Sallie Mae, the Reston, Va., based student loan company, has lost $104 million in one quarter. The company has been suffering from financial problems since last year and a reshuffling of its top management as well as a failed buyout. According to Democratic Underground, Sallie Mae has eliminated about 1,000 jobs over the past six [...]
The number of American high school students who drop out without graduating is increasing. To solve this problem and to improve the skills of the nation’s work force, AT&T plans to present a $100 million gift to the program that fights against dropouts. Yahoo! Finance reports that according to AT&T, the unemployment rate among Americans [...]
Once intended to allow for easy accessibility, online education creates copyright problems between U.S universities and academic publishers. Three prominent academic publishers — Cambridge University Press, Oxford University Press and Sage Publications — have sued Georgia State University, accusing it of using their copyrighted academic materials in digital format. The lawsuit is the first of [...]
A student from the Blair International Baccalaureate School has been arrested on a suspicion of bringing a gun to campus. The arrest followed a school evacuation that occurred after police were informed. The Los Angeles Times reports that police and administrators have ordered a lockdown of the campus, but no weapon has been found in [...]
Last year’s massacre at Virginia Tech has changed mental health care policies in some of US colleges and universities. From now on, university administrators and counselors are pushing students to get professional help whenever they notice a student with fatigue or an aggressive look. The Los Angeles Times reports that people who work on US [...]
The ongoing war in Iraq obviously doesn’t allow the country’s school children and students to receive a proper education. This was one of the main issues raised by refugee advocate Angelina Jolie at a panel discussion sponsored by the Council on Foreign Relations on 8 April. Education Week reports that Jolie was speaking against the [...]
Akash Maharaj, a former Yale undergraduate student, has been accused of lying on his admission application. Maharaj’s application turned out to be false. Instead, Maharaj submitted documents of an outstanding scholar from Columbia University when he was transfered to Yale with a full scholarship of $32.000. In addition to the scholarship, Maharaj also received $15,000 [...]