Senate Looking at Endowments as Tuition Rises
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The Senate Finance Committee demanded information from the nationâs 136 wealthiest colleges and universities on how they raised tuition over the last decade.
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The Senate moved closer on Monday to a showdown over an economic stimulus plan, with Democrats looking to offer a bigger package providing more benefits to more people than White House-backed legislation passed by the House of Representatives.
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Bill that would speed rebates of $600 to most taxpayers heads to Senate with bipartisan appeal to senators not to jeopardize bill with changes.
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The Senate Finance Committeeâs plan, which has no income cap to disqualify high earners from tax rebates, would cost more than the plan agreed to last week.
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Tuition and fees at public and private colleges and universities rose at more than double the rate of inflation, the College Board said in reports released this morning.
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The Senate Finance Committee demanded tuition information from the nationâs 136 wealthiest schools.
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If you are going to face college expenses, is your portfolio keeping pace with higher-education inflation?
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University and college funding in England rises 6.4% on last year to Â£7,137m to provide extra student places.
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Harvard University's endowment paid its two top investment managers about $25 million each last year, less than the pair earned a year ago, but still enough to irritate critics who consider the compensation excessive.
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A growing number of endowments at the nationâs independent schools have become so big that trustees have hired full-time money managers.
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The increases in the cost of higher education continue to drive up the amount that students and families borrow, according to a new report by the College Board.
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An economic aid plan to send rebates of $600-$1,200 to most taxpayers passed a key test Monday in the Senate, where Democrats are pushing to add more than $40 billion in help for seniors, disabled veterans and the unemployed.
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By James Salzer, The Atlanta Journal-Constitution  Feb. 19--Gov. Sonny Perdue wants to put an additional $700 million into  education next year, but Georgia's technical colleges might wind up having to  lay off faculty and close programs to make ends meet.
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WASHINGTON (CBS.MW) -- The Senate was expected Wednesday to approve legislation that would hike the federal debt limit by $800 billion, just as the Treasury Department runs out of room to maneuver under the existing ceiling.
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The Senate neared approval of an &#36;800 billion increase in the nation's debt limit on Wednesday, a major boost in federal borrowing that Sen. John Kerry and other Democrats blamed on the fiscal policies of President Bush.
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Regulators are set to rule on whether a fee-paying school should continue to enjoy charitable status.
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Recent college grads face an important financial decision.