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Highereducation is one of the most powerful assets our state has to uplift families, support businesses, and create prosperity. A credential earned after high school changes an individual’s career trajectory and typically leads to higher wages and more stable employment. And it is not just about a job.
NACUBO also found that colleges increased their endowment spending, with dollars increasingly flowing toward institutional operating budgets, largely focused on studentfinancialaid. Colleges tapped into their endowments for a variety of reasons, but primarily for studentfinancialaid.
Image: Highereducation administrators say a change in the federal studentaid formula could mean lower levels of financialaid for children whose parents run family farms or small businesses, and they want Congress to take action. “But all of a sudden, now it is.” ” Thomas L.
“It’s about setting up that mind-set: even though you don’t have a full-time job, the concept of saving, the concept of living within your means, budgeting,” shares Dana Kelly, vice president of professional development for the National Association of StudentFinancialAid Administrators.
The Education Department announced last month that it would revisit nearly three decades of policy making under Title IV of the HigherEducation Act that has largely restricted colleges from paying recruiters based on how many students they enroll. ” Colleges have given OPMs too much authority over their programs.
The institutions lost 13 percent of their employees nationally from January 2020 to April 2022, according to an estimate from EAB, a highereducation consulting firm. She also noted that a growing lack of financialaid officers at the colleges risks slowing down the processing of studentfinancialaid paperwork.
Lindsey Tepe, assistant vice president for governmental affairs for the Association of Public and Land-grant Universities, said the report’s data are a “powerful reminder” of how many students relied on the COVID-19 emergency aid. The department has not previously reported the estimate of students who received aid.
1, would help build a highereducation system that grows the middle class, drives the economy forward and prepares students for highly skilled jobs. The budget request assumes that the administration moves forward with the debt-relief plan, Education under secretary James Kvaal said during a briefing for reporters.
The states allege that the plan would harm state revenues and agencies that hold student loans, while the Texas individuals take issue with the fact that they didn’t have a chance to comment on the proposal. MOHELA is not a part of the lawsuit, and Prelogar said the agency would have standing if it sued. Is this diversity newsletter?:
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