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Higher Education Quote of the Week:
"Right now this is a crisis for low-income students, particularly at minority-serving institutions and historically black colleges." -
Grambling President Rick Gallot on the Trump administration's plan to cut $700 million in funds to higher education.
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Colleges and Governing Boards
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In the state of Louisiana, tuition and fees at four-year institutions have increased over the last five years an average of 59%. U.S. News is reporting that is the largest increase of any state during this period and six times higher than the national rate.
Since 2007, LSU has raised tuition and fees from $5086 a year to $11,374 this fall.
The publication also mentions, that the increases were largely due to severe cuts in state funding, which was $458 million during the same period. US News and World Report, 09.20.17
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Local Higher Education News
- Louisiana Tech set a school record for enrollment this fall with 12,873 students. This reflects a 17% increase in enrollment over the last four years. ACT scores for the Tech freshman class also hit a new all-time high. The Ruston Leader, 09.21.17
- Dr. Chris Maggio was installed as Northwestern's 19th President on September 15 during a formal investiture ceremony on the campus. Maggio is a graduate of Northwestern and has worked at the college since 1988. Natchitoches Parish Journal, 09.16.17
- Grambling State University President Rick Gallot was among the majority of HBCU Presidents who chose to skip the annual executive branch gathering in Washington, D.C. Only 29 leaders of the 107 HBCU's made the trip. "HBCUs relationship with Congress is more important. They pass the budget," says Gallot. "The administration apparently doesn't understand how urgent the funding problem is." NPR, 09.17.17
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Louisiana Higher Education News
- The Wall Street Journal is reporting that the LSU Tigers are the 5th most valuable college football team in the country. Valued at $911 million, LSU falls behind Ohio State, Texas, Alabama, and Oklahoma. Baton Rouge Business Report, 09.21.17
- Tulane's School of Medicine has received a $25 million gift, the largest in the history of the school. The widow of John W. Deming, a 1944 graduate of the medical school, made the gift in his name. Med School Dean Dr. Lee Hamm said, "As federal funding for research diminishes, the support of philanthropic visionaries like the Demings is of greater importance than ever before." NOLA.com, 09.18.17
- The New Orleans Times-Picayune Editorial Board is advocating for more financial aid for low income and non-traditional students. "It would take creativity to find a way to do it, but a modest increase in the budget for Go Grants could make a big difference for students in need," wrote the Board. NOLA.com, 09.15.17
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National Higher Education News
- Only 34% of U.S. colleges and universities met their enrollment targets this fall, which is down from 37% in 2016 and 42% in 2015. College leaders say they are growing increasingly worried that Americans are losing faith that a college degree is worth the cost. Education Dive, 09.13.17
- The long-held belief that Ivy League colleges are the primary training ground for political leaders and corporate CEOs does not statistically hold true. In a survey of the CEOs of America's 1000 largest publicly- traded companies, only 13% had a degree from an Ivy League School. American Enterprise Institute, 09.13.17
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For more information on higher education in Northwest Louisiana, please visit our website at
www.sbba4he.org
Sincerely,
Johnette Magner, Ph.D., Executive Director
Shreveport-Bossier Business Alliance for Higher Education
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in your network who are interested in higher education.
For more information on becoming a member of the SBBA, or providing direct support for our work, please contact
Dr. Johnette Magner at jmagner@sbba4he.org |
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