News and Events
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March 2013 Newsletter
March 21st, 2013
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February 2013 Newsletter
February 25th, 2013
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Senate Delays Student Loan Interest Rate Hike
June 27th, 2012
Inside Higher Ed reported today that the Senate has agreed to keep the interest rate on federally subsidized student loans at 3.4 percent for another year. The rate was set to double in less than a week. The interest rate extension will cost the government $6 billion, which will be paid for in part by changing eligibility rules for subsidized loans. Specifically, about $1.2 billion will be saved by limiting loan eligibility to 150 percent of a program's time to degree. Students pursuing a bachelor's degree would become ineligible after six years, and those pursuing an associate degree would become ineligible after three years. It's unclear how many students will be affected by the change in eligibility rules.
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CBD Colleges Win League's Innovation of the Year Award
June 8th, 2012
Sinclair Community College and Miami Dade College are recipients of the League for Innovation's
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Dept. of Ed. proposes new grad rate formula
April 26th, 2012
The U.S. Department of Education came out with a set of recommendations for changing how student success is measured by the nation's community colleges. Inside Higher Ed reported that the recommendations will change the graduation rate formula by taking into account students who transfer, part-time students and students who are not attending college for the first time. While the changes could still be several months away from becoming a reality, the recommended action plan could mean big differences in the way that community colleges collect and analyze data. It could also mean an immediate shift in the graduation rate, given that the current formula excludes a significant portion of students. See the official action plan from the U.S. Department of Education here.