Wayne Watson (right), president of the troubled Chicago State University, will leave his position.
Chicago State has long been plagued by low graduation rates, financial mismanagement, and fights between faculty and administration.
Chicago State hired Watson, the former president of the City Colleges of Chicago, in 2009 because, as the school’s board chairman explained, Watson "has at least the credentials and a record of honesty and integrity and professionalism. We have come to an […]
The Consumer Financial Protection Bureau, the newly-created agency in charge of protecting the interest of consumers and promoting fair business practices, announced last week that it will begin to investigate private students loans, which represent $150 billion worth of student debt.
It’s probably about time to start thinking about refinancing options for private loans, but this effort is unlikely to have much impact on the real student debt problem. According to the CFPB:
In what appears to be sort of acknowledgement of the life of Aaron Swartz (right), the American computer programmer and Internet activist who committed suicide last month while facing legal charges related his downloading of academic journal articles from JSTOR, the White House announced yesterday from now on all taxpayer-funded research will be available to the public within one year of publication.
According to the White House Office of Science and Technology Policy: