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Universities use stimulus money to build high-tech research labs

Ten colleges and universities will use a total of $123 million in stimulus funds to build scientific facilities that will help campus researchers study coral reef ecosystems, experimental physics, quantum…

Education secretary pushes to revise student loan practices

Education Secretary Arne Duncan on Tuesday urged the Senate to overhaul student lending, asserting that the banking industry has had "a free ride from taxpayers for too long" and that…

Industry lobbying imperils overhaul of student loans

Four months ago, it appeared all but certain that the White House and Democrats in Congress would succeed in overhauling the student loan business and ending government subsidies to private…

Microsoft opens its cloud to researchers

Researchers have until March 15 to submit proposals to the National Science Foundation that would grant access to Microsoft’s massive cloud-computing power for three years.…

Experts split: Are FY11 student aid increases enough?

President Obama’s fiscal year 2011 budget includes $156 billion in student aid, a second consecutive increase in Pell Grant funds, and a lower cap for student loan repayments—but financial aid…

University fundraising falls 12 percent in 2009

Charitable contributions to colleges and universities plummeted an average 11.9 percent nationwide in 2009, the steepest drop in at least three decades, reports the Associated Press. …

FY11 budget would boost research funding, student aid

Research university officials praised President Obama's fiscal 2011 budget, which includes more funding for the National Institutes of Health (NIH) and the Pell Grant program used by nearly 9 million…

Investment losses cause steep drop in university endowments

Reflecting the difficult financial environment for higher education, university endowments lost an average of 18.7 percent in the last fiscal year, the worst returns since the Great Depression, reports the…

Obama: College affordability a key priority

Education is one of the few areas of the federal budget that would not see a spending freeze, if President Barack Obama gets his way this year—and making college more…

USDA awarding $310 million for broadband projects

The Agriculture Department is handing out another $310 million in stimulus money to bring high-speed internet connections to 14 rural communities around the country, reports the Associated Press. …

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