Yahoo! News: Education News
Yahoo! News: Education News |
- Apple’s new iPads are cheaper than ever – if you’re a student
- 10 Affordable Housing Markets—On the Beach!
- Daughter of fugitive Korean ferry tycoon arrested in France
- Proposed rule would hurt poor students, for-profit U.S. colleges say
Apple’s new iPads are cheaper than ever – if you’re a student Posted: 28 May 2014 04:15 PM PDT
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10 Affordable Housing Markets—On the Beach! Posted: 28 May 2014 02:00 PM PDT It's one thing to rent a beach house in the Hamptons for the price of an Ivy League college education….it's another to live by the sea all year 'round. With a population of nearly 13,000, Hobe Sound has an average temperature of 76 degrees, 64 percent sunny days, one of the best air quality ratings, and one of the lowest crime rates in the nation. Beach towns offer big bonuses in the real estate stakes. "Buying near a beach is one of the best ways to ensure a property will appreciate in value," said Daren Blomquist, vice president at RealtyTrac. |
Daughter of fugitive Korean ferry tycoon arrested in France Posted: 28 May 2014 03:34 AM PDT
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Proposed rule would hurt poor students, for-profit U.S. colleges say Posted: 27 May 2014 08:23 PM PDT By Elvina Nawaguna WASHINGTON (Reuters) - Nearly half of students attending for-profit colleges in the United States could lose federal aid if the Obamaadministration implements a new rule on public disclosure of the schools' performance and earnings, according to a report prepared for the colleges and released on Tuesday. The "gainful employment" rule unfairly targets for-profit institutions and would disproportionately affect poor students, said the report prepared by the Association of Private Sector Colleges and Universities, a trade group representing the colleges. The U.S. Education Department rule would require for-profit institutions to publicly disclose information including cost of attendance, student loan default rates, and student completion rates. For their students to continue receiving federal financial aid, the institutions must show that the estimated annual loan payment of their typical graduates does not exceed 20 percent of their discretionary income or 8 percent of their total earnings, and that the default rate for former students does not exceed 30 percent. Tuesday was the last day for public comment on the rule. The APSCU report, prepared by Northwestern University economist Jonathan Guryan and Matthew Thompson of the consulting firm Charles River Associates, said nearly 7.5 million students over a decade could be denied higher education if the rule goes into effect. For-profit colleges have already spent millions of dollars fighting the proposed rule since its earliest version was released in 2010. The debt-to-income ratio used in the rule to determine continued eligibility for federal funding, APSCU said, could unfairly cause certain schools or programs to fail because it does not take into consideration that poor students typically have to borrow more for college than their wealthier counterparts. For-profit institutions tend to serve larger numbers of minorities, low-income students and non-traditional students such as single parents and veterans than traditional colleges. |
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