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Interest rate changes could challenge universities, student loans and post 16 and vocational education

SRHE

This week we look set to see these challenges increase with the possible increase in the base interest rates by the Bank of England (the “Bank Rate”) to 5.5% when the Monetary Policy Committee next meets on Thursday 21st September ( Guardian , Financial Times , 24 August 2023 ). This impact looks set to continue and increase in 2024.

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Tennessee State cites past underfunding as cause of problems

Confessions of a Community College Dean

Mumpower told lawmakers that university leaders should have foreseen a housing crisis, given that it more than quadrupled its 2022–23 scholarship budget to $28.3 “In the fall of 2021, management decided to conduct an extensive recruiting campaign to bring in more students, which by itself is not an issue.

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Dual enrollment can be costly for community colleges

Confessions of a Community College Dean

The paper offers strategies for colleges to run dual-enrollment programs without breaking the bank. percent of its total budget. “We’re saying, no, you need to recruit these students.” Some modes of instruction are cheaper than others, according to the paper. percent and 2.8

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Your student loan payments are due: 3 strategies to support community college students’ financial wellness

EAB

With more than two-thirds of community college students requesting aid annually, 30% being Pell-eligible, 16% being single parents —and inflation at a perilous high—everyone is feeling the effects of one more line-item in the household budget each month. As mentioned previously, finances are the leading reason students stop out of college.

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Governance as a topic in Higher Education Studies

SRHE

The OED offers no more than “The act or manner of governing” and, misleadingly in respect to universities, defines a governing body as “the managers of the institution” ignoring the concept of ‘shared governance’ between governing bodies and senates implicit historically in the constitutions of most pre-1992 universities.