Ed Surge March 31, 2021 Jeffrey Young Coursera’s founders and CEO rang the opening bell of the New York Stock Exchange today, as the online-learning company became a rare edtech enterprise to go public. And because it’s a pandemic, the event was online and the bell was virtual (perhaps fitting […]
Higher Ed Dive Natalie Schwartz April 1, 2021 Dive Brief: The spring term spelled the end for at least three liberal arts colleges, which will soon either cease operating or accepting new students. The colleges — Becker, Mills and Concordia New York — all said the coronavirus pandemic exacerbated existing financial woes. […]
The Chronicle of Higher Education Eric Kelderman April 2, 2021 By nearly every measure, the chain of colleges operated by the nonprofit Center for Excellence in Higher Education has big problems. The colleges, previously part of the for-profit-college empire of Carl Barney, have all been put on probation by their accreditor since 2018 […]
IRS March 30, 2021 WASHINGTON — The Internal Revenue Service issued frequently asked questions today on how students and higher education institutions should report pandemic-related emergency financial aid grants. Students Emergency financial aid grants made by a federal agency, state, Indian tribe, higher education institution or scholarship-granting organization (including a […]
Federal Student Aid March 31, 2021 Availability of Guide for Compliance Attestation Engagements of Proprietary Schools Expending Higher Education Emergency Relief Fund Grants (EA ID: GENERAL-21-21) The U.S. Department of Education, Office of Inspector General has published the Guide for Compliance Attestation Engagements of Proprietary Schools Expending Higher Education Emergency Relief […]
Cooley ED Katy Lee Carey and Vince Sampson March 31, 2021 President Joe Biden signed the American Rescue Plan Act of 2021 on March 11. The ARPA includes a major change in the 90/10 revenue test that provides for-profit institutions and their students access to the FSA programs. For proprietary […]
Inside Higher Ed Rick Seltzer April 1, 2021 The Internal Revenue Service is warning about a tax refund scam from IRS impersonators who are targeting those who work at colleges and universities, as well as their students. People with email addresses ending in .edu have been reporting email phishing attempts […]
NASFAA Hugh T. Ferguson April 1, 2021 President Joe Biden took to Pittsburgh to pitch an infrastructure package on Wednesday and while the proposal primarily contains transportation-related policies, the process by which it could be implemented is likely to incorporate a number of higher education provisions. The infrastructure package will […]
College Choice Killers.COM The Cabal The Obama Administration was fixated on financially destroying career colleges and killing college choice. Unfortunately, history appears to be repeating itself in the new Biden Administration. In recent years, the plan behind crushing these schools is led by four small organizations that are well-organized, and […]
INSIDE HIGHER ED Rick Seltzer March 31, 2021 An increase in cyberattacks against colleges and universities, which comes as institutions rely heavily on digital infrastructure to deliver online learning amid the pandemic, is a negative factor weighing on higher education’s credit profile, according to Moody’s Investors Service. The ratings agency […]