The founders of George Washington University could not have anticipated that, almost two centuries later, the institution’s prime location in D.C.’s Foggy Bottom neighborhood would be a developer’s dream—and a golden opportunity for the university. Their major venture, a mixed-use retail, residential and office development called Square 54 and completed in 2011, has close to […]
The Consumer Financial ProtectionBureau’s forthcoming “Payback Playbook” intends to simplify the student loan repayment process by presenting clear, customized repayment options. In April, the agency offered a sneak peek. The initiative will provide borrowers with simple repayment plan options any time they log into their student loan account. The Playbook summary will also be included […]
It has been demonstrated amply that financial aid leveraging can, under the right circumstances, increase enrollment and net tuition revenue. For some, however, that isn't the case. Enrollment leaders must therefore assess other aspects of recruitment to determine how effectively they are working to build larger, more committed applicant and admit pools, especially when increases […]
This FutureShock is the third in a trilogy of commentaries on the for-profit (private sector) higher education industry and the implications of an increasingly complex and skeptical regulatory environment. In this piece we focus on the emergent, some say irreversible, megatrend turning private sector schools, colleges, and universities into nonprofits and vice versa. Consumer activist […]
Almost everybody ranks colleges these days—old stalwarts like U.S. News & World Report, influential upstarts like Washington Monthly and click-baiting websites that measure everything from campus sustainability to most attractive students to coolest mascots. William Destler, president of Rochester Institute of Technology in New York, even found his university named one of the "geekiest" in […]
No one would deny that college students spend a good part of the day with eyes locked on their mobile devices, scrolling through social media feeds. Despite that clear trend, just 30 percent of financial aid professionals reported using social media to provide financial literacy content to their constituents, notes the “2016 Financial Literacy Trends […]
Eight years ago administrators laying plans for Guttman Community College in New York City set a goal: This school would not be like so many other community colleges with low completion rates. Guttman would make getting students to graduation a primary mission. That approach is proliferating across the community college sector, says Melinda Mechur Karp, assistant […]
When endowment returns are way down, it’s not exactly prudent to spend the same percentage of the endowment for institutional operations each year, with the assumption that target investment payoff percentages will return. And, right now, down they are. Endowment investment returns fell from an average of 15.5 percent for Fiscal Year 2014 to 2.4 […]
As a new study shows one group of students falling farther behind in the struggle to land jobs with salaries that will allow them to pay off debts and achieve financial stability, some experts say it’s the country’s education system that needs to adjust. Only a small percentage of African-American college students enroll in the […]
New momentum has built behind higher education’s pivotal role in helping prison inmates turn their life around and re-enter society. So, what if a city offered convicted felons a college education instead of a jail sentence? The Philadelphia District Attorney’s Office partners with the Community College of Philadelphia on the Future Forward initiative, which gives […]
