WASHINGTON -- Imagine walking into a pricey hotel and telling the desk clerk that you intend to stay the night, but are willing to pay only as much money as you have in your pocket at the moment. That is the prevailing assumption underlying how students and their families pay for expensive, private higher education, a group of admissions and financial aid officers said here Thursday morning at the College Board's annual forum. The model isn't sustainable -- for families or colleges.
PHILADELPHIA –- The University of Pennsylvania Graduate School of Education and the Milken Family Foundation have announced that the 2011 Milken-Penn GSE Education Business Plan Competition is open for submissions.
Entering its second year, this global competition is the first contest specifically aimed at stimulating entrepreneurship and addressing challenges in education. It is designed to connect social entrepreneurs to venture capitalists and other funders interested in improving education.
The campus educational and research Internet 2 network MAGPI is highlighted.
Among the local universities receiving payments from FIA were the University of Pennsylvania, which received $650,000; Villanova University, which got $400,000; and Temple University, $200,461. Drexel University received $250,000 from U.S. Bank.
Marybeth Gasman of the Graduate School of Education comments on the impact the recession had on historically black colleges and universities.
Other U.S. colleges have resisted entering into such relationships. Among them, the University of Pennsylvania chose not to apply for a Confucius Institute, partly because it was uncomfortable with the Chinese government's involvement, says G. Cameron Hurst III, a former director of the university's Center for East Asian Studies.
A new report on minority achievement in higher education sounds an alarm about a stark reversal of fortune for an unlikely minority group: men. Younger men are significantly less likely to have completed college than older men, according to an analysis of federal data by the American Council on Education, a nonprofit group that represents college leaders. The educational stagnation of men is hindering the progress of the nation as a whole and largely offsetting gains by women, the group says.