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Field, Kelly – Chronicle of Higher Education, 2009
The author reports on president Obama's plan for Americans to have some higher education which could mean more earning power for many people. In a speech before Congress in February, the president called the nation's steep high-school dropout rates and low college-completion rates a "prescription for economic decline," and he urged all Americans…
Descriptors: Presidents, Academic Aspiration, Human Capital, Education Work Relationship
Field, Kelly – Chronicle of Higher Education, 2009
Skeptics question whether infusion of billions of dollars for education in the economic-stimulus bill before Congress would actually give a healthy jolt to the economy. The bill would help thousands of students pay for college and could give colleges money to fix crumbling buildings. Some members of Congress are calling for the removal of…
Descriptors: Federal Aid, Legislators, Student Financial Aid, Federal Legislation
Basken, Paul; Field, Kelly; Hebel, Sara – Chronicle of Higher Education, 2008
President Bush is leaving the White House with a mixed record on higher education. His administration catapulted conversations about holding colleges more accountable for their performance into the national spotlight, and it pressed for some increases in federal spending on student aid and research. At the same time, Mr. Bush faced criticism from…
Descriptors: Higher Education, Presidents, Politics of Education, Educational Policy
Field, Kelly – Chronicle of Higher Education, 2008
In a speech before a group of career-college executives and lobbyists, freshman Representative Jason Altmire hinted that he would look out for the sector's interests in a coming conference between the House of Representatives and the Senate on legislation to reauthorize the Higher Education Act. Referring to a provision in the bill that would…
Descriptors: Proprietary Schools, Federal Aid, Educational Policy, Legislators
Blumenstyk, Goldie; Field, Kelly – Chronicle of Higher Education, 2008
This article reports that the credit crisis tying global financing systems into knots has left hundreds of colleges scrambling for cash to pay their bills and to cover the spiking interest on their debts. While it is still unclear to what extent the federal government's new $700-billion bailout package will help unwind the credit tangle, the…
Descriptors: Higher Education, Institutional Survival, Financial Problems, Debt (Financial)
Field, Kelly – Chronicle of Higher Education, 2008
Senator Charles E. Grassley may be backing away from his threat to offer legislation that would require the wealthiest institutions to spend up to 5% of their endowment assets each year. At a panel discussion on Capitol Hill last week, the Iowa senator, who is the senior Republican on the Senate Finance Committee, strongly hinted that he would…
Descriptors: Legislators, Educational Finance, Student Financial Aid, Endowment Funds
Field, Kelly – Chronicle of Higher Education, 2008
This article reports that members of Congress were poised to leave Washington last week with some major higher-education accomplishments to campaign on and a slate of unfinished business important to colleges. Topping the higher-education to-do list for the next Congressional session is federal spending for the 2009 fiscal year, which began…
Descriptors: Federal Aid, Grants, Higher Education, Colleges
Field, Kelly – Chronicle of Higher Education, 2008
It took five years, dozens of drafts, and a total of 14 extensions, but Congress last week was finally on the verge of passing a bill to renew the Higher Education Act, the major law governing federal student aid. The bill, after approval by the U.S. House of Representatives, was headed to the Senate, where a final vote was planned for late last…
Descriptors: Educational Legislation, Federal Legislation, Higher Education, Federal Aid
Field, Kelly – Chronicle of Higher Education, 2008
More than three decades ago, the debate for Higher Education Act was open to the public. Today the process of crafting a compromise bill looks very different, and the forces shaping the major law governing student aid have shifted in ways both significant and subtle. The changes have given new voices a say in policy decisions and made it harder…
Descriptors: Higher Education, Educational Legislation, Paying for College, Federal Aid
Field, Kelly – Chronicle of Higher Education, 2007
Buried in a spending measure passed by the U.S. House of Representatives is a provision that could thwart Republican efforts to scuttle legislation designed to bolster the federal direct-loan program. The provision, which appears on the final page of the House's spending blueprint for the 2008 fiscal year, simply instructs the House education…
Descriptors: Federal Aid, Student Financial Aid, Student Loan Programs, Federal Legislation
Field, Kelly – Chronicle of Higher Education, 2007
Nearly 300 leaders from the worlds of business, higher education, and philanthropy convened in Washington last week to discuss how to carry out the recommendations of the U.S. Secretary of Education's Commission on the Future of Higher Education. By the end of the day, they had produced a list of 25 "action items" but no plan for how to put them…
Descriptors: Higher Education, Educational Change, Public Agencies, Federal Government
Field, Kelly – Chronicle of Higher Education, 2007
When the Department of Education released the first-year results for the Academic Competitiveness and National Smart Grant programs, it tried to put a positive spin on its disappointing numbers. There seemed no getting around this fact: The 2006-2007 participation rates for the two new grant programs, which supplement Pell Grants for low-income…
Descriptors: Student Financial Aid, Grants, High School Graduates, Low Income
Basken, Paul; Field, Kelly – Chronicle of Higher Education, 2007
An expanding investigation into conflicts of interest in the student-loan industry continued to sweep up more lenders and college financial-aid administrators last week. The nation's largest student-loan provider, Sallie Mae, accepted a $2-million settlement with New York State's attorney general, Andrew M. Cuomo, and three more college officials…
Descriptors: Student Loan Programs, Student Financial Aid Officers, Higher Education, Advisory Committees
Field, Kelly – Chronicle of Higher Education, 2007
In December 2005, purchasing agents at Florida International University issued a request for proposals seeking banks and student-loan companies for a list of "preferred lenders" that the university planned to give to prospective borrowers. The request alone was not unusual. Many colleges use competitive bidding to secure attractive terms…
Descriptors: Student Financial Aid, Student Financial Aid Officers, Conflict of Interest, Student Loan Programs
Field, Kelly; Keller, Josh – Chronicle of Higher Education, 2007
The ever-expanding investigation into conflicts of interest between colleges and lenders continued to claim victims last week as two more universities settled with New York State's attorney general, and another fired its financial-aid director. Drexel University, the only institution that had said it would fight allegations over its student-loan…
Descriptors: Conflict of Interest, Investigations, Universities, Court Litigation
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