For months now, Congress has debated the merits of creating an oversight committee tasked with improving coordination in federal and state oversight of the for-profit college industry. If that group ever comes to fruition, it appears they would likely have their work cut out for them, as the Department of Education recently released its previously secret list of colleges under scrutiny for financial reasons, half of which are for-profit schools. [More]
It’s almost back-to-school time, which means now is the season to be inundated once again with the annual lists ranking colleges and universities. But in this guest post from Zac Bissonnette, author of the upcoming Debt-Free U: How I Paid for an Outstanding Education Without Loans, Scholarships, or Mooching off My Parents, he explains why these lists are all a complete crock. [More]
Enrollment in for-profit colleges like the University of Phoenix, DeVry University, and Kaplan University–Gawker calls them fake colleges–tripled in the past decade, and has become such a fast-growing segment of the education market that some members of Congress think it needs better oversight. [More]
Abel’s Copies is standing by their strict “No Refunds” policy even after ordering the wrong course packet for reader David. The workers at the off-campus bookstore near the University of Texas at Austin insisted there was only one instructor for David’s course and that they couldn’t order a new course packet unless David paid in advance. When David got home, he realized that Abel’s sold him the wrong packet. He called the store and learned that Abel’s had the right packet in stock for $25 less than he paid—but Abel’s refused to issue a refund…
How can an educational institute act in its students’ best interest if it stands to make money off of increasing their debt load? The symbiotic relationship between universities and credit card companies is being questioned more than ever by student groups and politicians, writes the New York Times.
Cash-strapped colleges are partnering with banks to transform student IDs into debit cards. The deals are a windfall for the institutions, but force students to open accounts laden with hefty penalty fees and surcharges.
If you use Leopard on a Mac and plan on buying e-books, be very careful—according to the various complaints on this thread, Adobe’s Digital Editions still doesn’t work on Leopard, and yet most places selling Digital Editions e-books won’t warn you of this, leaving you with activated books you can’t return but also can’t read.
Now that Ohio has made personal finance basics a mandatory requirement to graduate from high school, people are starting to look at the problem of who teaches it and what it consists of (just look at the comment threads in the two related posts below to see the wide spectrum of opinions and personal experience anecdotes). A new Ohio State University study has found that the current level of teaching is all over the place—and the people teaching it have widely varying levels of knowledge about the subject matter.
Some state colleges and universities have started charging different undergraduate tuition rates depending on what the student decides to major in. Business majors at the University of Wisconsin pay $500 more each semester than do their liberal arts peers. Graduate schools have been doing this for years: Law school and med school tuition tends to be more per term than, say, an advanced degree in comparative literature. But is it fair?