CECU Daily Update Email

Education Politics and Policy
Education Secretary Betsy DeVos faces another lawsuit for overturning an Obama-era rule – Yahoo Finance
A group of consumer advocates filed a lawsuit against the Department of Education (ED) for revising an Obama-era rule that was designed to protect students who were defrauded by predatory schools.
 
Secretary DeVos Expands Earn and Learn Opportunities for Students at 190 Schools through Federal Work-Study Reform Initiative
U.S. Secretary of Education Betsy DeVos announced today the creation of a new initiative that allows more students to gain on-the-job experience with employers in their field of study as part of their Federal Work-Study (FWS) program. 

​Education News
U-M investigating former football team doctor for sexual misconduct – Detroit Free Press
The University of Michigan is investigating possible sexual misconduct by Robert Anderson, a former doctor for the school’s football team. It is also asking anyone with information to call the U-M Compliance Hotline at 866-990-0111.
 
Lambda School, a buzzy online coding bootcamp backed by big Silicon Valley names, could be placing far fewer graduates in jobs than it says – Business Insider
Lambda School, a hot online coding bootcamp that has attracted funding from the likes of Ashton Kutcher and GV, claims that 86% of its graduates find jobs within six months after graduation. But a new report from New York Magazine’s Vincent Woo indicates that the statistic may be misleading.
 
Private university opens in downtown Tucson, creating 100-plus jobs – tucson.com
Southern New Hampshire University is open for business in downtown Tucson. On Wednesday, community leaders and elected officials joined more than 100 new SNHU workers at the opening ceremony.
 
Diary of a Small College’s Fight For Survival – EdSurge
An experimental college in Vermont is among the many small colleges fighting for survival. Last summer we interviewed the new president of Goddard College, Bernard Bull, about his plans to turn it around.
 
A Shared Responsibility – Inside Higher Ed
Colleges and students are trying to find a middle ground between the increasing demands for mental health services and the rising costs of providing it. 

​Workforce/Skills Gap
It’s never been this hard for companies to find qualified workers – CNBC
A recent survey from the Manpower Group, a job placement firm, exemplifies the chasm: Nearly 7 in 10 employers reported talent shortages in 2019, the worst level ever and a jump of 17 percentage points from just a year ago. It’s also more than three times higher than a decade ago. 

Financial Aid/Student Loan Issues
Federal Student Aid Posts New Reports to FSA Data Center – IFAP
While not exhaustive, the information below provides a snapshot of key findings in our most recent reporting. Student loans are highly cyclical in nature so figures should be compared year over year whenever possible.