"As two individuals who have studied performance funding in depth, we know that performance funding is a piece of the puzzle that can provide an intuitive, effective incentive for adopting best practices for student success and encourage others to do so," Nancy Shulock and Martha Snyder write in Inside Higher Ed.
The national debt-at-graduation average ticked past $29,000 for borrowers in the Class of 2012, but The Institute for College Access and Success (TICAS) has a few ideas to address the upward trend—including NASFAA’s own Prior-Prior Year tax data recommendation. The research and policy organization Wednesday released a new report, “Student Debt and The Class of 2012,” which examines graduates from private, nonprofit and public institutions.
"Yet another report is recommending that Michigan improve its educational system and repair its roads as measures to restore prosperity in the state," Glenn Gilbert, group editor of Digital First Media newspapers in Michigan, writes in a column for Advisor and Source Newspapers.
"Twenty communities that have made progress toward improving college-completion rates among local residents will receive about $4-million from the Lumina Foundation to accelerate their work," The Chronicle of Higher Education reports.
"Earlier this year, Wayne State University slapped students with an 8.9 percent tuition increase, plus some steep hikes in ancillary fees. My mentioning this may not make my bosses on the Board of Governors happy. But in fact, while I might question some of their priorities, it isn’t really their fault," Jack Lessenberry, a journalism professor at Wayne State University, writes in a Detroit Metro Times opinion piece.
"There's a serious lack of socioeconomic diversity (read: there are very few poor people) at the nation's best universities," The National Journal's The New America reports.
"A new poll shows that college-age Americans are wildly, overwhelmingly worried about student loan debt. As well they should be. And they blame colleges. As well they should," Gawker reports.
"A Tracy woman was sentenced Tuesday to four years in prison for conspiracy to commit student loan fraud and aggravated identity theft," The Stockton Record reports.
In a speech given yesterday at the 2013 Federal Student Aid (FSA) Training Conference for Financial Aid Professionals in Las Vegas, U.S. Secretary of Education Arne Duncan discussed the efforts being made by the Obama administration to reform the current structure of federal student aid and announced the release of a new, online Financial Aid Toolkit. “Our broad goals are that the financial aid system must become more transparent, much simpler, and more innovative,” Duncan said. “It must do much more to not only increase access and completion but to help people responsibly manage their debt.”
"The average price of attending a four-year public college or university jumped $1,700 between 2008 and 2012 and by $3,900 for a four-year private school, according to report released Tuesday by the U.S. Department of Education," The Wall Street Journal's Real Time Economics reports.
"For-profit Caribbean medical schools that don’t have access to U.S. federal loans are finding a way around the rules: Encouraging some students to enroll simultaneously in online master’s programs at U.S. universities," Bloomberg News reports.
"Nearly 20 years ago, Congress ended a notable federal effort to support higher education behind bars," The Washington Post reports.
NASFAA President Justin Draeger testified before members of Congress yesterday about the association's proposals for strengthening the Pell Grant Program, including the “Pell Promise,” “Pell Well,” and “Super Pell" concepts. The December 3, 2013 hearing of the House Subcommittee for Higher Education and Workforce Training discussed “Keeping College Within Reach: Strengthening Pell Grants for Future Generations" in advance of the upcoming Higher Education Act reauthorization. If you missed it, you can watch archived footage of the testimony
on NASFAA's website.
"Experts on higher education lending urged House lawmakers today to adopt a series of fixes for the Pell grant system," Talk Radio News Service reports. "The grant currently serves nine million students, according to National Association of Student Financial Aid Administrators President and CEO Justin Draeger, who testified at a hearing held by a House Education and the Workforce Subcommittee."
"College hopefuls might think getting good grades and activities are the only barriers between them and the school of their dreams, but for many students, the Free Application for Financial Student Aid is one, too," Kansas InfoZine reports.