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☆ A degree now costs more than $90,000 a year at some US universities, showing how wildly expensive education is getting
  + stars: | 2024-03-30 | by ( Madeline Berg | ) www.businessinsider.com   time to read: +4 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe price of getting a degree has continued to climb at American universities, with the cost of some schools reaching a new threshold. This story is available exclusively to Business Insider subscribers. Out-of-state and in-state tuition and fees at public universities have risen about 38% and 56%, respectively, inflation-adjusted over the same period. In a Business Insider and YouGov survey conducted last year, 46% of Gen Z respondents said they don't think college is worth the cost.
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☆ Donor revolt at Harvard and UPenn over Israel shows big checks often have strings attached
  + stars: | 2023-10-24 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +8 min
New York CNN —Big money donations are booming at America’s colleges, helping fund higher education for millions of students. The biggest donors often sit on universities’ board of trustees, which governs the university and selects university leadership, priorities and direction. The donor backlash at the University of Pennsylvania and uproar at Harvard University over Israel and Palestine highlight how big donations often come with demands for changes to university policy and politics. The backlash has raised questions about the influence big donors wield and pressure donors may exert over leadership, hiring decisions and academic affairs. Restricted giftsMore donations are coming with strings attached, rather than letting schools spend their donations however they want.
Persons: ’, ”, Cliff Asness, James Finkelstein, David Callahan, George Mason, Nikole Hannah, Jones, Rob Reich, “, Ann Marcus Organizations: New, New York CNN, University of Pennsylvania, Harvard University, Harvard, George Mason University, Faculty Senate Tri, Council, Advancement, “, ”, Aid, Education, Critics, Indiana University, George, Koch Foundation, Yale University, University of North, Chapel, Michigan State, Stanford University, Universities, New York University, NYU’s Steinhardt, of Higher Locations: New York, Israel, Palestine, University of North Carolina, Saudi Arabia, Qatar, Kuwait
☆ The cost of college room and board is rising even faster than tuition. It's driving students into even more debt.
  + stars: | 2023-04-19 | by ( Madison Hall | ) www.businessinsider.com   time to read: +7 min
In many public universities, the cost of room and board has risen faster than the cost of tuition. Using the Internet Archive's Wayback Machine, Insider documented the reported tuition and room and board costs from ten public universities from 2012-2013 versus the 2022-2023 academic year. The data matches a trend that the College Board found, which noted that between 2009 and around 2014, the cost of room and board rose by more than 20 percent. Paying more for room and board leads to more debtAs students are forced to pay even more for room and board, they're often putting themselves into increasingly more debt. The sticker price of tuition, room, and board, however, isn't what it seems once interest is factored in.
☆ George Santos said he'll resign if 142,000 people demand it. Adam Kinzinger is trying to make it happen with a new petition.
  + stars: | 2023-01-16 | by ( Cheryl Teh | ) www.businessinsider.com   time to read: +3 min
Former GOP Rep. Adam Kinzinger is trying to get Rep. George Santos to resign. Santos told Rep. Matt Gaetz he will resign if 142,000 people demand it. Kinzinger kicked off an online petition on Thursday, the same day Santos appeared on the podcast "War Room: Pandemic" with Florida Rep. Matt Gaetz. Kinzinger also promoted the petition in a tweet on January 12, writing: "He said he'll resign if enough people ask - so game on. Long Island Republicans and the New York State GOP in January also called on Santos to resign, but Santos has refused to do so.
☆ George Santos — accused of falsifying most of his CV — says he is a 'workhorse' and that he's 'lived an honest life'
  + stars: | 2023-01-13 | by ( Cheryl Teh | ) www.businessinsider.com   time to read: +3 min
George Santos told Matt Gaetz that he has lived an "honest life." During the podcast, Santos told Gaetz he has "lived an honest life" and has "never been accused of any bad doing." Santos admitted to the New York Post in December that he never graduated from any institute of higher learning. Prosecutors in Long Island said on December 28 that they opened an investigation into Santos. Long Island Republicans and the New York State GOP in January called on Santos to resign, but he has refused to do so.
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