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This mini-Web site offers guidance on implementing key elements of the new Higher Education Act.
Private Colleges and the Economic Downturn
Private colleges respond to the economic crisis:

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Top Stories
U.S. News college rankings problematic
Athens, Ga., Banner-Herald - Editorial
July 3, 2009
While U.S. News & World Report doesn't release the data it receives from colleges, it's probably a safe bet that any number of other university and college presidents did just as University of Georgia's Adams and University of Florida's Machen did, or even might have taken steps as questionable as Clemson. While such gaming of the system probably doesn't do much to skew results of the annual U.S. News & World Report rankings, it does point to the problematic nature of those rankings.
How High is Too High for the Cost of Higher Education?
Huffington Post Blog
July 2, 2009
For years the subliminal messaging most of us received was that "no price tag is too high for a quality higher education." As we rethink virtually everything in this post-AIG, post-Madoff, post-housing bubble world, it may be time to ask if that graduation cap tassel is really worth the financial hassle.
Another Divide Between Public and Private Universities: Sunshine
Chronicle of Higher Education
July 2, 2009
Sen. Charles E. Grassley (R-Iowa) has argued that all that government support should result in more transparency.And the Internal Revenue Service is working to raise reporting standards for nonprofit colleges and universities."We receive tax benefits that total millions of dollars," says Colin S. Diver, president of Reed College. "The old days, when even the elite private institutions could say, ‘We're a private club" and shut the doors, are gone."
Other News
Small colleges' survival lessons
Boston Globe
July 3, 2009
While none of the presidents of local colleges on the US Department of Education watch list said their schools are on the brink of closure, one school - Daniel Webster College in Nashua - was acquired by a for-profit company in June. The rest, meanwhile, are scrambling to cut costs and come up with entrepreneurial ventures to right themselves.
Field-To-Plate: Vermont College Students Try Farming
Associated Press
July 2, 2009
While other college students are in stuffy classrooms, about a dozen are earning credit tending a Vermont farm. For 13 weeks, 12 credits and about $12,500, the Green Mountain College students plow fields with oxen or horses, milk cows, weed crops and grow and make their own food, part of an intensive course in sustainable agriculture using the least amount of fossil fuels.
Financial woes, alumni issues await Kim
The Dartmouth
July 1, 2009
In an interview with The Dartmouth, College President Jim Yong Kim said that tackling the College's budget problems - and handling any further financial woes - will be one of his main priorities as president. "My greatest worry is that the financial situation in the world will get worse and our financial situation will get worse," he said. "It may force us to think about work reductions again."
Recession reduces private college endowments
Wilkes-Barre, Pa., Times Leader
July 1, 2009
The economic downturn wreaked havoc on the portfolios of King's College and Wilkes University in Wilkes-Barre and Misericordia University in Dallas Township. From July 1, 2008, through May 31, 2009, the schools reported the worst depreciation of endowment accounts in at least a decade. (Regional emphasis)
New Dickinson Plan to Encourage Public Service
Inside Higher Ed Quick Take
June 29, 2009
Dickinson College is introducing a new fellowship program to encourage public service and allow students to take a "gap year" (or years) between high school and college. Students apply as high school seniors and, if admitted, can defer enrollment for one to four academic years. For every year that they spend in public service, they earn a $10,000 credit toward expenses at the college.

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