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I have spent most of the last year digging into the topic of heightened cash monitoring (HCM), perhaps the federalgovernment’s most important tool in its highereducation accountability toolbox at this time. This seems like an obscure topic, but it affects a substantial portion of American highereducation.
Highereducation institutions have a huge impact on our economy, because schools play a major role in educating the future workers of our society. For many, due to the fact that the cost of tuition has been rising faster than income levels, highereducation may seem financially out of reach. by Isabel Thottam.
” Reynolds added that if the state had “provided the federal funding as requested and it was used to finance debt or other impermissible uses according to US Treasury guidelines, the state and taxpayers could have been liable for potential repayment to the federalgovernment.”
And no wonder—in 1990, state-per-student funding was almost 140% more than that of the federalgovernment. But in the last two decades, the gap between state and federal funding narrowed, with state funding per student only 12% above federal levels in 2015. And presidents know it.
Drumm McNaughton Perspectives of a long-time R1 / AAU president that current presidents can put into use to overcome current challenges in highereducation. In this episode, Dr. Drumm McNaughton invites Dr. Brit Kirwan back to discuss the dynamic and challenging landscape of highereducation.
The Debt Collection Improvement Act set a minimum floor of income below which the federalgovernment cannot offset Social Security benefits and subsequent Treasury regulations established a cap on the percentage of income above that floor. 65 For those that do apply, only a fraction get relief.
Now, there is a new analysis based on the Federalgovernment’s College Scorecard that ranks 4,000 highereducation institutions, providing prospective students with a clear and detailed view of their earning potential with specific majors, from which colleges and universities, and how quickly graduates pay off their loans.
Im incredibly proud of the Biden-Harris Administrations historic achievements in making the life-changing potential of highereducation more affordable and accessible for more people. The table below compares the progress made by the Biden-Harris Administration in these key discharge areas compared to other administrations.
More state highereducation systems should train boards on how to hire excellent presidents and how to partner with them to improve student outcomes and close equity gaps. Universities need to reorient doctoral programs, teaching less theory and technical skills and more about how to lead scaled student success reforms.
The Winter 2023-24 collection includes the following survey data: Graduation Rates for selected cohorts; Outcome Measures for cohort year 2015-16; Student Financial Aid, academic year 2022-23; and Admissions, Fall 2023. 15 (SPD 15): Standards for Maintaining, Collecting, and Presenting Federal Data on Race and Ethnicity.
Hussian, in 2018, had expanded by taking over Tennessee-based for-profit Daymar College , a school that had in 2015 agreed to a $12.4 million settlement to end a lawsuit, alleging deceptive practices, brought by Kentuckys attorney general. For academic year 2021-22, the last year for which the U.S.
12 December · Episode 185 AAUP Report on Political Interference in HigherEducation 49 Min · By Dr. Drumm McNaughton McNaughton and Reichman cover the processes and conclusions of the AAUP report, emphasizing the detrimental effects on academic governance, academic freedom, and the well-being of faculty and students.
From Profit to Loss: The $340 Billion Shift According to the Committee for a Responsible Federal Budget (CRFB), the estimated federal cost of student loans issued between 2015 and 2024 has increased by $340 billion transforming from a projected gain of $135 billion in the 2014 baseline to an expected loss of $205 billion in the 2024 baseline 15.
26 December · Episode 187 2023 HigherEducation Year in Review and 2024 Predictions 55 Min · By Dr. Drumm McNaughton Join us in our 2023 HigherEducation Year in Review and Predictions for 2024. Join us in our 2023 HigherEducation Year in Review and Predictions for 2024.
The HigherEducation Inquirer is now working with Ann Bowers and the Debt Collective to restore GI Bill benefits to veterans preyed upon by for-profit colleges.] I was part of a group of former students that launched a 7-year long student debt strike to win loan cancellation from the federalgovernment. I should know.
The Biden Department of Education announced today it has approved $4.5 It also announced it would seek to ban Andrew Clark, the CEO of Ashfords demised parent company, Zovio, from contracting with the federalgovernment. A 2015 settlement with the CFPB forced Ashford to discharge $23.5
The future of the US Department of Education: 8 tips for journalists covering the agency under Trumps second term by Denise-Marie Ordway, The Journalist's Resource January 23, 2025 The U.S. Department of Education, one of the federalgovernments smallest Cabinet-level agencies, operates programs across every level of education.
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