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On Campus Blog

What the U's finance chief told the House higher education commitee

What the U's finance chief told the House higher education commitee

The University of Minnesota’s finance chief told state legislators Monday that colleges have raised tuition in part because … they can. When a House higher-ed committee member Ryan Winkler (DFL-Golden Valley) asked Richard Pfutzenreuter why tuition everywhere was so high, the U official had this explanation: “To be honest, it’s been there because higher ed…
by Alex Friedrich

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My strange conversation with TCF Bank

TCF Bank letter to Iranian students (PDF) TCF Bank letter to Iranian students (Text) As you can see from my earlier post, the story about TCF Bank closing the bank accounts of Iranian students hasn’t gone away. And Friday’s announcement of the $10 million fine against TCF adds an interesting backdrop. This has all reminded…
by Alex Friedrich

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Notes in the Margins: India, competency and religious universities

Revolution Hits the Universities Nothing has more potential to enable us to reimagine higher education than the massive open online course, or MOOC, platforms that are being developed by the likes of Stanford and the Massachusetts Institute of Technology and companies like Coursera and Udacity. (The New York Times) College Degree, No Class Time Required The University of…
by Alex Friedrich

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Why bank that warned UMN Iranian students is being fined

This announcement just came in from TCF Bank. It apparently has to pay a fine of $10 million for failing to comply fully with the Bank Secrecy Act. (The act essentially requires banks to help the feds prevent money laundering.) I wonder whether it’s in any way a backdrop to the bank’s threatened closure last…
by Alex Friedrich

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Alexandria tops website list of best community colleges

Alexandria tops website list of best community colleges

Not sure how the writer at CommunityCollegeTransferStudents.com came up with this list, but here’s the entry for Alex Tech: 1. Alexandria Technical & Community College With over 90% of students employed after the graduation, Alexandria Technical & Community College provides excellent education both for young people and those who want to continue their career. The…
by Alex Friedrich

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Notes in the Margins: Walmart, grad rates and Chinese office jobs

Fairness For Struggling Students Act Would Reform Private Student Loan Bankruptcy Rules Three U.S. Senators have unveiled legislation to reverse a 2005 change in bankruptcy laws that makes it nearly impossible to have private student loan debt discharged. (The Huffington Post) The Education Revolution: As Graduates Rise in China, Office Jobs Fail to Keep Up…
by Alex Friedrich

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Notes in the Margins: Textbooks, pedestrian fees and making more money

Donated Land Is Battlefield Johns Hopkins’s Big Development Plan Wasn’t Intent of Land Gift, Says Family (The Wall Street Journal) Buying textbooks on Amazon could get more expensive Would you still buy textbooks on Amazon if you had to pay sales tax? (USA Today) Worcester State University Charges Students Pedestrian Fee Fees have become a popular way for…
by Alex Friedrich

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SW Minn. State University presidential semifinalists named

Here’s a slightly edited announcement from the Minnesota State Colleges and Universities (MnSCU) system:   Two Semifinalists for President of Southwest Minnesota State University Named Campus visits scheduled for January 30-February 1 Minnesota State Colleges and Universities (MnSCU) has named two semifinalists who are under consideration to be president of Southwest Minnesota State University. The…
by Alex Friedrich

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What some UMN faculty wrote TCF Bank about Iranian student accounts

What some UMN faculty wrote TCF Bank about Iranian student accounts

Looks like some University of Minnesota faculty are trying to flex a little consumer muscle. You may remember the story of how TCF Bank informed a number of Iranian students at the U letters late last month that it was closing their accounts. Below is a copy of a letter that professor Bill Beeman forwarded…
by Alex Friedrich

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Notes in the Margins: Gays, the DREAM Act and law schools' third year

Maryland Dream Act loophole raising cost of tuition for some students in Montgomery County Undocumented Montgomery County high school students who haven’t yet graduated but want to take college courses at Montgomery College to get ahead will have to pay roughly triple the rate their peers do. (The Washington Post) Georgia-Backed Scholarships Benefit Schools Barring Gays An…
by Alex Friedrich

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