Elected officials (and candidates) who advocate more debt via easier terms do no favors to anyone, from parents to taxpayers and students. Related: “Financial aid leveraging“.
USM Economics Blog: Wanting to look into this, I did a little bit of Googling about Noel-Levitz to see if I could find out anything of use about them. As it mentions above, they are an “enrollment management” consulting firm- the largest in the United States. What enrollment management consulting firms tend to offer universities … Continue reading ” financial aid leveraging is the act of repackaging financial aid so that it is specifically directed at students that a complex algorithm determines as most likely to make the school more money”
Kathy Johnson Bowles: This institution charges $50,000 for tuition. We have 2,000 students. That’s $100 million. Where is it? What did the administration do with all that money? Can someone just explain it to me?” All across the country parents, students, alumni, faculty and staff concerned about and frustrated by the price of education utter similar … Continue reading If all these students are paying $50,000 in tuition, how come our college doesn’t have more revenue to spend?
Joey Garrison and Maria Puente: Actresses Felicity Huffman and Lori Laughlin and nine college coaches are among the 50 people charged Tuesday in what federal officials say is the nation’s largest-ever college admissions bribery case prosecuted by the Justice Department. The Justice Department charged 33 affluent parents, which include CEOs and television stars, with taking … Continue reading Felicity Huffman, Lori Loughlin among 50 indicted in largest-ever case alleging bribery to get kids into colleges
Anonymous: But the longer I read applications, the more holes I saw in the so-called “holistic” process, and the more I discovered how much it came down to money. Not infrequently, I would pull up a student’s file, see my “Defer” or “Deny” recommendation, and then a second reviewer recommending the same thing, and then … Continue reading I Was a College Admissions Officer. This Is What I Saw.
Edward Zalinsky: enator Charles Grassley of Iowa will serve as chairman of the Senate Finance Committee during the upcoming 115th Congress. Senator Grassley’s decision to lead the Finance Committee may have important consequences for the nation’s colleges and universities. Grassley, a Republican, has criticized increased tuition charges in the face of the pronounced, tax-free growth … Continue reading Will Congress Penalize Colleges That Increase Tuition?
Laureen Lumpkin: In a move to make education more affordable for its students, St. John’s College will slash tuition by $17,000 and attempt to bolster its endowment fund. The private, liberal arts school in Annapolis is planning to install a new philanthropy-centered financial model that relies more on donor dollars, it announced Wednesday. This model … Continue reading St. John’s College announces plan to lower tuition by $17,000 a year
Matt Krupnick: Tuition is being cut by about $25,000 this year to attract more students to Mills College in Oakland, California, one of several colleges and universities freezing or reducing tuition this fall in the face of an enrollment decline and consumer backlash. Photo: John S Lander/LightRocket via Getty Images It may have been one … Continue reading Bending to the law of supply and demand, some colleges are dropping their prices
Frank WU: At last, as evidenced by more colleges and universities performing a tuition reset, higher education leaders are awakening to the threat of tuition discounting. The increasing rates by which many institutions have had to cut what they wish to charge students should be cause for public concern. On more than one campus, the … Continue reading Commentary on College Tuition Price Theory
Rick Seltzer: Attracting students with tuition discounting has its limits — and one study suggests a surprisingly large number of small colleges and universities are flirting with those limits. The study, which is being presented Friday at the American Educational Research Association’s annual meeting, looks at the practice and effects of tuition discounting over 10 … Continue reading Diminishing Returns for Tuition Discounting
Rick Seltzer: Neal McCluskey, director of the Cato Institute’s Center for Educational Freedom, makes that argument in a new study seeking to explain increases in college and university tuition levels. It’s in some ways a middle-of-the-road finding for a libertarian think tank weighing into a debate whose different sides have long been dug in behind … Continue reading Don’t Blame State Disinvestment Alone
Farran Powell: Despite the annual sticker price shock, many students and their families are receiving tuition discounts at private colleges. Under tuition discounting, a school offsets its published tuition price with grant aid from the institution to entice students to enroll at their college. It’s a practice that began more than three decades ago – … Continue reading Private Colleges Up Tuition Discounts
Consumer Reports: Amid all the grim news about the skyrocketing price of a college education, here’s something to celebrate: Colleges are asking students to shoulder less of the costs. In the 2015-2016 school year, the discounts on tuition that private colleges gave to students in the form of scholarships and grants hit a record high, … Continue reading Private Colleges Offering Record Tuition Discounts to Lure Students
Higher Ed Professor: Tuition discounting is growing in higher education. Yet, by the very nature of the practice, the concept is confusing to prospective students as well as people who have spent their careers working in colleges and universities. A recent report by the National Association of College and University Business Officers (NACUBO) suggests that … Continue reading What is tuition discounting and why do colleges do it?
New York Times: Confronted with punishing state budget cuts, the public colleges and universities that educate more than 70 percent of this country’s students have raised tuition, shrunk course offerings and hired miserably paid, part-time instructors who now form what amounts to a new underclass in the academic hierarchy. At the same time, some of … Continue reading Fat-Cat University Administrators at the Top 25
Stephen Moore: Looking for the biggest bargain in higher education? I think I found it in this rural Missouri town, 40 miles south of Springfield, nestled in the foothills of the Ozark Mountains. The school is College of the Ozarks, and it operates on an education model that could overturn the perverse method of financing … Continue reading What ‘Hard Work U’ Can Teach Elite Schools
Scott Jaschik: Colleges may soon have a new reason — an antitrust lawsuit — to think twice about their relationship with the Common Application. CollegeNET, which provides a variety of admissions-related services to college, some in direct competition with the Common Application, sued Common App last week in federal court, charging antitrust violations. And while … Continue reading Common App: Admissions Collusion?
David Leonhardt: ASK just about any high school senior or junior — or their parents — and they’ll tell you that getting into a selective college is harder than it used to be. They’re right about that. But the reasons for the newfound difficulty are not well understood. Population growth plays a role, but the … Continue reading Getting into the Ivies
Aaricka Washington: So that the public can see how Indianapolis Public Schools is using federal coronavirus relief funds, district officials plan to post online a tracker detailing how they are spending $213.5 million federal funds. “We know folks are paying close attention to how schools are leveraging these dollars,” Superintendent Aleesia Johnson said on Tuesday. … Continue reading Indianapolis Public Schools will publicly post federal (taxpayer) relief-fund spending
Taylor Lorenz: “I want to have enough clout to be recognized for who I am, but I don’t ever want to see myself like a famous person,” Rowan said one day in his bedroom. “I just want to be able to have connections everywhere and be financially secure and monetize what I like doing.” Rowan’s … Continue reading The Pursuit of Clout, and dependency
Lucy Kellaway: If they master the latter they will emerge into the world better prepared than some of my own children, who took more “rigorous” subjects at school. After receiving her first payslip, one of my daughters called me to say she had been cheated: she had received less money than she’d been promised. When … Continue reading Classics v coding: what should we be teaching our kids? Reading?
The average cost of yearly tuition at a private, four-year college in the US this year was $25,143, and for public schools, students could expect to pay $6,585 on average for the 2008-09 school year, according to the College Board. That was up 5.9% and 6.4% respectively over the previous year, which is well ahead of the national average rate of inflation. What that means is that for many people, college is out of reach financially. But what if social media tools would allow the cost of an education to drop nearly all the way down to zero?
Of course, quality education will always have costs involved — professors and other experts need to be compensated for their time and efforts, for example, and certain disciplines require expensive, specialized equipment to train students (i.e., you can’t learn to be a surgeon without access to an operating theater). However, social media can drastically reduce much of the overhead involved with higher education — such as administrative costs and even the campus itself — and open source or reusable and adaptive learning materials can drive costs down even further.
One vision for the school of the future comes from the United Nations. Founded this year by the UN’s Global Alliance for Information and Communication Technology and Development (GAID), the University of the People is a not-for-profit institution that aims to offer higher education opportunities to people who generally couldn’t afford it by leveraging social media technologies and ideas.
Via a reader’s email: David Savageau (Contributing Editor of Expansion Management Management):
Three out of 10 of us either work in an educational institution or learn in one. Education eats up 8% of the Gross National Product. Keeping it all going is the biggest line item on city budgets. Whether the results are worth it sometimes makes teachers and parents–and administrators and politicians–raise their voices and point fingers.
In the 1930s, the United States was fragmented into 130,000 school districts. After decades of consolidation, there are now fewer than 15,000. They range in size from hundreds that don’t actually operate schools–but bus children to other districts–to giants like the Los Angeles Unified District, with three-quarters of a million students.
Greater Chicago has 332 public school districts and 589 private schools within its eight counties. Metropolitan Los Angeles takes in 35 public library systems. Greater Denver counts 15 public and private colleges and universities. Moving into any of America’s metro areas means stepping into a thicket of school districts, library systems, private school options and public and private college and universities.
Here are some of their top locations:
- Washington, DC – Arlington, VA
- Madison, WI
- Baltimore -Towson
- Akron, OH
- Columbus, OH
- Albany-Schenectady-Troy, NY
- Syracuse, NY
- St. Louis, MO
- Ann Arbor, MI
The Madison area has incredible resources for our children. The key of course, is leveraging that and being open to working effectively with many organizations, something Marc Eisen mentioned in his recent article. Madison’s new Superintendent has a tremendous opportunity to leverage the community from curricular, arts, sports, health/wellness, financial and volunteer perspectives.
- Where have all the students gone?
- Madison School District small learning community Grant application(s) and history.
- My Life and Times with the Madison Public Schools.
- Update on Credit for Non-MMSD Courses.
The Madison area, which includes all of Dane County as well as immediately adjoining areas, was awarded A+ for class size and spending per pupil in public schools, and for the popularity of the city’s public library.
The greater Madison area scored an A for being close to a college town and for offering college options.
Private school options in the greater Madison area were graded at B+.
There has been some confusion in the response to the rankings because they lump together numerous school districts — urban, suburban and rural.
The engineering-based program is just one example of the district’s willingness to bring college-level learning to his high school students. That effort appears to be paying off nationally, WISC-TV reported.
“It reinforces that what we’re trying to do as a district and as an area is working,” said Granberg. “And it’s getting recognized on a national level, not just a local or state level.”
“This is not a community that accepts anything but the best and so that bar is always high,” said Madison Metropolitan School District Superintendent Art Rainwater.
Rainwater also credits the ranking to teacher development programs.
“We spend an awful amount of time and an awful amount of effort working with our teachers in terms of how they deliver instruction to individual children,” said Rainwater.
He said the school district will continue to improve techniques, focusing on the needs of every student.