Posts Categorized: Student Aid

Risk Factors: Colleges Look to Manage Threats Ranging From Fraud to Data Breaches

Recently, a former administrator at a Boston law school admitted that he used a school computer to embezzle more than $173,000. As the former controller, he accessed the school’s accounting system, creating false checks, which he deposited into his personal bank account. As part of his scheme, the former controller used the signature stamps of other employees to sign the checks without their app...

Higher Education and the Economy: The View from the Boston Fed Chief

NEBHE convened approximately 400 leaders of business, education and government at the Federal Reserve Bank of Boston on Nov. 7, 2011 for a conference titled “New England Works” Summit on Bridging Higher Education and the Workforce. Following are keynote remarks from Boston Fed President and CEO Eric Rosengren. To download the figures, click here. Other speakers included: Connecticut Gov...

Bootstraps: Federal Trio Programs, if Funded, Could Help Close Income Gap

I realized how poor my family was when I was a high school senior. While filling out a financial aid form to go to college, I looked at my mom’s tax return to see how much she made. I asked her if it was a mistake. It wasn’t. She made $11,000 a year to support a family of four. Today I make four times as much as my mom did mainly because of one reason. Not dogged ingenuity or self-determinatio...

Time to Turn Attention to a Different Debt Limit: Downsize Federal Student Loan Programs

I have spent much of my working life studying and promoting student loans. As a good liberal Democrat, I spent years arguing for the expansion of the old Federal Family Education Loan Program (FFELP) which had its roots in Lyndon Johnson’s War on Poverty. My professional life included stints working for one of the nonprofit FFELP agencies and being a co-founder of an entirely private nonprofit, ...

What Gives? Perspectives on Philanthropy and Higher Education

Late last month, NEBHE senior fellow and Massachusetts Board of Higher Education Chair Charles Desmond and I launched a series of interviews with key leaders in New England philanthropy. Our goal was to paint a picture of what philanthropies see as the key issues and challenges facing higher education and how potential funders can have the most meaningful impacts on education in New England. Our ...

DC Shuttle: College Affordability Lists, DREAM Act … and Other Higher Ed News from Washington

The Education Department released College Affordability and Transparency Lists on Thursday. The 2008 Higher Education Opportunity Act requires the Education Department to produce six lists, with three examining tuition and fees and three examining each institution's average price of attendance minus grants and scholarships. The lists are also divided by type of institution (public/private, two-yea...

DC Shuttle: Congress Considers Charter Schools, Workforce Investment, Manufacturing … and Other Higher Ed News from Washington

On Wednesday, the House Education and Workforce Committee approved the second of five total planned bills on federal education reform for the 112th Congress. By a vote of 34 to 5, the committee advanced legislation (H.R. 2218) which would allow governors, state education agencies, and charter school boards to parcel out funding to expand or duplicate successful charter schools. States without caps...

New England Guvs on Future of Higher Ed

We invited each of the six New England governors to write articles on future challenges facing higher education in their respective states. ... The Future of Higher Education in Connecticut by Dannel P. Malloy, Governor of Connecticut Outwardly, the results appear impressive—growth in enrollments and degrees granted, expanded campuses and program offerings, and a well-known reputation ...

In Massachusetts, Public Higher Education Is the Engine for Opportunity

NEJHE presents exclusive articles by New England's governors on higher education in their states ... Thanks to our dedicated teachers and committed students, Massachusetts leads the nation in student achievement and classroom innovation. We’ve made education our top priority because it’s the path to a more fulfilling life, a more rewarding career and a richer society. I have personally expe...

In Maine, Postsecondary Success Starts Before College

NEJHE presents exclusive articles by New England's governors on higher education in their states ... Last spring, 83% of Maine public high school students who began high school four years earlier received a diploma. About 65% of those graduates likely enrolled in some form of postsecondary education—at a public university, private institution, community college or elsewhere. A 2008 re...