Adrian College has announced that it will repay all or part of the student loans of new graduates who fail to get jobs that pay at least $37,000. Under the plan, the college will make all of loan repayments due for of those who don't have a job that pays at least $20,000, and then a portion of the repayments for those with salaries of $20,000 to $37,000. The idea behind the program, called Adrian Plus, is to reassure students and families that they can attend a private liberal arts college without fear of debt they can't manage upon graduation. Adrian officials stressed that, based on past patterns, the vast majority of students won't need to partipate in the program.
Noodle, the education company founded by John Katzman (who founded Princeton Review and the company now known as 2U), will today announce a new effort to make it easier for colleges to deal with all the requests they receive for data from rankings providers -- and to assure more common data. The Common Data Library will be open to any reputable ranker (a yet-to-be-determined panel of college officials will decide who qualifies) with which colleges want to share data. In theory, a college could avoid putting together separate data sets to share with the growing number of entities requesting the data. Katzman said that the approach not only would save colleges time and money (they won't be charged for the service), but would promote accuracy. He noted that -- because different rankings ask questions in slightly different ways -- single institutions can be listed as having differing tuition rates or other data points.
Among the more notable pieces of recent education research was a study finding that most of the high-ability, low-income students in the country never apply to a single competitive college, even though they would likely be admitted and be offered aid. The research found that active outreach, explaining to such students what their options are, and providing application fee waivers, can encourage more of them to apply. Today, state officials in Delaware, together with the College Board and representatives of Ivy League universities, Stanford University and the Massachusetts Institute of Technology, are announcing a plan to reach all such students in Delaware and to provide the kind of counseling that the research says could make a difference. Other Delaware high school students -- who may not be at as high levels of academic ability -- will also receive outreach, with college options that might work for them.
Those hoping to see the medical profession diversify may need to consider the way debt appears to affect different kinds of medical students, says an article published Monday in the journal PLOS One. The study -- by researchers at Columbia University -- asked medical students nationwide to estimate how much debt they would have upon graduating. The answers varied by racial and ethnic group, with 77 percent of black students estimating that they would owe more than $150,000. For other groups, the share was smaller: 65 percent of white students, 57 percent of Latino students, and 50 percent of Asian students expect to graduate with those debt levels.
Teenagers say graduating from college is highly important, but teens and their mothers worry about the price tag, according to a report released this month by Ascend at the Aspen Institute.
Researchers for report “Voices for Two-Generation Success: Seeking Stable Futures” conducted focus groups with married and single mothers, teens and preteens this summer to get their thoughts on the importance of education and the affordability of college, as well as on barriers to success, community support and other issues.
Teenagers expressed economic anxiety over their future. Almost all of the older teens said they worried about affording college and knew many people had high debt and student loans. Some said their parents will contribute financially to their educational pursuits. Other teens said they may take out loans or work while in school. Despite concerns, teenagers believe a college degree leads to financial security and success. “Because nowadays you need really a college education to have a steady job that could support you,” a preteen boy from Denver said in the report.
Mothers also said a college education is important for their children and allows them to have a career instead of a job and to work on a passion rather than trying to make enough money to pay bills and get by. “Go all the way in school,” a low-income mother from Denver said in the report. “All the way… It is probably the strongest foundation you can ever have. People can take your money, they can take your house, your car, but you will always have your education to fall back on.”
Only 73 percent -- a new low -- of freshmen at the University of Illinois at Urbana-Champaign this year are from Illinois, The Chicago Tribune reported. While some flagship universities (the University of Vermont, for example) have long had high percentages of out-of-state students, Illinois has not historically been such an institution. As recently as a decade ago, 90 percent of freshmen were from in-state. While the university has defended in general the push to admit more out-of-state students, Illinois officials said that their intent has been not to go below 75 percent from the state. But higher than expected proportions of admitted applicants from out of state (many of them international students) accepted admissions offers this year.
After several years of declines, California community colleges are seeing enrollment increases this year. Data released Wednesday by the community college system's chancellor's office indicated that the median percentage increase in enrollment is 2.5 percent, and a 5 percent increase in the number of sections. In contrast, last year at this time, the colleges were seeing an enrollment decline of 4.8 percent and a section reduction of 3.3 percent. College budgets are healthier in part due to a tax measure pushed by Governor Jerry Brown, a Democrat, approved by voters in November.
Enrollment is down 18 percent this fall at Midway College, a private institution in Kentucky, The Lexington Herald-Leader reported. As a result, the college is eliminating the positions of about a dozen of its 54 faculty members, and ending all employer contributions to retirement accounts. "As an institution that is so heavily dependent on tuition revenue, cuts have to be made," said John Marsden, the president, in a news release. "After exhausting all other options, some faculty contracts will be eliminated from this fiscal year in order to balance the budget."
Read more here: http://www.kentucky.com/2013/09/10/2814656/steep-enrollment-drop-brings-faculty.html#storylink=cpy