The coming change in how student loan default rates are calculated may mean bad news for some colleges and universities. With the new calculations, the rate at which a group of students later defaults on loan payments will increase for most institutions, and schools with a particular default rate for three consecutive years will lose […]
“We include in our emails a link to a brief video that explains that we are counselors, not collectors, working on behalf of the college the borrower attended, and that we work with borrowers and their loan servicers to resolve their loan payment issues. The video invites the borrower to call us.” —Craig P. Anderson, […]
Rising operating costs, unstable revenue streams and continued tough economic times are forcing the campus CFO's role to grow, say higher ed presidents surveyed by executive search firm Witt/Kieffer. In the report, 14 presidents from a mix of public and private institutions of all sizes commented on today's financial pressures. "What was most surprising was […]
Textbook publishing has long been seen as an impenetrable business, with five major players controlling most of the nearly $14 billion industry. But in recent years, the shift to digital and open-access content has led to a proliferation of free and low-cost alternatives. Meanwhile, spiraling costs, massive student debt, changing consumer demands and public as […]
In the midst of shrinking budgets and staff, HR professionals at colleges and universities can take advantage of an often overlooked resource to help accomplish their goals. Consider working with alumni—they typically possess a wealth of campus knowledge and skills. And they’re often eager to assist human resources in many areas, ranging from recruitment to […]
George W. Hynd has been named the sixth president of Oakland University (Mich.), succeeding Betty J. Youngblood, interim president since July 2013. Hynd formerly served as provost and executive vice president of academic affairs for the College of Charleston (S.C.). There, he created new undergraduate and graduate degree programs in African American studies, exercise science, […]
Higher education is big business, but many schools are operating with barely more fiscal security than the average kid’s lemonade stand. Thefts from colleges are persistent, increasing and coming from all around campus. Common targets for embezzlers include bookstores and cafeterias, tuition collection, and even government grants to professors. Administrators should implement a proactive risk […]
What if you could create a new kind of university? What would it be like? For Ben Nelson, CEO of the Minerva Project, it would combine a redefined student body, a reinvented curriculum, rigorous academic standards, cutting-edge technology and an immersive global experience. Nelson launched Minerva in 2011 to provide an Ivy League-like education at […]
With apps now a fixture on the vast majority of campuses, colleges and universities are no longer debating whether to develop their own mobile platforms. Instead, they are creating the next generation of apps for students who turn to their smartphones for everything from checking their grades to checking their laundry. As of last fall, […]
For today’s college students, on-the-go lifestyles present a challenge when it comes to finding time to eat, and, more specifically, eat well. In 2010, when Adriana Marie Reyes of The University of Arizona surveyed 219 undergraduate students for her honors thesis on what influences college students’ eating habits, 82 percent said they would eat healthier […]
