WASHINGTON -- A proposal by the U.S. Department of Education to assess the performance of vocational programs and most course offerings at for-profit institutions by linking the prices they charge to their graduates' salariesmay have hit a wall Wednesday as concerns surfaced publicly that the department was reaching outside its statutory purview to place price controls on higher education.
Tuition discounting reached record high levels at private colleges and universities in 2008, and the largest share of that aid was awarded without consideration of students’ financial need, according to a report released Tuesday by the National Association of College and University Business Officers (NACUBO).
It's been a politically popular move for lawmakers to bail out prepaid college tuition plans that are now going broke, but doing so raises some potentially troubling questions of equity. Indeed, these bailouts could have the net impact of forgiving investment losses for middle- and upper-income families at the expense of low-income people, higher education researchers say.
Private, nonprofit colleges will hike tuition and fees by an average of 4.5 percent in the coming academic year, outpacing inflation while still holding close to last year’s nearly 40-year low increase rate, according to a survey released Tuesday by the National Association of Independent Colleges and Universities.