Yahoo! News: Education News

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• U.S. to halt legal steps vs Corinthian student loan defaults
• US Teens Win International Rocketry Challenge
• South African universities trail other BRICS
• Soaring Vancouver home prices spur anger toward foreign buyers

U.S. to halt legal steps vs Corinthian student loan defaults Posted: 09 Jul 2015 02:47 PM PDT Corinthian abruptly closed its remaining 28 schools in April and left 16,000 students without classes, becoming the largest failure in for-profit higher education. The company filed for bankruptcy in May and soon after the U.S. Department of Education announced a plan under which tens of thousands of former Corinthian students could seek relief from their federal student loans. Under Thursday's agreement, the Department of Education will suspend judicial debt collection efforts for 120 days against former Corinthian students who are in default, according to Scott Gautier, a lawyer for an official committee of students in the Corinthian bankruptcy.

US Teens Win International Rocketry Challenge Posted: 09 Jul 2015 08:39 AM PDT On June 19, seven middle school and high school students from Russellville City Schools in Alabama took home first place in the International Rocketry Challenge at the 2015 Paris Air Show. To succeed time after time, the students had to make the volatile rocket launches as predictable as possible. "About four days before we got ready to leave for Paris, we crashed three rockets in a row, and those were the rockets we were planning on using," Andrew Heath, a rising high school senior and captain of the Russellville team, told Space.com.

South African universities trail other BRICS Posted: 09 Jul 2015 12:08 AM PDT South Africa has eight of the top 15 universities in Africa but its higher learning institutions are rated as the worst performing among the BRICS emerging market nations, two separate reports released this week said. A study released by Times Higher Education rated the University of Cape Town as Africa's premier institution followed by University of Witwatersrand in Johannesburg. The Times Higher Education report put Uganda's oldest and largest institution of higher learning, Makerere University, in third place in Africa, in a statement released on Thursday.

Soaring Vancouver home prices spur anger toward foreign buyers Posted: 08 Jul 2015 10:26 PM PDT By Julie Gordon VANCOUVER (Reuters) - After years of watching Vancouver housing prices climb, driven in part by Chinese investment, Eveline Xia came to a painful realization: Despite having a Master's degree and solid career prospects, she might never be able to afford a home in the city where she grew up. The tweet went viral, and hundreds of other young Vancouver residents soon began expressing their own frustrations in tweets about the red hot housing market - and the feverish foreign investment they believe has fueled it. "Average, hardworking Canadian residents are being forced to compete for housing with the global wealthy," said Xia, who immigrated to Canada from China as child.

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