Category: Education Economics

January 14, 2021

Congress hammered out the overall $900 billion deal in December, roughly nine months after approving the first round of funding. The new money was briefly imperiled when President Donald Trump unexpectedly declined to sign the measure, though he eventually did […]

January 13, 2021

A most disruptive year to schools and society proved lucrative for the education industry, particularly for those raising private capital. In 2020, U.S. education technology startups raised over $2.2 billion in venture and private equity capital across 130 deals, according […]

January 11, 2021

As expected, President-elect Joe Biden will, upon taking office Jan. 20, instruct the Education Department to continue the pause excusing student loan borrowers from making payments, a top economic adviser in the incoming administration said. David Kamin, who will be […]

December 30, 2020

As the year ends, one of the bigger higher education stories of the moment is Mackenzie Davis (née Bezos) gifting tens of millions of dollars to numerous low-endowment colleges and universities, most specifically HBCUs. These gifts—$30 million to Winston-Salem State, […]

December 22, 2020

A $900 billion coronavirus-relief package, expected to be passed by Congress as soon as later today, would give colleges and universities another $23 billion in relief aid to get through the next few months before the new Biden administration is […]

December 18, 2020

Lynda McGee, a college counselor at the Downtown Magnets High School in Los Angeles, is trying everything she possibly can to get her students to apply for financial aid. She has doubled the number of students enlisted as peer college […]

December 17, 2020

Higher education hasn’t seen relief funding since March, when President Donald Trump signed the Coronavirus Aid, Relief and Economic Security (CARES) Act, giving $14 billion to the sector. Since then, colleges’ budgetary pressures have escalated, with enrollment widely down and […]

December 11, 2020

The University of Vermont grabbed headlines recently with a number: 27. The figure represents an eye-popping one-fifth of the College of Arts and Sciences’ academic programs, which are on the chopping block as the economic fallout of the coronavirus ravages […]

December 9, 2020

Trump intervened on campus free speech matters early in his tenure, threatening in 2017 to revoke the University of California, Berkeley’s, federal funding following violent demonstrations that halted a planned speech there by far-right political commentator Milo Yiannopoulos. The Justice […]

December 3, 2020

The need for federal aid for colleges and universities is even greater than the $120 billion anticipated, a number of higher education groups including associations representing the colleges said in a letter to congressional leaders Wednesday. “It has become evident […]