Salient to Investors: 11 percent of student loans were seriously delinquent – a record – in Q3 2012 versus 6 percent in Q1 2003. Almost 30 percent of 20 to 24-year-olds are not employed or in school. Jack Buckley at the National Center for Education Statistics said a college diploma
READ MORE... →Salient to Investors: Stephen Burd at the New America Foundation found almost two-thirds of private colleges for the 2010-2011 school year required students from families making $30,000 or less annually to pay more than $15,000 a year. 11 percent of students at Harvard and 14 percent at Yale received Pell
READ MORE... →Salient to Investors: Sarah Turner at University of Virginia said it is not just the sticker price and the net costs, but how likely it is that you will get into medical or law school or have some other opportunities if you choose the more prestigious college? Turner said if
READ MORE... →Salient to Investors: Two-thirds of student loans are held by people under the age of 40, and of those the number who own homes fell by 4.6 percent in Q4 2012, the biggest drop in records back to 1982. Almost a third of borrowers in repayment are 90 days or more
READ MORE... →Salient to Investors: First-time enrollment in graduate school has declined for 2 years in a row. Debra Stewart at the Council of Graduate Schools said undergraduates with debt are half as likely to pursue a graduate degree as those without. Mark Kantrowitz at finaid.org graduate students owe 30 percent of
READ MORE... →Salient to Investors: Commonfund and the NACUBO said US university endowments lost on average 0.3 percent in the year ended June 30 after gaining 19.2 percent a year earlier. Over a third of the schools reported receiving less in donations than a year earlier. Harvard’s endowment fell 4.1 percent, Yale’s less than 1
READ MORE... →Salient to Investors: The Census Bureau’s new projections show: The US population of just 399.8 million in 2050 versus 439.0 million projected in 2008. 90 percent of the US population in 1950 was white, versus 64 percent in 2010. (Beginning in 1980, whites are non-Hispanic white) Non-Hispanic whites will peak
READ MORE... →Salient to Investors: Competition from state universities’ expanding online programs is pummeling for-profit colleges, once among the fastest-growing U.S. industries. The for-profit companies are closing campuses as enrollment and stock prices plunge. Deutsche Bank said it’s a potent threat because publicly traded for-profit colleges drew 59 percent of their enrollment
READ MORE... →Salient to Investors: Hispanics are the fastest growing component of America’s workforce, yet over 80 percent of Latinos ages 25 and older don’t have a bachelor’s degree, and the unemployment rate for Hispanics was 10 percent in October versus 7.9 percent nationally. The National Center for Education Statistics says 14 percent of Hispanics ages
READ MORE... →Salient to Investors: The University of Texas system will quadruple the number of schools involved in EdX, which offers free online courses to anyone over the Internet. Texas joins the University of California, Berkeley, Harvard and MIT. A modest fee will be charged for those who want certificates for completing a
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