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  4. Mar2017

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    177 Private Colleges Fail Education Dept.'s Financial-Responsibility Test "According to a Chronicle analysis of data released on Tuesday, 177 private colleges that grant degrees failed a U.S. Education Department test for financial responsibility in the 2014-15 academic year. That's 18 more than the previous year," according to The Chronicle of Higher Education. "Of the institutions that failed, 112 are nonprofit, and the remaining 65 are for-profit. In the previous year, 93 of the 159 failing institutions were nonprofit. The department considers an institution’s debt and assets, among other factors, in giving it a score ranging from -1 to 3. Scores lower than 1.5 are considered failing. The department’s methodology in devising the scores has drawn sharp criticism in the past from some higher-education groups. The latest scores cover the institutions for fiscal years ending between July 1, 2014, and June 30, 2015. Several of the colleges have closed since the 2014-15 academic year. Some, like Dowling College, in Oakdale, N.Y., previously failed the financial-responsibility test, while others, like Saint Joseph’s College, in Rensselaer, Ind., passed it." NASFAA's "Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented. Publication Date: 3/10/2017
    6 years ago by @prophe
     
      Mar2017USAEnglishFinancialDepartment_of_Education
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      For those that draw the line in the sand at $5.00 for a “penny stock,” Aspen Group, Inc. (OTCQB:ASPU) may be able to graduate out of penny-stock-land soon. Trading as low as $1.52 last July (and $1.21 in January 2016), the company has found a solid uptrend to tip the scales at $4.44 in December for its current 52-week high. After a pullback from that high, shares are moving up again, including a 7.7% climb in morning trading to $4.04 on Friday. Shares are being driven by the New York City-based post-secondary education company issuing two substantial pieces of news after Thursday’s closing bell. First, in the third quarter of fiscal 2017 (ended January 31, 2017), Aspen reported revenue of $3.74 million, up 73% from the year prior quarter. The company swung to a profit, with net earnings of $7,377 versus a net loss of $689,718 a year earlier. Aspen also had a record number 825 new student enrollments during the latest quarter, a 50% year-over-year increase. Separately, the company said it signed a letter of intent to acquire an unnamed regionally accredited for-profit university based in California for $9.0 million. Payment will come in the form of $2.5 million in cash, $2.0 million in convertible debt and $4.5 million in ASPU common stock. $900,000 of the $2.5 million cash component will be lent to a newly-formed entity controlled by the loan’s guarantor who owns 100% of the voting power of the university.
      6 years ago by @prophe
       
        Mar2017USAEnglishfor-profit
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        The law school once boasted bar-passage rates of more than 90 percent but has seen its percentages drop to about 25 percent among first-time test takers. A for-profit law school in downtown Phoenix that is struggling with falling bar-passage rates is moving to affiliate with one of the country’s historically black colleges and universities. Arizona Summit Law School has signed an affiliation agreement with the private, nonprofit Bethune-Cookman University in Daytona Beach, Florida. The law school, founded in 2004, once boasted bar passage rates of 97 percent but has seen its percentages drop to 25 percent among first-time School officials said they have made several changes aimed at improving bar passage, and that the affiliation with Bethune-Cookman will enable them to benefit from the university's academic support services and marketing. A university official also will serve on Arizona Summit's board of trustees. The deal would allow both schools to pursue their objectives of diversifying the legal profession, officials said. "This enables us to take it to a much higher level sooner, swifter and with greater impact," Arizona Summit President Donald Lively said. Bethune-Cookman President Edison Jackson said in a statement, “Together, we aim to be a leading force in disrupting a legacy of exclusion that has persisted into the 21st century.” The affiliation needs the approval of several accrediting bodies, including the American Bar Association and the Arizona Board of Private Postsecondary Education. The agreement doesn't make Arizona Summit a nonprofit school. However, Lively said the school is working toward nonprofit status. Summit’s owner, InfiLaw Corp., also owns law schools in North Carolina and Florida, and the parent company has been controversial in legal circles. A sister school, the Charlotte School of Law, was put on probation by the American Bar Association last year for two years because of concerns over its bar-passage rates, and the U.S. Department of Education in December yanked the C
        6 years ago by @prophe
         
          USAMar2017ArizonaLawprivatenon-profit
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          Provincial minister for Higher Education Commission, Syed Raza Gillani, has announced that distribution of laptops among university students will start from 13th March. A total of 115,000 laptops will be awarded to deserving students from public sector universities. This announcement was made during a departmental meeting at Civil Secretariat on 8th March. Secretary Higher Education Department Naseem Nawaz and representatives of private universities and Punjab Higher Education Commission attended the meeting. Share of public and private universities According to Prime Minister’s Laptop scheme, only public sector university students were eligible to enroll in the program. This meant that around 110,000 laptops were to be distributed to deserving students enrolled in public universities. However, Punjab government has decided to award additional 5,000 laptops to students from private universities. Talking about this change in policy, Raza Gillani said that provision of laptops to private universities is another ‘first’ of Punjab government. He further added that this would help the students to improve their access to the latest knowledge-trends. Schedule of distribution Distribution of these laptops will start from 13th March. Public sector universities will be the first to get these laptops, with private sector universities coming later down the road.
          6 years ago by @prophe
           
            Mar2017PakistanLaptopEnglish
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            The notice under Rule 116 was moved by Congress MLAs Punjabhai Vansh, Mahendrasinh Baraiya, Hirabhai Patel and Mansinh Chauhan. The Gujarat government, on Friday, said that it is actively considering to conduct admissions of professional medical courses at Sumandeep Vidyapeeth, a deemed university at Waghodia of Vadodara and other such universities through the common counselling procedure to be done by the state government. Health Minister Shankar Chaudhary said this from the floor of Gujarat Assembly while making a statement on a discussion under Rule 116 of the Assembly on reports of authorities of Sumandeep Vidyapeeth taking bribes from medical students to get them passed in the examination. The notice under Rule 116 was moved by Congress MLAs Punjabhai Vansh, Mahendrasinh Baraiya, Hirabhai Patel and Mansinh Chauhan. The Congress MLAs alleged that commercialisation of education in Gujarat had resulted in large-scale corruption and the Sumandeep Vidyapeeth incident had caused a sense of fear among the parents and students. President of Sumandeep Vidyapeeth Mansukh Shah and two others were arrested by the Anti-Corruption Bureau for accepting a bribe of Rs 20 lakh from mother of a girl student for letting her fill her medical examination papers last month. Giving a reply on the notice, Chaudhary refuted the allegations levelled by opposition Congress and said that taking due seriousness of the complaint lodged by the mother of the girl student, ACB had conducted decoy operation and then arrested total three persons, including Mansukh Shah. Investigation of the case is on. Chaudhary then said that Sumandeep Vidyapeeth is a deemed university which conducts admissions of various medical examinations on its own while also deciding its fees.
            6 years ago by @prophe
             
              IndiaMar2017Englishcentralized
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              WAXAHACHIE — Academic Excellence: two puissant words that all schools and university aim for and contend to be the best. Out of 47 private colleges in Texas that offer online courses, Southwestern Assemblies of God University has ranked in the top five of online colleges in Texas by Affordable Colleges Online for the 2016-2017 school year. According to AffordableCollegesOnline.org, "Texas is second in the nation in the number of institutions offering online degree programs. In Texas, online degree programs are designed to provide the same academic quality and rigor as their campus-based equivalents, but with the flexibility and convenience of 24/7 remote access. There are notable schools in the Lone Star State that merit recognition." With an overall high score of 98.71 for it's 53 online programs, 16:1 student-teacher ratio, and 73 percent financial aid assistance, SAGU ranked No. 4 in the poll and stood out amongst larger schools that include Dallas Baptist University, University of Houston-Victoria, and Wayland Baptist University. As stated by the website, "The colleges that made the list of the Best Online Colleges in Texas for 2016—17 have a demonstrated a record of excellence in delivering online programs and support to students at the post-secondary level." Affordable Colleges Online ranked the best online colleges in the state with information gathered by researchers and postsecondary experts. The organization's goal is to find colleges that offer a balance of academics, student support, and affordability concerning online education. Factors considered in the ranking process included in-state tuition and fees for undergraduate students, the percentage of students receiving scholarships or grants from the college, and availability of job placement services for students and graduates. Within SAGU's online programs, the school offers both bachelor and master's degrees in Education, Theology, and Psychology, continuing to grow in other areas of interest. Many of these programs are also available in fast-trac
              6 years ago by @prophe
               
                Mar2017USATexasonlineEnglish
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                Nearly 15,000 Syrians are enrolled in Turkish universities as of the 2016-2017 academic year, Higher Education Board (YÖK) head Yekta Saraç has said. One thirds of Syrian university students are women and the rest are men, while 3,473 Syrian students in the country are receiving education as a part of the special “Turkey Scholarship” program, Saraç added. “Among the overall Syrian student population, 1,149 are postgraduate and 352 are doctorate students. Around 2,000 are receiving education in foundation universities,” he said at a conference on Syrian participation in higher education at Mustafa Kemal University in the southern province of Hatay on March 9. “The fact that the number of Syrian students receiving education in universities [in Turkey] rose to 15,000 this year from 5,000 in 2014-15 and from 10,000 in 2015-16 shows a rapid increase … There are students receiving education on every spot of the Turkish map,” Saraç also stated. Noting that Gaziantep University in the southeastern province of Gaziantep tops the list with 1,680 Syrian students, Saraç added that Istanbul University and Karabük University in the Black Sea province of Karabük are second and third on the list. “Istanbul University follows Gaziantep University with 1,000 students and Karabük University follows it with 927 students. Mersin University, Kahramanmaraş Sütçü İmam University, İnönü University, Çukurova University, Istanbul Aydın University, Yüzüncü Yıl University and Sakarya University are next on the list,” he said. “The example of Karabük University shows that the number of students can be high even in provinces where Syrians are not densely populated. This is related to the number of Syrian lecturers the university employs,” Saraç said. There are currently Syrian students in 35 state and eight private universities across the country, he added. He also referred to the YÖK’s new system for foreign academics launched last year, noting that this system will make it easier for the “eligible Syrian population to participat
                6 years ago by @prophe
                 
                  Mar2017SyriaTurkeyEnglish
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                  Taylor’s University is ranked no. 29 in the world for Hospitality & Leisure Management Taylor’s University today achieved a global milestone through recognition in the QS World University Ranking by Subject results which positioned the university as number one in Malaysia and top 30 in the world for Hospitality & Leisure Management. Taylor’s University placed alongside renowned universities in Asia, including Hong Kong Polytechnic University and Nanyang Technological University, Singapore for the top 5 ranking for the subject. Taylor’s University Vice Chancellor & President, Professor Michael Driscoll shared his elation over this accomplishment, sharing that this accolade further solidified Taylor’s strong standing in this area. “As Taylor’s University moves to the next chapter towards balanced excellence, this accomplishment provides us with a stronger foundation as we continue to attract the best talents, collaborate with the best partners globally and produce the best graduates who make a difference in their communities, wherever they are in the world. This international recognition reflects our perseverance and dedication to provide the highest of quality undergraduate teaching and learning, and a testament of our outstanding academic reputation, employer reputation and our research capability in this particular field,” shared Professor Driscoll. He added that this achievement is indeed an important milestone for Taylor’s, a young, dynamic and ambitious university, in line with its aspiration of becoming one of Asia’s top 100 universities by year 2022. In addition to the recognition for hospitality and tourism management subjects, Taylor’s is also the only private university in Malaysia to receive recognition for the subject of Art & Design, making it to top 200 in the world and top 2 placing in Malaysia, alongside Universiti Sains Malaysia (USM). Universiti Teknologi Mara (UiTM) made it to third placing for this subject in Malaysia. These accomplishments signal that the quality of the teachin
                  6 years ago by @prophe
                   
                    Mar2017Malaysiatop_rankshospitalityEnglish
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                    Seven Missouri private colleges and six from Kansas have failed a U.S. Department of Education test of their financial responsibility during the 2014-2015 academic year. The Chronicle of Higher Education this week released analyzed data that found 177 degree-granting colleges across the country failed the test, 18 more than had failed the previous year. Most of those failing were nonprofits. Only 65 of the failing schools were for-profit institutions. Among them was Wright Career College, a for-profit private school that was based in Overland Park and closed in April 2016 after going bankrupt. The Chronicle of Higher Education reported that in determining whether an institution passes or fails, the Education Department considers an institution’s debt and assets, among other factors. Scores given range from negative-1 to 3, and any score below 1.5 is considered failing. These schools are subject to cash monitoring and other federally imposed requirements. A school could raise concerns about its financial responsibility and end up on the monitoring list for late financial statements, outstanding liabilities and accreditation issues. The scores are made public by the federal Education Department as some broad indication of the financial health of thousands of two- and four-year schools. The idea is to give tuition-paying students and parents a better look at what their money is buying and how it’s being used. “The department’s methodology in devising the scores has drawn sharp criticism in the past from some higher-education groups,” the Chronicle of Higher Education reported. Among the schools in Missouri listed with a failing score for the 2014-2015 academic year is Westminster College in Fulton with a score of 1.1. But school officials said the college has subsequently improved performance and the reported score “does not reflect our college’s current financial conditions,” said Lana Poole, college spokeswoman. Poole said Westminster’s composite score for financial responsibility would increase to 2.7 fo
                    6 years ago by @prophe
                     
                      Mar2017MissouriKansasEnglishUSAFinancial
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                      BOND University at Robina has been listed in the prestigious global top 20 universities in the Times Higher Education (THE) Rankings of the Best Small Universities in the World. The private, not-for-profit university placed number 20 in the global ranking thanks to its personalised teaching philosophy and outstanding student experience which translates to extraordinary student satisfaction ratings. The Best Small Universities list acknowledges universities with an unparalleled reputation for delivering personalised learning and creating an environment that fosters a strong sense of community. It is topped by the California Institute of Technology (CalTech) which is also ranked this year as the second best overall university in the world, behind Oxford. Bond University is the only university in the southern hemisphere to be included in the global top 20. Bond University Vice-Chancellor and President, Professor Tim Brailsford, said the ranking was recognition of Bond’s never-ending and priority focus on the students and their learning experience. “Our point of difference has always been creating an environment that focuses on a personalised approach to learning and a student’s education, so that each and every student has the opportunity to realise their ambition; and this global ranking is recognition that we are delivering on our promise,” he said. “There are some truly outstanding universities in this list and we are quite humbled to be included in such company. “For one of Australia’s youngest universities we have come a long way in a very short period of time.” Bond was also recently ranked as Australia’s number one university for student experience for the 11th consecutive year in the 2017 Good Universities Guide. Business student Alice Ringelstein said she chose to study at Bond because of its smaller size, which enabled her to spend more one-on-one time with her teachers and gain the most out of her experience. “The small class sizes at Bond have given me the opportunity to participate in stimula
                      6 years ago by @prophe
                       
                        Mar2017AustraliayoungprivatesmallEnglishtop_ranks
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