Why rich students get more financial aid than poor ones

Rankings are always partially based on performance metrics: U.S. News & World Report’s annual rankings, for example, take into account academic success and high SAT scores. Wealthier students tend to perform better on SATs, according to an assessment of SAT results by the Brookings Institution.

Colleges suffering huge financial blows from pandemic

Scores of colleges say they’re taking heavy hits as they refund money to students for housing, dining and parking after campuses closed last month. Many schools are losing millions more in ticket sales after athletic seasons were cut short, and some say huge shares of their reserves have been wiped out amid wild swings in […]

F1 team Mercedes to deliver 10,000 breathing aids to the NHS to help care for coronavirus patients

CPAP machines help to keep patients’ airways open and increase the amount of oxygen entering the lungs by pushing air and oxygen into the mouth and nose at a continuous rate. UK-based Formula One teams are also helping to produce thousands of ventilators desperately needed by the country’s National Health Service.

My College Planning Team Wins Award for Business Excellence

This award recognizes MCPT’s commitment to helping students find the best-fit colleges for the best price. Since its founding, MCPT has worked to help parents plan financially to send their children to college. Today, our free workshops and private consultations connect families with a team of financial aid experts and educational consultants who take the […]

Warren, Senate Dems push DeVos to keep close eye on coronavirus relief money to for-profit colleges

“The CARES Act defines eligibility for institutions of higher education in accordance with Title I of the Higher Education Act of 1965 (HEA), giving the Department full authority to target funds to public and private, nonprofit institutions,” the letter reads, before explaining that the title, in their reading, excludes for-profit colleges. “As such, we believe […]

Coronavirus updates: Wuhan ends lockdown, UK prime minister in stable condition in ICU

March 23 Trump says US will be open for business ‘soon’ During a White House briefing, President Trump said the US “wasn’t built to be shut down,” and he is hoping local data can be used to advise areas of when they can “cautiously” resume normal activities. “America will be open for business a lot […]

Stimulus latest: Rollout and small business loan glitches continue

Hospital funding: The stimulus bill also appropriated $100 billion to hospitals, but the need for health facilities is massive right now, and lawmakers don’t know if it will be enough. Further complicating this is that the rules surrounding who gets the funding are still largely at the discretion of the Trump administration. Aides in Minnesota […]

Special Report: Johnson listened to his scientists about coronavirus – but they were slow to sound the alarm

Indeed, the government’s Scientific Advisory Group for Emergencies, SAGE, had recommended that day, with no dissension recorded in its summary, that the UK reject a China-style lockdown. SAGE decided that “implementing a subset of measures would be ideal,” according to a record of its conclusions. Tougher measures could create a “large second epidemic wave once […]

Internally generated poverty

All seemed to be going well until CBN decided that size was the problem. A new capital base of N25 billion was set. I was away in Barcelona at the World Expo when I heard the news. From there I wrote an OPED piece critical of the Chukwuma Soludo one size fits all solution, citing […]

Behind the scenes, private equity angles for a piece of stimulus

Private-equity firms represent some of the wealthiest players in the financial industry, and invest money for other large financial players, including pension funds and college endowments. Sometimes they invest in small and promising companies. The firms also often buy distressed companies at bargain prices, like Toys R Us, then cut wages and benefits and lay […]