A report released this month by the U.S. Treasury Department shows a correlation between state budget cuts to community colleges over the past decade and a growth in enrollment at for-profit colleges.
Between the 2011-2012 and 2012-2013 school years, published tuition and fees at private, nonprofit colleges rose by 3.9%. While students may initially think this is bad news, the National Association of Independent Colleges and Universities (NAICU) reports that it was the lowest rate of increase in at least four decades.
Savvy families shopping for college know that tuition typically rises faster than inflation. So Lauren Seely and her parents in Northwest Washington were startled to learn this year that an upper-tier private college on her short list had frozen its price.
Between the 2011-2012 and 2012-2013 school years, published tuition and fees at private, nonprofit colleges rose by 3.9%. While students may initially think this is bad news, the National Association of Independent Colleges and Universities (NAICU) reports that it was the lowest rate of increase in at least four decades.
However, the amount of legal threats, lawsuits, hacking attempts, domain hijacking attempts, and so forth on the part of for-profit institutions around the world (especially from the US and Canada) is something that we deal with every single day.
The fledgling campaign by some private college presidents to persuade their peers to wean their institutions from financial aid awarded without regard to students’ financial need has not exactly caught fire.
The university announced on Tuesday that it had created a business school with values it said would be “distinctively Catholic and character based.” The school seeks to define itself by infusing business courses with “morality and a sense of service.”
Apollo Group Inc. (APOL), owner of the University of Phoenix and the biggest U.S. for-profit college, said first-quarter earnings fell 11 percent as new enrollment declined for a third straight quarter.
A group of private-college presidents is taking a first step toward publicly opposing the rising use of merit-based financial aid and the decline in need-based aid. The move comes via a draft pledge unveiled at the Council of Independent Colleges' annual Presidents Institute here.
At the University of Evansville, a private institution in Indiana, tuition for students who enter next fall will be the same ($29,740) as it is now. And the price will be locked in for the four years those students are in school; the price also will be locked in for current students as they finish their bachelor’s degrees.
Harvard, Yale, Stanford, the University of Chicago, Emory University and probably all of their peers have laudable missions: for their graduates to contribute to society. But these five institutions share another thing: none of their endowments is a member of the UN-backed Principles for Responsible Investment (PRI), write Robert G Eccles and George Serafeim for Bloomberg.
Newly-released internal training documents from several for-profit colleges illustrate a culture that encourages recruiters to increase enrollment by focusing on emotions such as "pain" and "fear" to attract low-income students who are struggling with adverse personal and financial circumstances.
Three Vermont private colleges announced today they plan to form a consortium to reduce costs associated with purchasing supplies and services common to all three institutions.
The demand for four-year college degrees is softening, the result of a perfect storm of economic and demographic forces that is sapping pricing power at a growing number of U.S. colleges and universities, according to a new survey by Moody's Investors Service.
Shirley Ann Jackson, president of the Rensselaer Polytechnic Institute, was the highest paid private college president in 2007-2008, according to a report published today by The Chronicle of Higher Education.
Private colleges in Pennsylvania already face difficult finances and unpredictable enrollments as the recession cuts into both their own endowments and what families can afford.
In an economy where money is tight and everyone's looking for a bargain, Florida's most expensive universities are attracting more students than expected.