Finance: Page 22

  • A person sits at a table holding a book and pencil.
    Image attribution tooltip
    Brandon Bell via Getty Images
    Image attribution tooltip
    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.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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.
    Image attribution tooltip
    Alex Wong via Getty Images
    Image attribution tooltip

    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.
    Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip
    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.
    Image attribution tooltip
    Alex Wong via Getty Images
    Image attribution tooltip

    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.
    Image attribution tooltip
    Alex Wong via Getty Images
    Image attribution tooltip

    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."
    Image attribution tooltip
    Paul Morigi/Getty Images for We, The 45 Million via Getty Images
    Image attribution tooltip

    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
  • A sign reads "California State University, Fresno."
    Image attribution tooltip
    The image by Ken Lund is licensed under CC BY-SA 2.0
    Image attribution tooltip

    This bipartisan bill would create $50M federal grants for regional public universities

    New legislation mirrors a Brookings proposal to use regional public universities to boost economic and community development in distressed areas.

    By Rick Seltzer • Aug. 23, 2022
  • A person handles dirty dishes at an industrial sink.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    College students who are parents face wide affordability gap, study finds

    Parents making minimum wage must work 50-plus hours a week for tuition and child care. Colleges can help, but pay needs to rise, the Education Trust says.

    By Lilah Burke • Aug. 19, 2022
  • $100 bills fan out on top of each other.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Biden’s ‘Fresh Start’ student loan plan would help 7.5M borrowers in default

    The new program could allow borrowers to once again qualify for federal student loans, Pell Grants and work-study.

    By • Aug. 18, 2022
  • Uncut sheet of U.S. $100 bills
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Tuition increases, lower capital spending likely in store for higher ed as inflation persists, Fitch says

    The ratings agency outlined trends to watch after 2021 was a strong financial year for colleges.

    By Rick Seltzer • Aug. 18, 2022
  • A profile photo shows U.S. Secretary of Education Miguel Cardona.
    Image attribution tooltip
    Kevin Dietsch via Getty Images
    Image attribution tooltip

    Feds to discharge $3.9B in ITT student loans, seek $24M repayment from DeVry

    Consumer Financial Protection Bureau director also pledges to scrutinize institutional lending in hope “ongoing oversight will prevent further abuses.”

    By Rick Seltzer • Aug. 16, 2022
  • People hold signs and flags calling for action to address climate change.
    Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip
    Deep Dive

    What’s the outlook for college fossil fuel divestment?

    This year hasn't had 2021's high-profile announcements, but trends say colleges are likely avoiding coal, oil and gas — whether they trumpet it or not.

    By Lilah Burke • Aug. 15, 2022
  • Central Christian College of the Bible
    Image attribution tooltip
    Retrieved from LinkedIn on August 11, 2022
    Image attribution tooltip
    Q&A

    Meet a president guiding the merger of 2 Missouri religious colleges

    David Fincher, head of Central Christian College of the Bible, talks about lessons from a consolidation with the former St. Louis Christian College.

    By • Aug. 12, 2022
  • Miguel Cardona speaking at a podium.
    Image attribution tooltip
    Joshua Roberts / Stringer via Getty Images
    Image attribution tooltip

    Education Department announces $5M in completion grants for HBCUs, other minority-serving institutions

    Eligible colleges can receive up to $1 million for retention and other efforts.

    By • Aug. 11, 2022
  • The Education Department's seal can be seen on a podium.
    Image attribution tooltip
    The image by U.S. Department of Education is licensed under CC BY 2.0
    Image attribution tooltip

    Eastern Gateway president: Heightened Cash Monitoring 2 status ‘has no impact’ on students

    Regulators added to the Ohio community college's administrative burdens this week, but nothing changed for students, President Michael Geoghegan said.

    By Rick Seltzer • Aug. 10, 2022
  • U.S. Government Accountability Office
    Image attribution tooltip
    "Government Accountability Office Building" by kafka4prez is licensed under CC BY-SA 2.0
    Image attribution tooltip

    Education Department often takes months to identify when a college closes, report finds

    A Government Accountability Office report also discovered issues with outreach to student loan borrowers who could qualify for closed-school discharges.

    By Rick Seltzer • Aug. 10, 2022
  • Dollar bills sit in stacks bande by paper.
    Image attribution tooltip
    Alex Wong via Getty Images
    Image attribution tooltip

    Education Department ramps up oversight of Eastern Gateway Community College

    Regulators placed the Ohio community college on the Heightened Cash Monitoring 2 list because of federal financial aid compliance concerns.

    By Rick Seltzer • Aug. 9, 2022
  • A building is topped by blue letters reading 2U.
    Image attribution tooltip
    Courtesy of 2U
    Image attribution tooltip

    Last week’s big number: Up to $40M for restructuring

    A recap of last week’s major higher ed news starts with costs that online program manager 2U expects as it executes layoffs and a strategic pivot.

    By Higher Ed Dive Staff • Aug. 8, 2022
  • The Education Department's seal can be seen on a podium.
    Image attribution tooltip
    The image by U.S. Department of Education is licensed under CC BY 2.0
    Image attribution tooltip

    Direct student loans cost $311B more than Education Department’s estimates, federal watchdog says

    The program was supposed to create $114 billion in income but had an estimated price tag of $197 billion as of fiscal 2021.

    By • July 29, 2022
  • A brick-and-glass building is wrapped in a blue sign reading "Eastern Gateway Community College Steubenville Campus."
    Image attribution tooltip
    Courtesy of Eastern Gateway Community College
    Image attribution tooltip

    Eastern Gateway reverses course amid Pell Grant fight: No new free college students

    Ohio community college can only use Pell funding for already-enrolled students amid questions of whether its free college program broke federal restrictions.

    By Rick Seltzer • July 28, 2022
  • A television monitor shows a U.S. Department of Education logo against a blue background.
    Image attribution tooltip
    The image by US Department of Education is licensed under CC BY 2.0
    Image attribution tooltip

    Eastern Gateway says it can restart free college program after Pell Grant debate

    After regulators last week said the program was illegal, the community college said it’s been told it can enroll new and returning students.

    By Rick Seltzer • July 27, 2022
  • A man wearing headphones looks at a laptop and writes in a notepad.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Online education's reputation jumps, survey says

    Nearly half of adults equated online and in-person quality, a liberal think tank finds. But respondents largely said online education should cost less.

    By Rick Seltzer • July 26, 2022
  • A notepad sits next to a laptop computer.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Last week's big number: 45,000 students

    A recap of last week's major higher ed news starts with a merger between National and Northcentral universities.

    By Higher Ed Dive Staff • July 25, 2022