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Finance

  • How Detroit's Bankruptcy Might Influence Education

    Kate Murray

    On Thursday afternoon, Detroit became the largest city in United States history to file for Chapter 9 bankruptcy protection. Chapter 9 is the section of the bankruptcy code that provides for the reorganization of municipalities, including large cities like Detroit. The difference between Chapter 9 and other bankruptcy filings lies in the inability to liquidate the municipality’s assets to distribute to creditors, who, in Detroit’s case, are a whopping 100,000 people. (Detroit Free Press)

  • Save $500 and Go to College

    CBS Money Watch

    Children from minority or low-income families with as little as $500 in savings for college are still three times more likely to attend school and four times more likely to graduate than their peers.

  • Should Colleges Charge Engineering Students More?

    The Wall Street Journal

    Why does a student majoring in English have to pay the same tuition as an engineering student with much higher earning potential? In a new working paper published by the National Bureau of Economic Research, one economist suggests looking at differential tuition—the practice of varying tuition costs across areas of study.

  • Senate Appropriations Subcommittee Approves FY 2014 Spending Bill

    American Council on Education

    Funds Approved for Higher Education Race to the Top, Modest Increases in Student Aid

  • Oregon Looks at Way to Attend College Now and Repay State Later

    Richard Perez Pena New York Times

    Going to college can seem like a choice between impossibly high payments while in school or a crushing debt load for years afterward, but one state is experimenting with a third way.

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