Inflation, decreased school endowments and state budget cuts are causing university tuition to rise by up to 9%. As a result, most colleges are choosing to pump up their financial aid packages and scholarship programs to cushion the blow to students.
To curb the deepening student loan crisis, the Department of Education aims to impede the abuse of federal funding at for-profit colleges by forcing school leaders to assume personal liability for unpaid institutional debt.
When it comes to accelerating return on investment on price and outcomes, an abundance of career-oriented majors and thriving technical colleges are essentials for campus leaders.
Also concerning is that nearly a third of college gamblers reported spending less on food or running up credit card debt to fund their gambling habits.
Holy Names University had "struggled to remain" open as administrators sought a merger as they grappled with rising operational costs, declining enrollment, and students' increased need for financial aid.
