Quick Takes: 3 More Lenders Settle With Cuomo, Emerson Fires Dean, General Counsel Threatens Suit Against President, Motive Seen for Graduation Threats, MiraCosta President Quits, Second Search Yields Iowa President, $150M for UCSF
Submitted by Doug Lederman on June 21, 2007 - 4:00am
New York Attorney General Andrew M. Cuomo announced Wednesday that three more student loan providers had agreed to abide by the code of conduct he has been promulgating to restrict the relationships between lenders and college officials. National City Bank, Regions Financial Corporation, and Wachovia Education Finance all said they would abide by the code, which bans payments by lenders to colleges to gain "preferred lender" status and the provision of gifts, trips or other benefits to college financial aid officials by lenders, among other things. With the agreement signed by Wachovia, the six largest student loan providers in the country have signed on to the New York attorney general's guidelines.
Emerson College, in Massachusetts, has fired Daniel Pinch as dean of enrollment, a week after a Congressional report revealed that he earned consulting funds from a company that the college was recommending to students for student loans, The Boston Globe reported. Last week, Pinch told the newspaper that he did not believe he had done anything wrong.
The general counsel of Florida Gulf Coast University is threatening to sue the university's interim president for placing her on leave and keeping her out of an inquiry into a complaint about possible violations of the federal law requiring gender equity in college sports, The News-Press reported. Wendy Morris, the general counsel placed on leave, said she didn't even know about the complaint until it was discussed in a campuswide e-mail message. A university spokeswoman declined to comment on why the institution's chief lawyer had been placed on leave.
Police documents filed in the case against the former student accused of leaving threats and bombs to disrupt last week's graduation ceremony at the University of California at Riverside have revealed his alleged motive: The Press-Enterprise reported that the former student didn't want to tell his parents that he had dropped out and wouldn't be graduating.
The controversial president of MiraCosta College, Victoria Muñoz Richart, resigned Wednesday, following a series of controversies that led faculty leaders to vote no confidence in her leadership, The San Diego Union-Tribune reported. Richart issued a statement saying that she had accomplished her goals for the college in the last three years.
The Iowa Board of Regents is today expected to name Sally Mason as the next president of the University of Iowa, The Des Moines Register reported. Mason, provost of Purdue University, is a biologist who rose through the ranks at the University of Kansas before moving to Purdue. She also led a working group of the National Association of State Universities and Land-Grant Colleges that last year put forward the idea -- currently proceeding -- for the association to create a new voluntary assessment and reporting system. Mason's selection follows a second search for a president to replace David Skorton, who left Iowa last year to become president of Cornell University. A first search imploded in November, when the regents rejected all the finalists then under consideration, infuriating faculty leaders who questioned the motives of some regents.
An anonymous donor has pledged $150 million to support research at the University of California at San Francisco's Comprehensive Cancer Center, The San Francisco Chronicle reported.