Finance: Page 24

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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
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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
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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
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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
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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
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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
  • A sign reads "California State University, Fresno."
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    The image by Ken Lund is licensed under CC BY-SA 2.0
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    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
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    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
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    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
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    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.
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    Kevin Dietsch via Getty Images
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    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.
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    Michael M. Santiago via Getty Images
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    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
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    Retrieved from LinkedIn on August 11, 2022
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    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.
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    Joshua Roberts / Stringer via Getty Images
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    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
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    The image by U.S. Department of Education is licensed under CC BY 2.0
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    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
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    "Government Accountability Office Building" by kafka4prez is licensed under CC BY-SA 2.0
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    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
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    Alex Wong via Getty Images
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    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.
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    Courtesy of 2U
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    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