Posts Categorized: Economy

Connecticut Enacts $19 Billion Budget

State Capital Notes … In the second session of the biennium, Connecticut legislators approved a $19 billion budget for FY15 that increases spending by 2.5%. Toward the end of the session, revised revenue forecasts forced lawmakers to scale back in a number of areas. Gov. Dannel Malloy’s promise to provide Connecticut taxpayers with a $55 rebate was put on hold as projections for dec...

Excellence 2015!

Now accepting nominations ... The New England Board of Higher Education (NEBHE) is now seeking nominations for our twelfth annual New England Higher Education Excellence Awards. Five regional awards and six state merit awards will be presented to the recipients on the evening of Friday, March 13, 2015 in Boston. Nominees should be individuals, programs or organizations i...

Rate of Decline in Spring Enrollment Slows

U.S. college enrollment continued to decline in spring 2014, but at a slower rate than in recent terms, according to estimates from the National Student Clearinghouse (NSC) Research Center. Nationally, the number of students enrolled in accredited two- and four-year colleges and universities decreased by 0.8% from spring 2013. This marks the smallest decrease since spring 2012, when enrollments s...

SARA … SARA …

Register today for webinar on the State Authorization Reciprocity Agreement (SARA)! The SARA initiative has made significant progress since the first NC-SARA meeting in November 2013. As we continue to organize meetings and garner support in the Northeast, it's important to connect with all stakeholders and address any questions or concerns. Please join us for our second webinar to review the SA...

Maine, Massachusetts and Rhode Island to Participate in NEBHE’s Redesigning Student Aid in New England Project

The Finance Authority of Maine, Massachusetts Department of Higher Education and the Rhode Island Higher Education Assistance Authorityhave been selected through a competitive RFP process to participate in the New England Board of Higher Education (NEBHE) Redesigning Student Aid in New England (Redesigning Aid) project, funded by Lumina Foundation. NEBHE will help project participants redesign an...

Happy 5/29 Day!

May 29 is upon us. May 29 (5/29) has been designated a day to raise public awareness about the benefits of a 529 college savings plan—the tax-advantaged investment plans named for Section 529 of the tax code and designed specifically to save for higher education expenses. Administrators of 529 plans throughout the U.S. have scheduled special activities for the day. Events and activities in ...

Maine Lawmakers Wrap Up Session Amid Record Number of Gubernatorial Vetoes

Revised Sept. 8, 2014 State Capital Notes ... Maine lawmakers on April 16 finished the second session of the 126th Maine Legislature. The session was marked by a record number of vetoes by Gov. Paul LePage who in many instances broke with his own party in rejecting legislation. Lawmakers returned on May 1 to take up 48 vetoes cast by the governor. They sustained 33 of the 48 vetoes, and overrod...

In Higher Ed Finance, What Goes Up Must Come Down?

Nationally, state and local funding for higher education may be making a comeback. In fact, FY 2013 was the first year since 2009 when state and local funding per full-time equivalent student increased from the previous year, according to the State Higher Education Executive Officers Association’s annual report on state higher education finance. While 30 states increased funding per student,...

NEBHE Publishes Third Edition of Advanced Manufacturing PBL Newsletter

NEBHE published the third edition of Advanced Manufacturing Problem Based Learning (AM PBL) News. NEBHE in September 2012 was awarded a three-year $900,000 grant from the National Science Foundation (NSF) for a New England-wide project titled Problem Based Learning (PBL) in Advanced Manufacturing: Transforming 21st Century Technician Education. Funding is provided through the NSF’s Advanced...

Transference!

State Capital Notes ... Amid enrollment declines, state systems turn to new policies to fill seats and improve college completion Many state colleges and universities throughout the region are facing enrollment declines after a nationwide period of growth between 2006 and 2011 that saw overall enrollment increase by 3.2 million students. Among the reasons for this drop off is the improving econo...