Jul 26, 2007

Thursday, July 26 , 2007 Virginia launches six-year plan to align K-12 standards with university-level education By Nihit Aurora It's no secret that Americans depend on schools to prepare their children for higher education and gainful employment. Recently, the State Council of Higher Education for Virginia (SCHEV) proposed a six-year plan to match K-12 teaching with university-level education. The plan, which would begin in 2007, aims to improve schools so that the schools, in turn, can better prepare students for college educations and ultimately enable them to become members of what the plan hopes will be a stable, dynamic workforce. Among the plan's goals is also improving financial aid for Virginia's students, in addition to the following:  read more New study says citizens in a dilemma By Surajit Sen Sharma A new survey by Country Insurance & Financial Services shows that citizens are split over the goals of their savings. Out of 3000 adults surveyed, 43% say that saving for their children's college educations is more important than anything else, while another 43% considers saving for their retirement more important. Moms ruled overwhelmingly in favor of their children, with 49% of moms saying that saving for the education of their children is more important than other considerations, compared to 39% of dads who agreed on the issue. The survey also found that in spite of rising costs in college education: Most Americans (78%) view college education as good investment. 62% of parents plan to shoulder the bulk of college education costs for their children.  read more Eastern Michigan University raises tuition Eastern Michigan University's governing board has approved a combined 8% increase in tuition and fees. Tuition alone will be raised by 9.5%, but there will be no increase in mandatory fees. For a typical resident undergraduate student, tuition and fees will cost nearly $7,500. The state, which may see a $1.6 billion deficit for the fiscal year beginning in October, has cut or postponed financial aid to colleges. Eight of the 15 Michigan public universities have raised tuition for next year, while the rest are expected to follow suit. Emerson College fires dean of enrollment Boston's Emerson College has fired its dean of enrollment, Daniel Pinch, alleging that he took $36,000 as consultation fees for a loan company that the college recommended to students for consolidation of their loans. Not only did Pinch allow the company to use his and the college's name for marketing purposes, but he also established his own loan company. A report released by the U.S. Senate Health, Education, Labor, and Pensions Committee, chaired by Senator Edward M. Kennedy of Massachusetts, revealed Pinch's relationship with the loan company. According to the report, the company offered $50,000 as an investment in Pinch's company, though it is not clear whether the deal went through.  read more To ensure that the Graduate School Loans Newswire is delivered to your Inbox, please add registration@graduateschoolloans.com to your address book. © 2007 Graduate School Loans. All rights reserved. Office: 175 South Lake Avenue, Suite 200, Pasadena, CA 91101