London Business School tops the Financial Times' list of best European business schools for the fourth year. The rankings are based on the publication's ranking of schools' performance in five areas.

The University of Pennsylvania's Wharton School has claimed the top spot in Poets & Quants' ranking of undergraduate business schools. Schools were ranked on several criteria, including alumni satisfaction and admission requirements.

The Supreme Court lifted the injunctions issued by federal judges in Hawaii and Maryland and will allow the Trump administration's travel ban to go into effect while the lower courts decide the cases. For more information, visit GMAC's Immigration and Visa Policy Updates.

Stanford University will begin its first MBA class on blockchain and cryptocurrencies after students expressed an interest in entering that field after graduation. Other schools, such as Wharton and Harvard Business School, are working on ways offer new courses or incorporate the topic into ongoing courses.

A proposed overhaul of the US tax code could include a number of changes affecting higher education, including provisions that would tax some university endowments, count graduate students' tuition waivers as income and repeal the tax deduction for student-loan interest. The House and Senate this week both voted to go to conference to reconcile the two chambers' versions of the bill.

The Trump administration's travel ban, which higher-education leaders say could hamper entry to the country by students and researchers, has been allowed to go into effect by the US Supreme Court as appeals are heard. The order bans travel by prospective immigrants from six Muslim-majority nations, plus North Korea, and imposes various levels of vetting on nonimmigrant travelers.

Uncertainty around higher-education policy and funding has prompted credit reporting agency Moody's Investors Service to downgrade its outlook on colleges and universities from "stable" to "negative." The report noted that tax reform and changes in financial aid "could negatively affect enrollment and tuition-revenue growth, philanthropic support, and the cost of borrowing."

Laptops are seen as an important tool for studying by 86% of college students, and 53% say they prefer classes that use digital tools, according to McGraw-Hill Education's 2017 Digital Study Trends Survey. The data also showed that 60% of students feel that digital tools have helped improve their academic performance.

Jatin Bhandari, CEO of admissions consulting firm PythaGURUS Education, writes that getting an MBA is not just about finding a job, but getting training in marketing, strategy and other skills to lead change in business. In this commentary, Bhandari asserts that an MBA degree is key for professionals who want to understand the business world and make global connections.