Finance: Page 26
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The image by Ted Eytan is licensed under CC BY-SA 2.0
Consumer Financial Protection Bureau will examine private student lending
The CFPB will look at practices like colleges restricting enrollment for students behind on loan payments and accelerating payments for those who withdraw.
By Rick Seltzer • Jan. 20, 2022 -
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California governor proposes almost $40B for higher ed, sets long-term goals
Budget plan would incentivize college leaders to close equity gaps, reduce students' cost of attendance and align learning goals with workforce needs.
By Laura Spitalniak • Jan. 11, 2022 -
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Donor-advised funds boom likely benefited HBCUs
Grants to racial justice organizations and historically Black colleges and universities spiked by 341% between 2019 and 2020, research finds.
By Laura Spitalniak • Dec. 20, 2021 -
Colleges are giving staff pandemic bonuses, a cheaper alternative to raises
These payments don't lock institutions into financial commitments and are likely to become more common, one expert said.
By Jeremy Bauer-Wolf • Dec. 15, 2021 -
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Stable outlooks issued for higher ed as inflation undercuts revenue increases
Moody's Investors Service projects operating revenue rising by 4% to 6% in 2022, but labor shortages and inflation are likely to drive up spending.
By Rick Seltzer • Dec. 14, 2021 -
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Uncertainty lurks as college leaders eye end of federal relief funding
Non-elite colleges were resilient in the face of pandemic-driven changes, administrators tell a liberal think tank. But stability remains elusive.
By Rick Seltzer • Dec. 8, 2021 -
Opinion
Entrepreneurship is fine — but it's time to fix the academic job market
Entrepreneurial skills aren't bad, but they don't get at the root of the problem for those pursuing Ph.D.s, one student argues.
By Daniel Sparks • Nov. 29, 2021 -
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Deep DiveCyberattacks keep targeting colleges. How can they protect themselves?
Higher ed's sprawling systems mean cybersecurity doesn't come easy — or cheap. But smart strategies and thinking through risk can go a long way.
By Liz Farmer • Nov. 29, 2021 -
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Private student loan use varies widely by state, report finds
The private student loan market has grown to $136.3 billion, or 8% of all student loans, The Institute for College Access & Success reported.
By Rick Seltzer • Nov. 19, 2021 -
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Inflation set to squeeze financially constrained colleges hardest
Most colleges won't be able to offset all of their cost increases by raising tuition, Fitch Ratings predicts.
By Rick Seltzer • Nov. 19, 2021 -
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University of Austin shared a worldview, but does it have a business plan?
Startup liberal arts university says it aims to recenter education on the pursuit of truth. Experts will watch whether it can be financially sustainable.
By Rick Seltzer • Nov. 9, 2021 -
Higher ed groups call for quick changes to FAFSA verification
The federal government should share data among agencies and change who is targeted in audits in order to remove student burdens, a new white paper says.
By Jeremy Bauer-Wolf • Nov. 8, 2021 -
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Colleges' net prices drop as inflation outpaces average published tuition
Sticker prices crept up incrementally this year, but students pay less on average after inflation and financial aid, College Board finds.
By Rick Seltzer • Oct. 27, 2021 -
Henderson, Jim. (2010). Retrieved from Wikimedia Commons.
Bloomfield College appeals for funding to help it stay open beyond current academic year
The private institution in New Jersey seeks philanthropic support and partnerships that could include a merger, it said Tuesday.
By Rick Seltzer • Oct. 19, 2021 -
Pennsylvania system presses for more state funding amid merger progress
PASSHE is seeking a 15% boost in appropriations to $550 million, a cash infusion leaders say will help make it more affordable.
By Jeremy Bauer-Wolf • Oct. 15, 2021 -
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South Dakota's 6 public universities could face dozens of cost-cutting measures
A state-commissioned task force recommended sharing services and combining programs, among other steps.
By Natalie Schwartz • Oct. 7, 2021 -
The image by Farragutful is licensed under CC BY-SA 4.0
Public Service Loan Forgiveness changes promise $1.74B in quick debt relief for 22,000 borrowers
The U.S. Department of Education starts an anticipated revamp of the often-criticized program, where only 2.1% of applicants have met requirements.
By Rick Seltzer • Oct. 6, 2021 -
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Washington University in St. Louis uses 65% endowment return to adopt need-blind admissions
Surging investments powered a $1 billion financial aid initiative at the private university. But need-blind admissions can be very expensive for institutions.
By Rick Seltzer • Oct. 5, 2021 -
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Board votes to unite 3 merging Vermont colleges under the name Vermont State University
The state's higher education system is merging the institutions in an attempt to help them regain their financial footing.
By Natalie Schwartz • Sept. 30, 2021 -
Stanford University plans to buy struggling Catholic college's campus
Notre Dame de Namur University will use funds from selling its grounds to fuel a transition to a primarily online institution.
By Natalie Schwartz • Sept. 29, 2021 -
Foundation will spend up to $500M to expand access at selective liberal arts colleges
The Schuler Education Foundation is already working with five institutions, and is willing to reach up to 15 to 20 more.
By Jeremy Bauer-Wolf • Sept. 29, 2021 -
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Q&ACan colleges compete with companies like Coursera?
Arthur Levine discusses how trends like personalized education are unfolding, what's driving them, and what can go right or wrong for colleges.
By Rick Seltzer • Sept. 28, 2021 -
"Kentucky State University" by Normal Op is licensed under CC BY-SA 4.0
Kentucky State says it needs emergency funding to make it past spring
Regents are asking for money to cover a $15M shortfall from unpaid expenses and a projected $7M gap for the 2022 fiscal year.
By Natalie Schwartz • Updated Oct. 20, 2021 -
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JPMorgan Chase acquires financial planning platform Frank to connect with college students
The bank is hoping its purchase of the company will help it forge deeper relationships that could last long after students leave campus.
By Natalie Schwartz • Sept. 22, 2021 -
Mark Wilson via Getty Images
Recent regulatory action signals a turning point for ISAs
A recent CFPB statement that income-share agreements are loans could hurt the financial products — or mark a new era.
By Rick Seltzer • Sept. 21, 2021
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