Private-college presidents often draw scrutiny for their hefty compensation packages, but most of them have a ready comeback: I could make a lot more money in the corporate world.
Eight Democratic senators are urging the U.S. Department of Education to investigate the tactics they say some for-profit colleges use to artificially lower the rate at which their former students default on federal student loans.
Compensation for private college presidents has continued to drift upward, while the number crossing the $1 million barrier – a signal of prestige, and a magnet for criticism – held steady at 36, according to a new survey.
Donald Farish, president of Roger Williams University in Bristol, R.I., always wanted higher education to become a major issue in a national election. He didn't mean unaffordable tuition rates. "Be careful with what you wish for," he said.
For the second straight year, the chief executives of 36 private U.S. colleges or universities earned more than $1 million in 2010, according to an annual study by the Chronicle of Higher Education.
Last year, leading lights in for-profit and nonprofit higher education convened in Washington for a conference on private-sector innovation in the industry. The national conversation about dysfunction and disruption in higher education was just heating up, and panelists from start-ups, banking, government, and education waxed enthusiastic about the ways that a traditional college education could be torn down and rebuilt—and about how lots of money could be made along the way.
The American Association of University Professors has issued an open letter expressing "growing concern" about academic and personal freedoms at a controversial new liberal-arts campus in Singapore founded jointly by Yale University and the National University of Singapore. It is yet another demonstration of the unease among many academics with American universities' global ambitions.
The debate about academic freedom at the new Yale-National University of Singapore (NUS) liberal arts college has continued unabated, with Singaporean opposition politicians and American university professors adding their voices to the barrage of criticism of the venture.
The Triad’s long-established private universities continue to invest heavily in new facilities, at the same time the Triad now hosts two new private schools, South University and Virginia College.
Wealthy donors to Ivy League universities can "buy a place" for their offspring, and admissions policies at elite U.S. universities are far less meritocratic than anything that would be accepted in Britain, the universities and science minister has argued.
The average sticker price of tuition and fees at private nonprofit colleges has jumped 13% since the 2007-08 academic year, even after accounting for inflation, and by 27% at public four-year schools, according to the College Board.
Now, Yale is seeking to export those values by establishing the first foreign campus to bear its name, a liberal arts college in Singapore that is set to open this summer. The ambitious, multimillion-dollar project thrills many in the Yale community who say it will help the university maintain its prestige and build global influence.
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.