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This spring is going to be quite busy for me with three faculty searches, our once-a-decade academic program review, the most travel for presentations that I have had since before the start of the pandemic, and responding to a host of media and policymaker requests about what will be happening over the next few months. Understanding budgets.
Department of Education laid off nearly all federal staff responsible for managing, analyzing and interpreting higher education data through the National Center for Education Statistics. Much of the media was focused on challenges to DEI, the loss of research grants and immigration visits to campuses.
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. Financial Literacy: Virtual and in-person training is provided to students.
You can join the conversation on social media using #EABOfficeHours. So really for the last five years, as we've been doing our work and our resource optimization initiative to make certain that the university's finances, we're not only sound, but that our dollars within our budget flow into priorities. November 14, 2023.
The Education Department on Tuesday unveiled the details of its planned overhaul of income-driven repayment, which could transform the financing of higher education by providing more generous student loan repayment and forgiveness terms. Over all, the changes are expected to have a net budget impact of $137.9
With an annual budget of about $242 billion, it helps fund approximately 98,000 public schools and 32,000 private schools serving kindergarten through grade 12 as well as thousands of colleges, universities, vocational schools and other higher education institutions.
Tom Netting 09:36 An argument and concern of those in opposition is that eliminating this debt puts pressure on the overall fiscal budget and forces taxpayers, who were not responsible for signing on to attain the debt or attain the actual resources, to be responsible for the repayment of those loans. Tom Netting 12:51 Yeah.
These developments have immediate and long-term consequences for college presidents, boards, financialaid departments, and the students they serve. Critical Functions Cut: Whats Gone and Whats Left Federal Student Aid (FSA) FSA was among the hardest-hit divisions. Many of these offices are now closed.
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