June 8, 2015 – June 15, 2015

Industry Related Reports

 National News

  • Modernizing, Maintaining Facilities Drives Building Activity for West Michigan Universities
    “MiBiz convened stakeholders from universities, contractors and architecture firms for a roundtable discussion on real estate and development topics in higher education. Here are some highlights of the discussion….”
  • Government to Forgive Student Loans at Corinthian Colleges
    “In a move against what he called “the ethics of payday lending” in higher education, Secretary of Education Arne Duncan announced Monday that the Education Department would forgive the federal loans of tens of thousands of students who attended Corinthian Colleges, a for-profit college company that closed and filed for bankruptcy last month, amid widespread charges of fraud….”
  • City to Unveil Business Incubator at Dorchester High School
    “By the end of the year, students are running a licensed business and pitch their products, “Shark Tank”-style, to a panel of CEOs for cash prizes ranging from $250 to $1,000, Leitch said….”
  • Give Colleges Stake in Debt
    “Douglas Webber proposed that colleges share the risk of student loan defaults in a June 8 essay in the Chronicle of Higher Education. He said that if institutions of higher education were responsible for 10 percent or 20 percent of the cost of defaults, they’d work harder to ensure there were fewer of them….”
  • Elizabeth Warren’s New Plan for Debt-Free College, Explained
    “Sen. Elizabeth Warren used to be known for arguing that the government shouldn’t make money on student loans. Now she’s arguing that students shouldn’t have to take out loans in the first place….”
  • Give Colleges Stake in Debt
    “Douglas Webber proposed that colleges share the risk of student loan defaults in a June 8 essay in the Chronicle of Higher Education. He said that if institutions of higher education were responsible for 10 percent or 20 percent of the cost of defaults, they’d work harder to ensure there were fewer of them….”
  • Remediation for Job Seekers
    “In recent years a wide range of companies have sprung up to help fix the so-called skills gap — the gulf between what employers need and what college graduates can do. These upstarts include coding academies and job-training boot camps, where job seekers, many of whom already hold degrees, spend 10 weeks or so and a few thousand dollars learning the skills necessary to get a gig with a technology start-up….”
  • Federal Dollars Finance Ever-Greater Share of Higher Education, Analysis Shows
    “In debating the merits and value of higher education, knowing who pays for what can be an important part of the discussion. When it comes to government funding, the decline in state support is well documented. But a report released on Thursday by the Pew Charitable Trusts shows just how much the balance of responsibility has shifted from the states to the federal government….”
  • Local News

Arizona

California

  • Fresno Court Ruling Disrupts Building Plans for Schools
    “A panel of judges with the state appellate court in Fresno issued a legal ruling last week that could shake up the complex world of how many public school districts in California finance the construction of everything from classrooms to performing arts centers….”

Illinois

Indiana

  • Study: Notre Dame has $1.3B Impact on County
    “That was an increase of $135 million compared with Notre Dame’s economic impact during its 2012 fiscal year, which was the last time the university measured its effect on the county. Construction will account for a significant part of Notre Dame’s impact in the years ahead. The university plans to spend $712 million on construction over the next three years — the largest building boom in the school’s history….”

New Jersey

New York

  • New York Community College Goes Solar
    “Tompkins Cortland Community College (TC3) has completed a solar photovoltaic installation at its main campus designed to provide 90 percent of the college’s electricity, for a savings of approximately $300,000 per year at current utility rates….”

Pennsylvania

  • BCC to Change Name to Rowan at Burlington
    “As part of a new partnership with Rowan University, BCC will change its name to Rowan College at Burlington County, the schools announced Wednesday. This marks the second such partnership Rowan has made with a community college, following one that saw Gloucester County College change its name to Rowan College at Gloucester County last year….”

Texas

 World News

  • Holmes Education Group acquires IH Boston, IH NY
    “Australia-based Holmes Education Group has acquired two English language schools in the US expanding its ELT division, Oxford House College, to 15 locations in four countries….”
  • International students return net benefit of £2.3 billion to London universities
    “A new report produced by the UK-based business advocacy group London First and PwC, London Calling: International students’ contribution to Britain’s economic growth, has found that the tuition fees paid by international students (£1 billion per year, or about US$1.5 billion) represent 39% of the total fee income of London’s universities and return a net economic benefit of £2.3 billion (US$3.5 billion) to the UK economy….”
  • Research paints a clearer picture of international secondary students in the US
    “The IIE commissioned the report in part to understand the shifting mobility patterns of international secondary students in the US, and to better understand this cohort’s tendency to continue to postsecondary study in America….”
  • EAIE measures the state of internationalisation in Europe
    “A majority of higher education institutions in 33 European countries say that increasing international revenue is not the main rationale behind their internationalisation initiatives….”
  • Expat Economics
    “Rising demand for private schooling in Dubai has created huge opportunities for providers. But could limited options for financing, staffing shortages and regulation hold them back, asks Daniel Thomas….”