Forbes magazine recently reported that over 50% of the working population (120 million individuals) now works in a small business. Small businesses have generated over 65% of the net new jobs since 1995.
Our annual rankings of the best values in private colleges and universities (kiplinger.com/links/privatecolleges) highlight some interesting trends -- one of which is that private four-year schools are pumping the brakes on tuition increases. This year, private institutions raised tuition by an average of 3.56 percent, according to the National Association of Independent Colleges and Universities. That's the lowest increase in four decades.
Private equity firm founder Bradford Freeman made it onto the field for one play as a Stanford University scholarship football player and jokes that he is “the highest-paid student-athlete, per minute, in history.”
Colleges are facing a decline in the number of high school seniors, uncertainty over the federal government's tuition assistance program for military personnel and an improving economy, which can prompt some students to turn to work instead of college.
For the second time in two years, Congress is trying to close a loophole that allows for-profit colleges and universities to collect billions of federal dollars in tuition from veterans.
If universities are unable to adapt to new technologies, they will eventually have to face the reality of the free market, which could favor a for-profit system, according to Jane Shaw, president of the Pope Center for Higher Educational Policy.
Once the hottest things in higher education, private, for-profit colleges and universities have suddenly found themselves on the business equivalent of academic probation.
A U.S. Senate Committee last year castigated the for-profit world of higher education for excesses in recruiting and for too often providing a path to debt and failure rather than opportunity.
Once the hottest things in higher education, private, for-profit colleges and universities have suddenly found themselves on the business equivalent of academic probation.
While new numbers show the embattled for-profit world of higher education slightly improved its student-loan default rate, the number still far exceeds numbers for private nonprofit and public colleges and universities.
This Veterans Day, one way you can honor your neighbors, friends or cousins who have returned from serving in Iraq and Afghanistan is to help them avoid a scam.
America made a commitment to veterans of the wars in Iraq and Afghanistan: In return for their service, the country would help pay for their college education when they came home.
Are nonprofit schools a better deal for returning veterans than for-profit schools? A study by the Mississippi Center for Justice finds that since the 9/11 terrorist attacks, 14 percent of $83 million in GI Bill funds spent for education in Mississippi went to for-profit schools, but those schools enrolled only 7 percent of student-veterans. Veterans spent $2,933 per student more at for-profit schools than at private nonprofit schools, $11,900 more than at community colleges, and $10,321 more than at traditional public colleges and universities.
The U.S. Department of Education has signaled it wants to be more aggressive in policing for-profit colleges by proposing rules that would make it easier to cut off funding to low-performing schools and, in some cases, force colleges to help borrowers who are stuck with large debts and low earnings.
The Federal Trade Commission is getting tougher with for-profit colleges, opening a new front in the latest Obama administration-led attempt to crack down on the sector.
Adding to its commitment to the American retail industry as a vital sector of the country's economy, University of Phoenix, one of the nation's largest private universities, and Stein Mart today announced a new scholarship program for employees of the nationwide retailer.
Enrollment at private universities in Palm Beach County shot up this past year while those in the public sphere were stagnant or barely changed. The private schools credit their efforts to recruitment — from special attention to students visiting campus to reaching out to students as far away as Sri Lanka.
IE, which stands for International Excellence, is a private university founded in 1997. Its first program in Florida will be taught in its new office in the Blue Lagoon area and online, the Business Journal said.
The strength of America’s private universities means that the nation will continue to lead world higher education despite Asia’s rise – but US public universities are falling far behind those private institutions.