November 8, 2017
Missouri’s ability to pay its bills could be dependent on what Congress includes in a tax cut plan. One proposed change would almost double the standard deduction, used by 71 percent of Missouri taxpayers on their federal and state returns. Missourians used it to reduce taxable income by $17.1 billion in 2015 and the deduction is slated to grow by 90 percent under the plan proposed last week. “It is obvious that this is a ginormous revenue loser for the state,” said Tom Kruckmeyer, chief economist for the Missouri Budget Project.
November 3, 2017
Republicans in Congress released their proposed overhaul of the nation’s tax laws on Thursday, including several measures that would place new tax burdens on colleges and students — and, critics said, could undermine charitable giving to higher education. The bill was met with immediate opposition from a number of higher-education groups, which argued that the measure would rob institutions of vital dollars and increase the price of college for debt-laden students and already-strapped families.
August 28, 2017
A year from now, some students attending the University of Missouri in Columbia — who also are Missouri residents — may be getting some of their financial aid through either the Missouri Land Grant or the Missouri Land Grant Honors programs. The programs are intended for low-income families whose students already qualify for federal Pell grants, to fill the gap between the total cost of tuition and fees and other financial aid the students also will receive.
August 25, 2017
In the aftermath of the Great Recession, a dramatic drop in state tax revenue led to significant reductions in funding for public higher education institutions, and while there has been some reinvestment by states in the past several years, on the whole states are spending approximately $9 billion less today than in 2008 on higher ed, according to a new report from the Center on Budget and Policy Priorities. Michael Mitchell, a senior policy analyst with the center who helped pen the report, said state reinvestment was tepid but present.
June 27, 2017
Remarks by Education Secretary Betsy DeVos this week focused attention on an idea that would fundamentally change higher ed: repealing its foundational piece of legislation — the Higher Education Act of 1965 — and replacing it with a new law. Ms. DeVos first suggested in May that the law should be scrapped. And earlier this week, she told the Association of Public and Land-Grant Universities, "Adding to a half-century patchwork will not lead to meaningful reform. Real change is needed."
June 8, 2017
President Trump plans to rework college-accreditation and student-aid policies in a bid to encourage greater use of apprenticeship training in higher education, a White House official said on Wednesday. Mr. Trump, who promoted the value of apprenticeship training throughout his presidential campaign, will outline the strategy next week at a meeting with the nation’s governors. The announcement will include both "very strong administrative steps" that the White House is taking on its own as well as suggestions for further congressional action, said Reed S. Cordish, assistant to the president for intragovernmental and technology initiatives.
June 6, 2017
Think of the typical college student. For many, the thought conjures a tableau of young adults strolling a leafy quad. They bask in the freedom of student life as they ease their way into adulthood. The real world awaits them. Think again. While this picture may have been broadly representative of college students in generations past, it’s badly outdated for today’s students. College students are now more likely to work, have family commitments and come from low-income backgrounds than in earlier generations.
May 3, 2017
Accrediting agencies are facing intense scrutiny from academics, policy makers and the general public, with the latest salvo being the decision by Northwestern University’s school of journalism and communications to ditch its accreditor.
May 2, 2017
The deal reached by Congress this weekend on an omnibus budget for the current 2017 fiscal year included key victories for universities and higher ed advocates. The spending agreement, which funds the government through September, restores year-round Pell Grant funding, a longtime priority sought by student aid groups since its elimination as a cost-saving measure in 2011. The deal also funds the National Institutes of Health at $2 billion more than 2016 levels. And it provides modest increases to college readiness programs TRIO and GEAR UP, which were reduced significantly in the proposed White House 2018 budget plan.
April 3, 2017
It's never easy. There are many obstacles to getting that college degree. Money is often the biggest of all. And it is the number one reason why students fail to get their degree when they are just a semester or two from graduation. Cleveland State University started taking a look at students who had to delay or stop their studies just a few credits short of receiving their diploma.