Posts Categorized: Student Aid

Science (Non)-Fiction … The Latest from NE Campuses

A look at recent developments in New England higher education shows a region struggling to hold onto its historical research  prowess and adding new health programs, but also facing rising costs and declining funds.Holding onto research  power University of Connecticut Vice President for Research Suman Singha reported to university trustees that research dollars are drying up. Resear...

DC Shuttle: Obama Admin Cuts Pell Grant Overpayments, New Eye on Private Student Loans

As part of the Campaign to Cut Waste, the Obama administration cut erroneous Pell Grant payments to 2.7% in 2011, the lowest it has been since 2005. White House officials estimate that reform measures saved $300 million in overpayment through the Pell Grant student aid program. The 2011 payment errors totaled $1 billion, approximately the same as the payment errors for 2010, but an increase in the...

DC Shuttle: Obama Moves to Ease Student Loan Debt

On Wednesday, President Obama announced a new proposal to ease the burden of student loan debt. The "Know Before You Owe" initiative will allow students with multiple government-backed loans to consolidate them into one loan under the federal Direct Loan program with an interest rate reduction of 0.25% to 0.5%. The administration estimated that about 5.8 million students could be eligible for loan...

Higher Ed Prices Still Going Up: NEBHE Releases 2011 Report on Tuition and Mandatory Fees at Public Postsecondary Institutions

NEBHE released its 2011 report on tuition and mandatory fees at public postsecondary institutions available online. In an effort to inform the decision-making of state policymakers as well as public higher education leaders and trustees, this report provides details of public postsecondary tuition and mandatory fee rates for the past five years, collected during the summer of 2011.Questions about ...

Among Comings and Goings, Pennington Leaving Gates Foundation; New Ed Commish in Conn.

Hilary Pennington, who has led the Bill & Melinda Gates Foundation’s Postsecondary Success efforts for the past five years,  emailed her colleagues that she was leaving the foundation. Before joining Gates, she was a senior fellow at the Center for American Progress and CEO of Jobs for the Future, which she co-founded. Inside Higher Ed reports that Tom Dawson, a senior policy offi...

Conn. Gov. Malloy to Speak at Conference on Growing Economic Divide and Implications for Ed

Connecticut Gov. Dannel Malloy will be among speakers at “To Have and Have Not: The Growing Economic and Social Divide and its Implications for Educational Leaders,” a conference scheduled for Monday, Oct. 3, from 4 p.m. to 6 p.m., at Boston University’s Metcalf Trustee Center.The conference sponsored by Concord, Mass.-based Maguire Associates will also feature Barry Bluestone...

Jobs, Jobs, Jobs: NEBHE Collaborates with New England HERC to Introduce Constantly Refreshing “Joblink” for Higher Ed

As part of its mission to tie higher education to the economic well-being of New England, NEBHE has partnered with the New England Higher Education Recruitment Consortium (NE HERC) to provide access to recruitment and employment resources to address faculty and staff hiring needs.The mission of the NE HERC, which was founded in 2006, is to advance the efforts of member institutions to recruit ...

DC Shuttle: Debt Deal Boosts Pell Grants

The debt-ceiling deal signed by President Obama last week will cut over $900 billion in federal funding over the next 10 years. Yet even in an extremely budget-conscious atmosphere, members of Congress singled out the Pell Grant program for an increase in funding to guarantee college access for low-income students. Under the terms of the new law, the Pell program would receive $10 billion in FY 20...

NE Budget Math: Two More Plus Four Equals All Six NE States with Budgets Passed

All six New England states have completed the initial step in their budget processes in this very difficult fiscal year.In mid-June, we reported that Connecticut and Vermont had completed budgets in record time, followed by completions in Maine and New Hampshire. Now, Massachusetts and Rhode Island ...Massachusetts BudgetTo the consternation of labor leaders, Democratic lawmakers in Massachusetts,...

DC Shuttle: Duncan Defends Ed Budget Request … and Other Higher Ed News from Washington

Editor's Note: A reminder that our DC Shuttle column has changed gates. Our news from Washington will now appear in Newslink, rather than the Journal section, of https://www.nebhe.org.On Wednesday, Education Secretary Arne Duncan defended the department's budget request for FY 2012, including a 10.7% increase over 2011 funding levels, to the Senate Appropriations Committee's Subcommittee on Labor, ...