Get Planning: Share A Trifecta of Federal Burdens Will Affect Student Loans Sooner Than You Think
Oh, no! You won't be getting a printed SCUP–45 Preliminary Program in the mail this year. Instead, SCUP is going green and regularly updating this digital version (PDF), which you can download at any time. Check it out! You don't want to miss higher education's premier planning conference, and your one chance this year to assemble with nearly 1,500 of your peers and colleagues: July 10–14, Minneapolis.
SCUP Link When the new CDR formula is implemented, campuses may face a no-win situation. Even if federal sanctions are avoided, the campus may be pummeled by public opinion. Cohort default rates are published in the media nationwide. The public lacks a precise understanding of CDRs, and they may make snap judgments about institutional quality from default rates. Missing from the factual picture may be the number of students who actually borrow, the dollar amount of loans in default, or how one campus compares to a similar institution serving similar students . . .
Schools must also tread carefully on the origination side of student loans as they help borrowers obtain federal and private student loans. New regulations go into effect on July 1st, and many schools are questioning how much – if any – assistance they should provide to students trying to choose a student loan that works best for them. Investigations by New York Attorney General Andrew Cuomo led to new federal and state laws that increase disclosures to students and place strict restrictions on how schools help borrowers find and choose lenders . . .
The burden of compliance completes a trifecta of institutional liability. Schools that try to save money by shortchanging compliance could be leaving themselves and their students open to major disruptions in financial aid. Using financial aid as the carrot, the government regulates everything from student housing to campus safety. The safety regulations even define the term “fire.” (Any instance of open flame or other burning not intended to contain the burning or in an uncontrolled manner.”)
SCUP's Planning Institute: Enjoy the F2F company of your colleagues and peers while you engage in one of the three SCUP Planning Institute Steps. In addition to being offered on demand, on campuses to teams of campus leaders, the institute steps are also offered to all professionals at varying times and venues. Currently scheduled are: - May 22–23, Ann Arbor, MI - Step I
- July 10, Minneapolis, MN - Step I (in conjunction with SCUP–45)
- October 2, Ann Arbor, MI - Step I
- January 21–22, Tuscon, AZ - Step II and Step III
Labels: compliance, federal policy, student loans
Higher Education Receives More Than $1.5-Billion in Stimulus Awards
Oh, no! You won't be getting a printed SCUP–45 Preliminary Program in the mail this year. Instead, SCUP is going green and regularly updating this digital version (PDF), which you can download at any time. Check it out! You don't want to miss higher education's premier planning conference, and your one chance this year to assemble with nearly 1,500 of your peers and colleagues: July 10–14, Minneapolis.
SCUP Link A nice chart from The Chronicle of Higher Education, with footnotes, explaining which institutions got more than $1M each, for a toal for 32 institutions of $1.5B+, in stimulus funds.
SCUP's Planning Institute: Enjoy the F2F company of your colleagues and peers while you engage in one of the three SCUP Planning Institute Steps. In addition to being offered on demand, on campuses to teams of campus leaders, the institute steps are also offered to all professionals at varying times and venues. Currently scheduled are: - May 22–23, Ann Arbor, MI - Step I
- July 10, Minneapolis, MN - Step I (in conjunction with SCUP–45)
- October 2, Ann Arbor, MI - Step I
- January 21–22, Tuscon, AZ - Step II and Step III
Labels: ARRA, federal budget, federal policy, stimulus
Summary of Education Provisions in the Health Care and Education Reconciliation Act of 2010
Oh, no! You won't be getting a printed SCUP–45 Preliminary Program in the mail this year. Instead, SCUP is going green and regularly updating this digital version (PDF), which you can download at any time. Check it out! You don't want to miss higher education's premier planning conference, and your one chance this year to assemble with nearly 1,500 of your peers and colleagues: July 10–14, Minneapolis.
SCUP Link As you probably know, there were some postsecondary education related items within the total package of provisions recently passed by the U.S. Senate and House. The American Council on Education (ACE) has published this summary of the pertinent education-related positions: Summary of Education Provisions in the Health Care and Education Reconciliation Act of 2010 (PDF). Those provisions include: 100 Percent Direct Lending; Pell Grants Changes & Increases; Investment in HBCUs, HSIs, and Tribal Colleges; Community College and Career Training Grant Program; College Access Challenge Grants; Income-Based Repayment; Technical Assistance for Institutions; Perskins Loan Program; State Not-for-Profit Servicing Contracts; and Loan Servicing Jobs in the United States.
Regional SCUP Events! Enjoy the F2F company of your colleagues and peers at one of three SCUP regional conferences this spring: - April 5–7, San Diego, CA - "Smart Planning in an Era of Uncertainty"
- April 7, Houston, TX - "Sustaining Higher Education in an Age of Challenge"
Labels: federal policy, HCER, health care reform, recession, student aid, student loans
Interview: Martha Kanter (US Department of Education) on Educating a Nation
Oh, no! You won't be getting a printed SCUP–45 Preliminary Program in the mail this year. Instead, SCUP is going green and regularly updating this digital version (PDF), which you can download at any time. Check it out! You don't want to miss higher education's premier planning conference, and your one chance this year to assemble with nearly 1,500 of your peers and colleagues: July 10–14, Minneapolis.
SCUP Link
An interview from Business Officer: When she took her first higher education job in California's Silicon Valley in the late 1970s, notes Martha Kanter, “it was a time of tremendous demographic change.” Thousands of returning Vietnam War veterans needed career training, while waves of Vietnamese immigrants and an ever-expanding Hispanic population were reshaping the state's educational needs.
Kanter worked on behalf of the evolving multicultural state in a variety of positions in the 100-plus-campus community college system, most recently as chancellor of the Foothill-De Anza Community College District. Becoming under secretary in the U.S. Department of Education—the first community college leader to serve in this position—builds on her life's work of putting education in reach of a nation with increasingly diverse learning needs. In this interview with Business Officer, Kanter discusses the Obama administration's education strategy.
Regional SCUP Events! Enjoy the F2F company of your colleagues and peers at one of three SCUP regional conferences this spring: - March 24–26: Cambridge, MA - "Strengths and Weaknesses, Opportunities and Threats"
- April 5–7, San Diego, CA - "Smart Planning in an Era of Uncertainty"
- April 7, Houston, TX - "Sustaining Higher Education in an Age of Challenge"
Labels: community colleges, Department of Education, federal policy
Rural Community Colleges and Federal Funds
 President Obama is setting a goal for the US to have the highest percentage of college graduates in the world by 2020. It looks like that calls for annual increases of 5-6% in total numbers of degrees granted, state by state. That's quite a challenge. The Rural Community College Alliance (RCCA) and the DOE recently convened a meeting about the unique needs of rural community colleges. Community college leaders told the audience that their needs diverge in important ways from those of suburban and urban community colleges. Though all community colleges are suffering as states nationwide tighten their budgets, rural community colleges must deal with special challenges, the college leaders said. Expenses that might seem paltry at other institutions, such as facing a bill of $55,000 to replace a computer lab, as one rural Arkansas community college is, can prove insurmountable, the college officials said. In small towns, there are few opportunities for partnerships with private businesses. Faculty members are paid less. And even when rural community colleges do obtain grants, they are often functioning at capacity, so they have nowhere to put students or equipment for new or expanded programs.
Regional SCUP Events! Enjoy the F2F company of your colleagues and peers at one of three SCUP regional conferences this spring: Labels: community colleges, federal policy, funding, graduation rates, rural
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