Yahoo! News: Education News

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• Penn State could incur steep U.S. penalty in probe of unreported crime
• Report finds private student loans riskier before financial crisis
• Making college affordable: five ways that states, schools are trying to help
• These 10 Colleges Leave New Graduates With the Most Debt
• Groups question lottery profits, OH school funding
• Taxing sales to fund Ohio schools?
• Chicago school board, teachers reject report
• South Carolina lawmakers restore state funding for arts, teachers

Penn State could incur steep U.S. penalty in probe of unreported crime Posted: 19 Jul 2012 05:08 PM PDT (Reuters) - Penn State University could face a record government penalty, potentially in the millions, for failing to report campus crime, including Jerry Sandusky's child sex abuse, experts said on Thursday. The Department of Education is investigating Penn State for possible violations of the Clery Act, which requires colleges to collect and report daily and annual crime statistics and issue timely warnings to students and others. ...

Report finds private student loans riskier before financial crisis Posted: 19 Jul 2012 05:01 PM PDT (Reuters) - Borrowers who took out private student loans in the run-up to the financial crisis are facing higher levels of default, reflecting the risky lending practices at the time, the Obama administration said in a new report. The Department of Education and the Consumer Financial Protection Bureau said private lenders have since cleaned up some of the worst activities, but lawmakers should still work to improve the private loan market and enhance protections for students. ...

Making college affordable: five ways that states, schools are trying to help Posted: 19 Jul 2012 02:42 PM PDT Student debt and skyrocketing tuition make headlines. But this week, both Democratic and Republican lawmakers have sought to highlight the silver lining – examples of how states and institutions have been trying to reduce the cost of higher education.

These 10 Colleges Leave New Graduates With the Most Debt Posted: 19 Jul 2012 02:24 PM PDT Graduates aren't just leaving college with a diploma and a dream. Many are stepping into the real world with a mountain of student loan debt.

Groups question lottery profits, OH school funding Posted: 19 Jul 2012 09:55 AM PDT Education groups in Ohio are raising questions about the payout public schools will get after record-setting state lottery profits.

Taxing sales to fund Ohio schools? Posted: 19 Jul 2012 06:28 AM PDT As Ohio considers new ways to pay for public schools, legislative analysts said Wednesday one option is to replace local property tax revenue with an increase in the state sales tax, but they cautioned that it might be a risky move.

Chicago school board, teachers reject report Posted: 19 Jul 2012 05:15 AM PDT A fact finder's recommendation to give Chicago teachers a double-digit raise was rejected Wednesday by both the city's teachers union and the governing board of the Chicago public school system, paving the way for a teacher strike.

South Carolina lawmakers restore state funding for arts, teachers Posted: 18 Jul 2012 07:41 PM PDT CHARLESTON, South Carolina (Reuters) - South Carolina lawmakers voted in a special session on Wednesday to override dozens of budget vetoes by the state's governor that cut funding for teachers' pay raises, an arts commission, and non-profit rape crisis centers. Republican Governor Nikki Haley earlier this month vetoed $67.5 million of the state's $6.7 billion spending plan for 2012-2013 in a effort to shut down state programs she said "don't work. ...

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