May 22, 2015 – June 1, 2015

Industry Related Reports

National News

  • The Full-Stack Higher Education Company
    “Nine-figure financings in education are rare. So a few weeks ago when AltSchool announced it had raised $75M in Series B financing from Founders Fund and Mark Zuckerberg’s foundation, along with $25M in venture debt, for a total of $100M, the entire education private sector paid attention….”
  • Colleges Prepare for New Dual-Enrollment Law that Gives Free College to Thousands
    “Already 11,000 teens have been enrolled in technical college classes while still in high school and another 6,700 students enrolled in four-year colleges and universities….”
  • Judge Upholds ‘Gainful’ Rule
    “A federal judge on Wednesday dismissed a lawsuit that challenged the U.S. Department of Education’s rewritten “gainful employment” rule, handing a victory to the Obama administration in its longstanding regulatory battle with for-profit colleges….”
  • Ivy League Presidents Are Starting to Get Paid Like Corporate Executives
    “Presidential pay at elite universities is increasingly resembling that of corporate America, with performance bonuses and exit packages. While colleges say the rewards reflect the complexity of running multi-billion-dollar organizations, professors, alumni and others have questioned whether it is appropriate for nonprofits….”
  • Pushing Back on the Dismantling of Higher Ed Narrative
    “Reading the Rolling Stone article What’s Left After Higher Education Is Dismantled will leave you nothing but depressed. Don’t be. Our future is better than you think. There is no doubt that our industry has its challenges. Chief amongst our problems is the erosion of public funding….”
  • Tighter Oversight of ITT
    “The U.S. Department of Education increased its monitoring of ITT Educational Services last month after the Securities and Exchange Commission filed civil fraud charges against the for-profit college giant and two executives, the company disclosed Friday….”

Local News

Connecticut

Illinois

  • Loyola U Takes Space in Chicago Digital Incubator
    “A Chicago university has joined several other institutions in setting up a workspace in a digital incubator to put its students and faculty in direct contact with area entrepreneurs. Loyola University Chicago has begun working with 1871, which houses 325 digital startups….”

Louisiana

Minnesota

  • University to Invest in Startup Companies
    “In order to get research and patents into the hands of companies, the University of Minnesota’s Faculty Senate recently voted to update the school’s policy on the commercialization of technology to allow the University to invest directly in startup companies….”

New Jersey

  • Rutgers Receives Nearly $500K from U.S. to Build Technology Park
    “U.S. Assistant Secretary of Commerce Jay Williams visited the university’s Busch campus in Piscataway today to announce the grant, one of 12 awarded nationwide to “advance innovation and capacity-building activities in regions across the country,” according to a press release issued with the event….”

North Carolina

Rhode Island

  • A New Kind Of College Wins State Approval In Rhode Island
    “As of this month, College Unbound took a big step forward. The state Council on Postsecondary Education recognized it as an independent degree-granting postsecondary option in Rhode Island. Previously, the project had awarded degrees in partnership with other institutions….”

Wisconsin

  • UW Colleges to Shrink Administration to Deal with $6.7 Million Cut
    “The University of Wisconsin’s network of two-year colleges plans to slash its administrative ranks — in the process cutting nearly 10 percent of its overall workforce — in response to Gov. Scott Walker’s historic $300 million proposed cut to the University of Wisconsin System….”

Wyoming

World News