From large catalogs of sensitive student information to research data, cybercriminals have plenty of tempting targets in institutions of higher education.

While Democrats and philanthropy groups rejoice, Republican leaders call the president's decision to push ahead on the massive plan 'bloated' and 'political'.

Since 2012 there have been more college closures in the United States than in the previous 40 years combined. Almost 600 schools have disappeared, the vast majority of them private institutions.