Alabama Governor Robert Bentley, a Republican, on Monday released an audit he commissioned that found possible fraud and waste, conflicts of interest and poor governance at Alabama State University, The Montgomery Advertiser reported. The governor's office said that the report had been turned over to state and federal authorities. Further, the governor called on Alabama State's board to stop a search for a new president until some of the issues raised in the audit could be resolved. The university responded with a statement saying that the governor had violated an agreement to allow Alabama State officials to review and respond to the findings. The university's statement questioned many of the findings, and said that the findings were suspect because they came from "a firm that was handpicked by the governor without a bid and was paid for by funds under his control."
Higher Education Quick Takes
The Task Force on American Innovation, a coalition of industry and scholarly groups, on Friday wrote to Congressional leaders to urge increased focus on promoting innovation in the American economy. "The many companies, universities, and scientific societies that this task force represents share their view that our role as the world’s innovation leader is in serious jeopardy due to inadequate federal support for research and STEM education," the letter says. "We believe that America must maintain a commitment to its competitiveness and future innovation capabilities. This commitment is vital to short- and long-term economic growth, especially in the competitive global economy."
Three professors were honored this morning with the 2013 Nobel Memorial Prize in Economics for "their empirical analysis of asset prices." The three are: Eugene F. Fama, the Robert R. McCormick Distinguished Service Professor of Finance at the University of Chicago; Lars Peter Hansen, David Rockefeller Distinguished Service Professor in Economics and Statistics at the University of Chicago; and
Robert J. Shiller, Sterling Professor of Economics at Yale University.
Florida Governor Rick Scott, a Republican, has encouraged the state's colleges (most of them former community colleges) to develop plans for $10,000 bachelor's degrees (for four years of expenses). But The Sun Sentinel reported that not all of the programs announced have actually started, and that it is unclear just how much demand exists. Broward College, for example, opened registration for such a program a month ago, with 80 slots. To date, no one has signed up.
California's governor, Jerry Brown, last week signed a bill that seeks to nudge the state's public institutions to comply with ambitious transfer pathway legislation. The new law sets a series of timelines for community colleges to create curriculums and begin offering transfer degrees. It also requires the California State University System to accept those degrees whenever possible.
Florida, like many states, has a searchable registry of sex offenders. But for the first time, the registry offers a higher education search, so users can find out if there are sex offenders enrolled at or working at specific colleges and universities, The Sun Sentinel reported. In almost all of the cases, the offenders are students. One Florida college, Edison State College, is currently considering a complete ban on the enrollment of sex offenders, The Naples Daily News reported.
The Horace Mann School, an elite private high school in New York City, informed parents that an anonymous person has written to colleges with the goal of damaging the admissions chances of one of the school's students, New York Magazine reported. The school has contacted the admissions offices that received the material to try to undo the damage. A letter sent by Canh Oxelson, director of college counseling, to parents said: "In 20 years of college admissions, I have never witnessed anything so disrespectful.... For a student to have worked so hard for so many years, only to see those efforts jeopardized by an act of sabotage, is absolutely unconscionable."
A new report from the National Bureau of Economic Research (abstract available here) finds that college and university endowments change their policies on spending rates regularly -- a finding that was not expected. "Given the long-term and relatively static nature of the investment problem faced by the typical educational institution, existing theoretical models of endowment management predict that the permanent portion of the stated spending policy should be highly stable," the report says. But based on an analysis of more than 800 college and university endowments from 2003 through 2011, the study found that half of the endowments changed spending policies at least once, and a quarter did so every year.
Most of the discussions and lawsuits over concussions are coming from football players, but one former Samford University soccer player entered the fray last week, with a lawsuit against the National Collegiate Athletic Association arguing that the association didn’t do enough to educate athletes on the dangers of head trauma. Mary Shelton Wells’s athletic career ended in 2010 due to a brain injury sustained while playing soccer, WPMI Local 15 in Alabama reported.
The NCAA is facing multiple concussion lawsuits, some class action, filed by former football players. The National Football League recently agreed to pay $765 million to settle a lawsuit by former players who argued the NFL deliberately concealed the dangers of head trauma.