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Thursday, October 27, 2011

354. College Access and Success News



Here are links to recent news on college access and success.
by
Joe Rottenborn
Executive Director, Mahoning Valley College Access Program (MVCAP)





1. Colleges start offering 'midnight classes' for offbeat needs, by Greg Toppo – http://usat.ly/tJVA6H via @USATODAY - "About two-thirds of community college students work full or part time, and colleges are finding that many of their students work late. Others simply do their best work at night, says Community College of Baltimore County (Md.) psychology instructor Joy Goodie."


2. Plan hopes to make student loans more forgiving, by Sandra Block – http://usat.ly/t0bw4p via @USATODAY - "The Obama plan doesn't provide any relief for borrowers who have private student loans, which are issued by private lenders and aren't backed by the federal government, Ryan says. Unlike federal student loans, private loans have variable interest rates that may shoot higher after the borrower graduates. They also lack many of the protections that come with federal loans. Borrowers who are having trouble repaying these loans have few options, other than seeking relief from the lender."


3. Trustees OK pact at YSU, by Virginia Shank - Tribune Chronicle - Warren, OH: http://bit.ly/vUhave via AddThis - "Both unions, which represent the university's two largest groups of employees, had been working without contracts since their previous pacts expired in August. YSU-OEA had announced plans to strike in August but called it off in time for classes to start on time Aug. 27."


4. Robert J. Zimmer on the Value of a Liberal Arts Diploma, by Rebecca R. Ruiz: http://nyti.ms/u3PzmX - “There are arguments about the value of liberal arts education. Tuition costs are a major concern. There are financial and political pressures on institutions to show immediate value,” Mr. Zimmer conceded. But, ultimately, he said, such concerns should not obscure the mission of liberal arts institutions: “to help students lead fuller lives and be better citizens.”


5. That Merit-Based Aid Offer Is Final, Universities Insist, by Rebecca R. Ruiz: http://nyti.ms/uP6tYf - "At Purdue University, merit-based financial aid offers are final and nonnegotiable. “We put that on our Web site — in red,” said Pamela Horne, dean of admissions and associate vice provost for enrollment management at Purdue. . . . Ultimately, the panelists agreed that the purpose of merit aid was to help the institution “shape the class,” in Ms. Horne’s words. “People think merit aid is all about rewarding the student,” she said. “Let’s face it – it’s not.” Mr. Nondorf agreed. “Getting in is the reward for all that hard work,” he said."


6. The Student Loan Proposal: What It Might Mean for You, by Mark Kantrowitz: http://nyti.ms/sHTQaM - "To help students avoid borrowing too much, the Obama administration is introducing a standardized financial aid offer form as part of a new “Know Before You Owe” campaign. This form helps students understand how much a college will cost, including how much debt they will have accumulated by the time they’ve graduated."


7. College Prices Continue to Surge Higher, by Lynn O'Shaughnessy - http://moneywatch.bnet.com/spending/blog/college-solution/college-prices-continue-to-surge-higher/7039/ via @cbsmoneywatch - "Among states, California wins the dubious prize of boosting tuition by the greatest percentage. California residents watched helplessly as their tuition and fees jumped 21%. The states with the next highest rate hikes were Arizona (17%) and Washington (16%). States with low tuition increases included Connecticut and South Carolina that raised prices by 2.5%. Clearly, a major factor in mushrooming tuition at public universities is declining support from state governments."


8. College Costs Shifting to Families - http://www.edweek.org/ew/articles/2011/10/26/464787uscollegecostsnlysis_ap.html - "It was a transformation that was, by historical standards, remarkably swift: The decade of the 2000s saw a fundamental shift in how Americans answer the question "Who will pay for college?" More than ever, students and their families must foot the bill at public universities. And that bill is higher than ever.Realizing higher education would be essential to succeed in the emerging economy, Americans aspired and flocked to higher education as never before over the last 10 years. But over that same span, the 50 states did less—much less, factoring in the increased demand—and asked students and parents to do more."


9. Clearing Up Some Confusion About the New Federal Student Loan Rules,by Ron Lieber - http://www.nytimes.com/2011/10/27/your-money/student-loans/explaining-new-federal-student-loan-rules.html?_r=1&hpw - "Many questions had to do with whether private loans, the kind that come from banks and often have higher and variable interest rates, are part of these changes. Nothing is changing with those loans. This is crucial, since many of the people in the worst sort of trouble — the ones you’ve read about with six-figure balances — often have both private loans and federal loans. Instead, only those with different kinds of federal loans — an estimated 5.8 million borrowers — will be able to consolidate them into one loan under the new plan and also save themselves a bit of money."


10. Editorial: The Wrong Fix for No Child Left Behind - http://www.nytimes.com/2011/10/27/opinion/the-wrong-fix-for-no-child-left-behind.html?src=rechp - "The revised No Child Left Behind Act that passed out of the Senate education committee last week goes too far in relaxing state accountability and federal oversight of student achievement. The business community, civil rights groups and advocates of disabled children are rightly worried that the rewrite of the law would particularly hurt underprivileged children."


11. How Much Student-Loan Debt Is Too Much? by Jeff Selingo -http://chronicle.com/blogs/next/2011/10/26/how-much-student-loan-debt-is-too-much/ - "More than half of the students at public and private four-year colleges are now graduating with debt, according to the College Board. The average per borrower at public colleges is $22,000; at private colleges it’s $28,100. It has been reported that the financial payoff of a bachelor’s degree is $550,000 over a person’s lifetime, so the average level of debt still seems like a good investment."


12. Why College Tuition Should Be Regulated, by Steven Goodman - http://ti.me/uEmjTD via @TIMEIdeas - "Since loans now comprise 70% of financial aid packages, the growing tuition burden falls squarely on student-borrowers who may have saved for college but who still can’t meet the high cost of attendance. Two-thirds of American undergraduates are in debt. This year, student loan debt will grow to more than a trillion dollars, outpacing credit card debt for the first time."




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