Recession stokes fears that loans and grants will be scarcer this year
CHICAGO - Finding financial aid for college this year promises to be tougher than any final exam.
The quest for money that begins for students and parents every January has taken on new urgency in 2009 amid fears that loans and grants will be scarcer than in the past due to the recession.
"The financing system for college is in real crisis," said Barmak Nassirian, associate executive director of the American Association of College Registrars and Admissions Officers. "Every one of the participants in the system is experiencing hardship — higher education institutions, states, aid donors and families all are cash-strapped."
Read full story MSNBC
Posted by Personal Injury Lawyers in Phoenix, Arizona
Thursday, January 29, 2009
Wednesday, January 28, 2009
College endowments wilt with economy
Market meltdown forces schools to impose sharp budget cuts
When the markets were booming, billionaire colleges like Harvard, MIT and Stanford tapped their swelling endowments and launched spending binges on faculty, buildings and scholarships.
Now, they're seeing firsthand the one downside to relying on a huge nest-egg: The market crash has them confronting the sharpest budget cuts in memory.
A new survey released Tuesday reports college endowments fell 3 percent in the fiscal year ending June 30. In a follow-up, a smaller group estimated declines averaging 23 percent in the first five months of fiscal 2009, which began in July.
Read full story MSNBC
Posted by Pesonal Injury Lawyers in Phoenix, Arizona
When the markets were booming, billionaire colleges like Harvard, MIT and Stanford tapped their swelling endowments and launched spending binges on faculty, buildings and scholarships.
Now, they're seeing firsthand the one downside to relying on a huge nest-egg: The market crash has them confronting the sharpest budget cuts in memory.
A new survey released Tuesday reports college endowments fell 3 percent in the fiscal year ending June 30. In a follow-up, a smaller group estimated declines averaging 23 percent in the first five months of fiscal 2009, which began in July.
Read full story MSNBC
Posted by Pesonal Injury Lawyers in Phoenix, Arizona
Tuesday, January 20, 2009
Future of abstinence-only funding is in limbo
Critics want to end program they consider ineffective, sometimes harmful
NEW YORK - With the exit of the Bush administration, critics of abstinence-only sex education will be making an aggressive push to cut off federal funding for what they consider an ineffective, sometimes harmful program.
How quickly and completely they reach their goal is uncertain, however, as conservative supporters of abstinence education lobby Congress and President-elect Barack Obama to preserve at least some of the funding, which now totals $176 million a year.
Read full story MSNBC
Posted by Personal Injury Lawyers in Phoenix, Arizona
NEW YORK - With the exit of the Bush administration, critics of abstinence-only sex education will be making an aggressive push to cut off federal funding for what they consider an ineffective, sometimes harmful program.
How quickly and completely they reach their goal is uncertain, however, as conservative supporters of abstinence education lobby Congress and President-elect Barack Obama to preserve at least some of the funding, which now totals $176 million a year.
Read full story MSNBC
Posted by Personal Injury Lawyers in Phoenix, Arizona
Friday, January 16, 2009
$100 million climate, energy center at Stanford
130 faculty members from 21 departments will come together
PALO ALTO, Calif. - Stanford University announced Monday it has raised $100 million to create a new research center focused on combating global warming and developing cleaner sources of energy.
The new Precourt Institute for Energy will focus on research related to improving energy efficiency, reducing greenhouse gas emissions, studying national energy policy and developing renewable power sources such as wind, solar and biomass.
The $100 million in new funding will bolster the $30 million the university already spends annually on energy research.
Read full story MSNBC
Posted by Personal Injury Lawyers in Phoenix, Arizona
PALO ALTO, Calif. - Stanford University announced Monday it has raised $100 million to create a new research center focused on combating global warming and developing cleaner sources of energy.
The new Precourt Institute for Energy will focus on research related to improving energy efficiency, reducing greenhouse gas emissions, studying national energy policy and developing renewable power sources such as wind, solar and biomass.
The $100 million in new funding will bolster the $30 million the university already spends annually on energy research.
Read full story MSNBC
Posted by Personal Injury Lawyers in Phoenix, Arizona
Thursday, January 15, 2009
Families await sharp increases in college tuition
Students can expect to pay more amid slumping economy and state cuts
Most high school seniors and their families have not made final college plans for next fall. But they know this: It's probably going to cost more than they had planned.
Even in good economic times, states and colleges have largely failed to hold tuition increases in line with inflation. Now as the slumping economy forces states to slash spending, students can expect the sharpest increases in years.
Families are calling on colleges to absorb as much of the burden as possible instead of passing the extra costs on to students.
Read full story MSNBC
Posted by Personal Injury Lawyers in Phoenix, Arizona
Most high school seniors and their families have not made final college plans for next fall. But they know this: It's probably going to cost more than they had planned.
Even in good economic times, states and colleges have largely failed to hold tuition increases in line with inflation. Now as the slumping economy forces states to slash spending, students can expect the sharpest increases in years.
Families are calling on colleges to absorb as much of the burden as possible instead of passing the extra costs on to students.
Read full story MSNBC
Posted by Personal Injury Lawyers in Phoenix, Arizona
Friday, January 9, 2009
On a tight budget? Try applying to Harvard
‘Best Value Colleges’ report shows that top schools aren’t just for the rich
Those fancy-pants Ivy League colleges have gotten to be so expensive that only the wealthiest families can possibly afford them, especially during bleak economic times like these. Right?
Not necessarily.
A new report called “Best Value Colleges for 2009,” issued Thursday by The Princeton Review and USA TODAY, spotlights 50 public and 50 private colleges and universities that do an exceptional job of helping qualifying students to pay for their higher education.
Read full story MSNBC
Posted by Auto Accident Lawyers in Phoenix, Arizona
Those fancy-pants Ivy League colleges have gotten to be so expensive that only the wealthiest families can possibly afford them, especially during bleak economic times like these. Right?
Not necessarily.
A new report called “Best Value Colleges for 2009,” issued Thursday by The Princeton Review and USA TODAY, spotlights 50 public and 50 private colleges and universities that do an exceptional job of helping qualifying students to pay for their higher education.
Read full story MSNBC
Posted by Auto Accident Lawyers in Phoenix, Arizona
Monday, January 5, 2009
12 students charged in Utah State teen's death
Fraternity and sorority implicated in freshman pledge's alcohol poisoning
LOGAN, Utah - A fraternity and sorority at Utah State University were charged with felony hazing after an 18-year-old freshman pledge died of alcohol poisoning.
The school's chapters of the Sigma Nu fraternity and Chi Omega sorority were each charged Friday with one count of third-degree felony hazing for their involvement with the death of Michael Starks. Prosecutors also filed misdemeanor hazing charges against 12 students, including the chapter president of Sigma Nu.
Read full story MSNBC
Posted by Personal Injury Lawyers in Phoenix, Arizona
LOGAN, Utah - A fraternity and sorority at Utah State University were charged with felony hazing after an 18-year-old freshman pledge died of alcohol poisoning.
The school's chapters of the Sigma Nu fraternity and Chi Omega sorority were each charged Friday with one count of third-degree felony hazing for their involvement with the death of Michael Starks. Prosecutors also filed misdemeanor hazing charges against 12 students, including the chapter president of Sigma Nu.
Read full story MSNBC
Posted by Personal Injury Lawyers in Phoenix, Arizona
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