By Andy Thomason. Kennesaw State University has placed an academic adviser on leave, pending an investigation, after she was caught on video threatening to call the police on a black student, the college said in a statement on Friday. More...
Education Dept. Proposes Reining In Deals Between Colleges and Banks
By Andy Thomason. The U.S. Education Department on Friday proposed new regulations aimed at reining in agreements between colleges and banks that want to market their products to students. The proposed rules, scheduled for publication in Monday’s Federal Register, represent the Obama administration’s latest effort to curb those agreements, which can leave students on the hook for fees they may have incurred unintentionally. More...
Citing Threats of Disruption, Sweet Briar’s President Won’t Attend Commencement
By Andy Thomason. The president of Sweet Briar College will not attend what is slated to be the institution’s final commencement ceremony, writing in an email to the campus on Friday that he did “not want anything to distract from what should be a celebration of our students’ academic success.” More...
Even Private Colleges Feel the Pain as Enrollment Falls Again
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...