of Arizona Global Campus contractor approved a plan that will have it selling off remaining assets and dissolving.

    By Rick Seltzer • Oct. 25, 2022
  • The exterior of the Consumer Financial Protection Bureau
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    The image by Ted Eytan is licensed under CC BY-SA 2.0
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    What colleges need to know about problems with student loan servicing

    Watchdogs say colleges should consider the student loan landscape they’re asking students to enter. Here are key findings from a recent CFPB report.

    By Lilah Burke • Oct. 25, 2022
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    Justin Sullivan via Getty Images
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    Tuition sticker prices fell in 2022-23 after accounting for inflation, College Board report finds

    New research also projects declines in net price after adjusting for inflation.

    By Oct. 24, 2022
  • TIAA bulding
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    Permission granted by TIAA; photo by NAZpicture
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    Academics’ complaint seeks to push retirement manager TIAA to divest from fossil fuels

    Professors who have retirement accounts with TIAA have turned to the Principles for Responsible Investment to try to force changes by 2025.

    By Lilah Burke • Oct. 19, 2022
  • The exterior of the Consumer Financial Protection Bureau building
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    The image by Ted Eytan is licensed under CC BY-SA 2.0
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    Education Department ramps up oversight of college banking deals following critical CFPB report

    New report indicates more must be done to keep students from being guided to "school-endorsed products with junk fees," the CFPB's director says.

    By Rick Seltzer • Updated Oct. 14, 2022
  • A picture of a white delivery robot with an orange Grubhub logo on the side
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    Courtesy of Gruhbub/PRNewswire
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    Grubhub, Starship deploy delivery bots across 5 college campuses

    Over 170,000 students have access to food delivery through the deal, and more colleges are expected to launch the service later this year.

    By Julie Littman • Oct. 13, 2022
  • $100 bills fan out on top of each other.
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    breeze393/iStock via Getty Images
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    77% of adults think it would be hard to pay for college, according to survey

    Community colleges were viewed as the most affordable higher education option, ahead of vocational and certificate programs, Morning Consult finds.

    By Rick Seltzer • Oct. 12, 2022
  • Lights reflect off of server cases.
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    Kwarkot/iStock via Getty Images
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    As cybersecurity threat rages, colleges invest in risk prevention and pay higher insurance premiums

    Colleges can be cyberattack targets because they have sensitive information. Cyber insurance policies are getting more expensive, S&P Global Ratings said.

    By Rick Seltzer • Oct. 6, 2022
  • Australian flags fly.
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    Tracey Nearmy via Getty Images
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    Can the US learn from student loans Down Under?

    Biden administration plan could make income-driven repayment mirror Australia’s system. What drawbacks can the US avoid?

    By Lilah Burke • Oct. 3, 2022
  • A building sits behind a lawn.
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    The image by Jared C. Benedict is licensed under CC BY-SA 2.0
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    Vermont system plans tuition reset for 3 merging colleges

    In-state tuition at the newly formed Vermont State University will fall about 15% on average to $9,999 per year for undergraduates.

    By Rick Seltzer • Sept. 26, 2022
  • Wooden gavel sits on desk.
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    BCFC via Getty Images
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    Florida A&M students sue state, alleging decades of underfunding and program duplication

    New lawsuit's program duplication argument echoes a case settled in 2021 in Maryland — after 15 years.

    By Rick Seltzer • Sept. 22, 2022
  • A sign on a wall reads "Bill & Melinda Gates Foundation."
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    David Ryder via Getty Images
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    Gates Foundation pours $100M into college transformation effort

    The five-year commitment flows through six intermediary organizations, which the foundation says is an evolution in its approach to grant-making.

    By Rick Seltzer • Sept. 15, 2022
  • Chatfield College
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    "Outside of OTR building" by Lance1575 is licensed under CC BY-SA 4.0
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    2-year Chatfield College to close, transition to student support nonprofit

    The Catholic institution in Ohio pointed to enrollment challenges accelerated by the spread of the coronavirus.

    By Sept. 13, 2022
  • The east side of the US Capitol in the early morning. Senate Chamber in the foreground.
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    drnadig via Getty Images
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    Short-Term Pell didn’t make it into August’s CHIPS Act. Where does it go from here?

    Several paths remain for expanding Pell Grants to programs as short as eight weeks, but they're unlikely, especially before November's midterms.

    By Lilah Burke • Sept. 9, 2022
  • The exterior of the Consumer Financial Protection Bureau
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    The image by Ted Eytan is licensed under CC BY-SA 2.0
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    ISA provider Better Future Forward strikes compliance plan with regulators at CFPB

    The nonprofit income-share agreement provider announced the deal a year after the CFPB took action against it and labeled ISAs as a form of credit.

    By Rick Seltzer • Sept. 8, 2022
  • A person sits at a table holding a book and pencil.
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    Brandon Bell via Getty Images
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    Deep Dive

    8 big questions as colleges start fall 2022

    Will higher ed’s financial picture clear? Can campuses innovate? Is a new generation of presidents ready to rise to the moment?

    By Rick Seltzer • Sept. 6, 2022
  • An image of academic regalia.
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    nirat/iStock via Getty Images
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    Last week’s big number: 25 times more likely to have a parent with a Ph.D.

    A recap of last week’s major higher ed news starts with a look at faculty members’ family backgrounds.

    By Higher Ed Dive Staff • Sept. 5, 2022
  • An image of the White House.
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    Vacclav/iStock via Getty Images
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    Student debt relief ‘modestly credit positive’ for colleges, Moody’s says

    Changes to income-driven repayment programs are a bigger long-term boost than forgiving federal student loan debts, according to the ratings agency.

    By Rick Seltzer • Sept. 2, 2022
  • President Joe Biden stands behind a podium while Education Secretary Miguel Cardona stands next to him.
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    Alex Wong via Getty Images
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    3 ways to visualize which income groups likely benefit from Biden’s debt forgiveness package

    Estimates show most loan forgiveness will go to those making between $50,796 and $82,400 per year.

    By Rick Seltzer • Aug. 30, 2022
  • Signs call for contract and adjunct faculty solidarity.
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    Michael M. Santiago via Getty Images
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    Opinion

    No one in higher ed is fixing this overlooked crisis for instructors

    Adjunct faculty members are struggling. It's time to treat them like the valuable contributors they are, writes Chegg's chief academic officer.

    By Nina Huntemann • Aug. 29, 2022
  • President Joe Biden stands in front of a painting.
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    Alex Wong via Getty Images
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    Last week’s big number: 8 million borrowers in line for automatic debt forgiveness

    A recap of last week’s major higher ed news starts with President Joe Biden’s long-anticipated student debt relief plan.

    By Higher Ed Dive Staff • Aug. 29, 2022
  • Dollar bills lie in a pile.
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    Alex Wong via Getty Images
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    Student loan changes could cost more than $1 trillion over 10 years, new estimate finds

    Most of the cost comes from loan cancellation, although an extended loan payment pause and income-driven repayment plans add to the price tag.

    By Rick Seltzer • Aug. 26, 2022
  • At a rally, a man hold up two small signs, one in each hand. Both signs say "cancel student debt."
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    Paul Morigi/Getty Images for We, The 45 Million via Getty Images
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    Higher ed leaders praised the White House’s debt forgiveness plan — as a good start

    Many viewed the student loan forgiveness as a much-need tourniquet, not as the complete solution to college's affordability crisis.

    By Aug. 24, 2022