As financial aid administrators know, there’s no shortage of free and fee-based programs designed to help students get a handle on personal finance and keep up loan payments when the time comes. Increasingly, colleges are working with their institutional banking partners to develop engaging, accessible and trusted financial literacy content. Banks have access to nationwide […]
Outside of online and in-person financial literacy sessions, colleges and universities are finding innovative strategies to guide students toward being more financially responsible in both their college and adult lives. In 2017, the University of Missouri began limiting what students could purchase with their campus cards. The intent was to help students to control the […]
When Cathy Stickney first arrived in Northbridge as the superintendent of Public Schools, she was that candidate whose eyes were wide open. After all, Stickney knew going in that the Northbridge Public Schools had a low college-bound aspiration and admission rate; and importantly, a low four-year graduation rate than the statewide average. Worse yet, 25 percent […]
In its report "Navigating The New Normal: Financial Imperatives For MSI Effectiveness and Avoiding Financial Exigency," the Southern Education Foundation suggests that trustees could better understand their institutions' financial health with answers to these questions. 1. What is the discount rate for entering freshmen versus for continuing students? 2. What is the blended discount rate? Link […]
Americans learned from the timeless wisdom of Dr. Martin Luther King, Jr.: “Education must enable one to sift and weigh evidence, to discern the true from the false, the real from the unreal, and the facts from fiction.” One of the great challenges of Community, Technical, and County Colleges is to provide quality, affordable higher learning […]
Once meant to supplement full-time and tenured faculty, adjunct faculty were often viewed as “the others.” But times and economics have changed and this contingent force has become the majority of faculty in American higher education. One result of this shift is a new push to unionize adjunct professors for better pay, benefits and working […]
NASHVILLE, Tennessee—When Glenda Baskin Glover applied to college, her decision wasn't whether to enroll in a historically black university, she says, but which one she chose to attend. "There were schools I couldn't get into because of the racial climate of the day," says Glover, who graduated from Tennessee State University in 1974 and became […]
Learning to pay bills amidst a first-time job search can be a foggy and drawn out process for undergraduates. Unfortunately, credit reporting processes don’t allow much time for students to find their financial bearings. About 7 out of 10 graduates pay their credit cards over 30 days late during the time immediately after graduation, according […]
Younger Americans postpone marriages, and put off having children and buying their first home while repaying student loans. And new federal data shows the burden now spreading to their parents: Americans age 50 years and older saw their federal student loan debt grow by $18 billion between the second quarter of fiscal year 2017 and […]
In your experience, how common is it for financial aid offices to push in to classrooms with messages to students about financial aid, managing student loan debt, and personal finance—and what may be holding them back from doing this more? “Typically, we only hear of financial aid staff coming in to the classroom as part […]
