In its annual survey of four-year colleges and universities, the credit rating agency said private institutions project net tuition revenue — the money earned from students after colleges provide financial aid — will climb about 2.4 percent in fiscal 2018. Meanwhile, public universities anticipate a 2 percent growth rate during that period due to pricing constraints and shifting demographics. Moody’s polled a total of 280 of the colleges and universities it rates for the survey.
Two years ago, Folsom Lake College began a partnership with the city of Rancho Cordova to provide a fee waiver for residents who were recent high school graduates. Funding comes from a half-cent sales tax levied by the city. The program, still in its first cohort of students, is overwhelmingly popular, Robinson said, and student success rates are up as well.
In all, 28.5 percent of America’s schools are rural, and 48 percent of those rural students are from low-income families, the report said. Those are significant numbers, and so are these — we don’t spend nearly as much money on rural schools as we do in other areas. Only 17 percent of education funding goes to rural schools. On average, $6,067 is spent per year on each student in rural schools. Compare that to the national average of $11,841 spent per student each year.
Federal lawmakers have agreed to relatively small spending increases for Title I programs to districts and for special education, as part of a budget deal covering the rest of fiscal 2017 through the end of September.
Every year, the state of Texas and local school districts pay more and more for public education. Together, they’ll spend a projected $46 billion on Texas schools in 2017. That money comes from two main places: the state government and local property taxes. But that burden isn’t shared equally.
Olentangy is supposed to get more. A lot more — about $80 million over the next two years, based on the state funding formula. But the district, like 133 others around the state, is subjected to an arbitrary funding cap that restricts its increase, regardless of enrollment growth.
More school districts are turning to deficit spending and long-term borrowing to meet operational costs, according to a new Illinois State Board of Education report.
State policy plays a critical role in determining whether and how well local education improvement strategies can be implemented. As states rework their education policies under ESSA, state and local leaders need a way to assess their current policy environment and identify the changes needed to encourage local innovation and problem-solving. Read the overview, open up the self-assessment tool, then dig into the state policy reviews and recommendations in four key areas: systems, schools, famil
The awards are the first since the Legislature agreed last year to set aside $100 million to help privately run charter schools borrow money at lower interest rates. The state is effectively guaranteeing that lenders will not miss payments.
Senate Bill 1480, which would allocate an additional $3 billion of the Permanent School Fund to back charter school bonds, passed the Senate Monday, with four Republicans voting against the measure. The $30 billion Permanent School Fund, the largest education endowment in the country, guarantees bonds from traditional school districts and charter schools, allowing them to borrow money for construction at lower interest rates.