State Rep. Leon Stavrinakis says quality and affordability are the two main goals for South Carolina’s higher-education institutions, and the company poised to buy the Charleston School of Law doesn’t appear to strive to meet either.
Grand Canyon University was bustling with activity on the second day of classes last week, with an on-campus student population now approaching 8,500, new dormitories and an athletic program ready to launch its first year in NCAA Division I as a member of the Western Athletic Conference.
For-profit schools — which include the University of Phoenix, DeVry University and Strayer University — began booming in the 1990s after changes in state and federal regulations made it possible for them to open campuses across the country and online.
A drop in tuition at nearby private universities has led to increasing enrollment patterns, whereas state-owned universities are hiking tuition prices while experiencing smaller enrollments.
Generous tuition discounts and aggressive recruitment campaigns are netting record freshman enrollments at some private universities in Western Pennsylvania while lower-cost, state-owned universities struggle.
U.S. private colleges and universities largely fall into two categories: those with diverse revenue streams supplemented by robust research, healthcare and fundraising, and those highly dependent on student-generated revenues, according to a new Fitch Ratings report.
A $250 million donation to Centre College won’t happen, and it’s a bit unclear why. College officials and the head of a Bermuda-based trust offered differing accounts Monday of the massive deal’s sudden collapse.
Students at for-profit medical schools in the Caribbean are amassing more debt than their peers at medical schools in the United States, and many of those students quit school early, thereby creating risk for taxpayers, according to an article in Bloomberg Markets magazine that examines trends at the Caribbean institutions. Some of those schools also pay hospitals in the United States to take their students for clinical training, a practice that has drawn the ire of some medical educators.
William Peace University, an 800-student liberal arts college in North Carolina, plans to spend as much as two-thirds of its endowment on a single piece of property.
Gov. Pat Quinn awarded Columbia $4.8 million July 31 to reimburse the college for previously completed construction projects, thus allowing it to move forward with new projects.
According to a study by Affordable Colleges Online, just one percent of the private colleges in the U.S. have a documented million-dollar return on investment (ROI): alumni whose lifetime earnings surpass those of non-degree holders by seven figures. The Polytechnic Institute of New York University (NYU-Poly) is among that select group, with an estimated $1.62 million return after taking into account tuition and fees. That figure ranks as the third highest in the nation.
For-profit colleges will join talks today in Washington as they try to soften an Education Department proposal that sets limits on student debt levels.
U.S. Senator Dick Durbin called for an examination of for-profit medical schools in the Caribbean that have access to federal student loans yet may be subject to standards below those set for medical students in the U.S.
Real-estate mogul and reality TV star Donald Trump is no stranger to the spotlight — but he can’t be reveling in the attention he’s receiving now. On August 24, New York Attorney General Eric Schneiderman sued the Trump Entrepreneur Initiative, a for-profit school run by Trump, claiming that it tricked students into paying thousands of dollars for courses that failed to provide promised instruction on real-estate business techniques. If these allegations are true, it’s a warning that at least some of what purports to be nontraditional for-profit education can be an old-fashioned rip-off.
The U.S. still dominates QS’ leaderboard with 11 institutions cracking the top 20. However, all 11 are private universities. The highest-ranked public school is the University of Michigan at No. 22. Researchers point to budget cuts.
Some years ago, there was a survey conducted by a couple of national nonprofit leadership organizations to ascertain the “core values of the nonprofit sector.” How do the ever-rising salaries of private university presidents—while faculty salaries stagnate and tuition costs to students skyrocket—reflect the core values of the nonprofit sector? Jaeah Lee and Maggie Severns writing for Mother Jones note that a number of private universities—and, to be fair, public universities as well—are providing pay and perks to university presidents that are kind of mind-boggling.
Hawai‘i Pacific University climbed 10 places in the top Regional Universities in the West in U.S. News & World Report’s “Best Colleges 2014,” released today. That comes on the heels of a six-place jump in last year’s ranking, school officials noted.
Adrian College, a small, private school in Michigan, says it will make all or part of a student's loan payment until the individual makes more than $37,000 a year.