The number of students enrolling in law school could decline if Congress eliminates the Public Service Loan Forgiveness program and caps federal loans for graduate students as part of a House plan to reauthorize the Higher Education Act known as the PROSPER Act, a new analysis finds. Sallie Mae data show that 39% of law school students who took out federal loans planned to pursue loan forgiveness under the public service program.
Brown University will use a $50 million donation from Chancellor Samuel Mencoff and his wife, Ann, to endow chairs and provide research funding for the university's medical school. Another anonymous $6 million gift will fund research into Alzheimer's and other neurodegenerative diseases, said university officials.
GMAC Research published the Key Diversity Statistics series to help schools in their efforts to build a more diverse classroom. It includes data on URPs, African Americans, Hispanic Americans, and Native Americans. Get the data briefs now.
Overall, the vast majority of business school alumni are employed for a company or as self-employed entrepreneurs, according to new findings from the 2018 Alumni Perspectives Survey. Learn more on the GMAC Advisor blog.
Federal Reserve Bank of New York President William Dudley says scandals in the banking industry have led to decreased interest in the sector among new MBA graduates. Dudley, who cited meetings with business-school leaders, suggested more work needs to be done to improve the culture of the industry.
Prospective MBA students should seek programs that teach the fundamentals of artificial intelligence, says Willem-Jan van Hoeve, an associate professor of operations research at Carnegie Mellon University's Tepper School of Business. Other experts recommend students look for programs that address ethical considerations of AI and realistically explore its limits.
College and university IT leaders need to be aware of what's going on in their departments, but they should avoid stifling employees' creativity and ingenuity, says Indiana University security expert Mark Bruhn. Leaders also must be able to effectively communicate both risks and strategy across departments, Bruhn asserts.
More than 250 college and university presidents have signed on to a letter urging Congress to reach a deal to protect students currently enrolled in the Deferred Action for Childhood Arrivals program. The presidents say failure to reach a deal would affect many groups, and that "Our country and our economy will be poorer for it."
To properly secure networks, higher-education IT professionals should track down "zombie" machines still in operation, plus check the security of devices such as printers and other unsecured devices, says Curt Carver, vice president and chief information officer at The University of Alabama at Birmingham. IT leaders must proactively address vulnerabilities and work to educate those on campus about security, experts suggest.