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Moody Says College Closures will Increase. Moody's Investor Service released a private report which projected that by 2017, the closure rate of small colleges is likely to be triple that of the past decade. The report said there would be declining enrollment, particularly among the small private colleges. The closure rate of small colleges was relatively low during the past decade,...
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The New College Scorecard. The Obama administration's new College Scorecard was unveiled last weekend. Collegescorecard.ed.gov was revamped and updated by the administration, instead of the ratings system the administration had hoped to develop. The administration released thousands of new data points, broken down by individual college and going back several years. The new data sho...
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New Scorecard Site to Replace Ratings System. The White House unveiled a new and improved College Scorecard website, which is intended to replace the ratings system that the administration had proposed, the now-abandoned Postsecondary Institution Ratings System (PIRS). The site displays data for colleges, including graduation rates and earnings, and is intended to be mobile-frien...
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Clinton Details Student Loan Plan. Presidential hopeful Hillary Clinton is rolling out her policy proposals for student loan and higher education reform. The plan would cost $350 billion over 10 years to reduce interest rates and encourage free college programs. The broad reforms would aim to encourage state schools and community colleges, through grants, to adopt free or near fre...
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Shining Light on Campus Sexual Assault. The Senate Health, Education, Labor, and Pensions (HELP) Committee held a hearing on reauthorizing the Higher Education Act (HEA) with a focus on combating campus sexual assault. Testifying before the committee were Sens. Kelly Ayotte (R-NH), Claire McCaskill (D-MO), Dean Heller (R-NV) and Kristen Gillibrand (D-NY), who have advocated for leg...
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Higher Education Act Reauthorization and Innovation. The Senate Health, Education, Labor & Pensions (HELP) Committee held a hearing entitled "Reauthorizing the Higher Education Act: Exploring Barriers and Opportunities within Innovation." This hearing, one of several leading up to the reauthorization of the Higher Education Act (HEA), focused on the changing higher education la...
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Senate Passes ESEA Reauthorization. The Senate passed the Every Child Achieves Act (S. 1177), by a vote of 81 to 17, after debating the overhaul and amendments all week. The bill would grant more autonomy to state and local school districts over testing and accountability. It also gives states more flexibility using federal funds. The bill was sponsored by Health, Education, Labor ...
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ESEA Passes House, Continues to be Considered in Senate. The House passed the Student Success Act (H.R. 5), the rewrite of No Child Left Behind, by a vote of 218 to 213. The bill would reauthorize the Elementary and Secondary Education Act of 1965 and make changes to many of its programs. It was the second time this year that the House considered the bill, and it barely passe...
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U.S. Education Department Announces Changes to Proposed Ratings System. The U.S. Education Department announced changes to the ratings system it plans to introduce this summer. In a blog post written by Deputy Under Secretary and Acting Assistant Secretary for Postsecondary Education Jamienne Studley, the department announced its plans to release "new, easy-to-use tools that will p...
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HELP Committee Holds College Accreditation Hearing. The Senate Health, Education, Labor and Pensions (HELP) Committee held a hearing on reauthorizing the Higher Education Act (HEA). Entitled, "Reauthorizing the Higher Education Act: Evaluating Accreditation's Role in Ensuring Quality," the hearing was the fourth hearing of this Congress on the topic. Previous hearings focused on c...
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Moody Says College Closures will Increase. Moody's Investor Service released a private report which projected that by 2017, the closure rate of small colleges is likely to be triple that of the past decade. The report said there would be declining enrollment, particularly among the small private colleges. The closure rate of small colleges was relatively low during the past decade,...