Academia

Moody’s upgrades BU’s credit rating, allowing easier borrowing

Moody’s Investor Service upgraded Boston University’s credit rating to A1 from A2 Wednesday, citing BU’s growing reputation as a prominent research university, according to a Moody’s release. Moody’s also moved BU’s outlook to stable from positive. The upgrade impacts $1.1 billion in debt held by BU, according to the release. An improved credit rating assures investors that they can more […]

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Mass. AP scores among best in nation

More high school students are taking and passing Advanced Placement exams, nationally, than ever before, and Massachusetts ranks among the country’s leaders in successful AP testing, officials said. The high school graduating class of 2012 took about one million AP exams, more than double the number in 2002, according to statistics from the AP annual report released Wednesday. In Massachusetts, […]

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College Scorecard rates BU’s costs ‘high’

College Scorecard rates BU’s costs ‘high’

Boston University students and faculty said they find the College Scorecard, a new U.S. Department of Education online tool with information on higher education costs, to be helpful for prospective and current college students. The White House and Department of Education unveiled the College Scorecard following U.S. President Barack Obama’s State of the Union promise for an easier means by […]

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Latino students face more financial aid issues, report suggests

Transparency within the national financial aid program would help Latino students who, according to a recent study, receive fewer benefits from the current financial aid system than other ethnicities, Boston University students and faculty said. Kelly Carrion, a College of Communication junior who identifies as Latina, said she and her parents have faced obstacles while communicating with BU Financial Assistance. […]

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Proposed legislation to require colleges to list graduates’ salaries

Bipartisan legislation requiring states to report data on the average salaries of college graduates will be reintroduced in Congress this week and might be unnecessary, members of the Boston University community said. Cristal Wang, a School of Management freshman, said the proposal is redundant and a waste of money, as a majority of the data is available on the Internet. […]

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Education Secretary warns against sequestration’s cuts to aid, work-study

After the deadline for sweeping spending cuts as part of the “fiscal cliff” was pushed from Jan. 1 to March 1, U.S. Secretary of Education Arne Duncan said the 10-percent, across-the-board cuts will cause dramatic harm to institutes of higher learning. The automatic spending cuts, referred to as sequestration, are considered major issues at Boston University, as they might affect […]

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Northeast at risk for sharper enrollment drop, report suggests

While recent studies predict a forthcoming decrease in enrollment in higher education across the country, particularly in the northeast, some Boston University students said they feel BU will experience little change, if any. Jason Lane, director of education studies at the Nelson A. Rockefeller Institute of Government at the University at Albany, State University of New York, released a report […]

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Freshmen see college as necessary to riches, study suggests

Freshmen see college as necessary to riches, study suggests

Despite the findings of a recent study, several Boston University students and professors said it is more important to find fulfillment and experience at college than to be hired in a high-paying job. “Taking a long-range view will be better in the long run, but given the difficult job market today, it’s reasonable for students to focus more on finding […]

Proposed legislation allows students to declare bankruptcy

While proposed legislation would provide loan forgiveness for students who have no way out, it could also cause credit problems, Boston University professors said. “The advantage of defaulting on your loans is you’re out of debt — you don’t owe the money any longer and you don’t have to make payments,” said economics professor Kevin Lang. “The disadvantage is the […]

Brown highest paid Mass. private college president, report says

Boston University President Robert Brown was the highest paid Mass. private college president in 2010, according to data by The Chronicle of Higher Education. In 2010, Brown received a total compensation of $1,141,330, about $70,000 more than Northeastern University President Joseph Aoun, the second highest paid Massachusetts private college president, a data report released Sunday stated. The data shows compensation […]