By Andy Thomason. Total college enrollment fell again this year, driven primarily by the departure of older students finding employment in an improving economy, according to a report released on Thursday by the National Student Clearinghouse. More...
Former Students Will Get a Seat at the Table in Corinthian’s Bankruptcy Case
By Andy Thomason. Former students at Corinthian Colleges will be represented by a special committee in the for-profit’s bankruptcy case, The Wall Street Journal reports. The unusual step represents a win for the former students, who formally requested such representation on Monday. More...
Interest Rates on New Federal Student Loans Will Drop for 2015-16
By Andy Thomason. Interest rates on new federal student loans will drop for the 2015-16 academic year, The Wall Street Journal reports.
The rate on undergraduate Stafford loans will drop to 4.29 percent, down from 4.66 percent this year. More...
Small For-Profit College Will Close, Citing Gainful-Employment Rule
By Andy Thomason. A small for-profit college in North Carolina is shutting down, citing the U.S. Education Department’s impending gainful-employment rule, The Charlotte Observer reports. Brookstone College of Business, which served roughly 200 students at two campuses, in Charlotte and Greensboro, will cease night classes immediately and afternoon classes next week. More...
Giant For-Profit Educator and Executives Are Charged With Lying to Investors
By Andy Thomason. ITT Educational Services Inc., its chief executive, and its chief financial officer have been charged with fraud by the Securities and Exchange Commission for allegedly hiding from investors “the poor performance and looming financial impact of two student-loan programs that ITT financially guaranteed,” according to a news release from the commission. More...
Commentary on College Costs Doesn’t Get to the Heart of the Matter
To the Editor:
James Doti is absolutely correct about the complexity of judging the cost of college and its rate of growth (“The Growth in College Costs Is Slowing, Particularly for Poorer Families,” The Chronicle, May 13.) But his “analysis” doesn’t get to the heart of the matter. College costs are not solely about tuition. More...
Criticisms of Pope Foundation Apply to Higher Education
To the Editor:
The criticisms that Eric Kelderman levels at the Pope Foundation (“Conservative Think Tank Puts Pressure on North College’s Colleges,” The Chronicle, May 8) apply, albeit in reverse, to higher education. Higher education’s claim that any student can benefit is a distortion that borders on fraud, for half of students at less-elite colleges are not college ready. More...
Weekly Exams Do Students No Favors
To the Editor:
I do not disagree with the findings of Henry L. Roediger regarding the importance of written notes or synopses to help students master information, and the necessity for students to read the material in their classes and work through it via weekly exercises that require them to use it (“How Exams Improve Students’ Access to Their Brains,” The Chronicle, May 6). More...
Don’t Criticize Guaranty Agencies for Following the Law
To the Editor:
In “How Ending the Two-Tiered Student-Loan System Would Help Struggling Borrowers” (The Chronicle, May 15), Ben Miller, formerly with the New America Foundation, criticizes guaranty agencies for following the law that collection costs are to be paid by the defaulted borrower rather than the taxpayer. While the article states that it is part of the paper’s “Proof” series, it ignores important facts. More...
Minority Ph.D.’s Find Career Success in STEM
By Francis M. Leslie. In response to a recent article in The Chronicle on the Council of Graduate Schools’ report on "The Doctoral Initiative on Minority Attrition and Completion," a number of readers commented that universities do minority students no favors by encouraging them to obtain doctorates in STEM fields — science, technology, engineering, and math — where they are unlikely to find employment. In fact, this apparently widespread view is wrong. More...