Mo. college loan agency to process federal loans

Starting in October, thousands of people repaying their federal student loans will begin sending their checks to the Missouri Higher Education Loan Authority, Bloomberg Businessweek reports. The Missouri agency says it is the first state-based nonprofit organization to be approved to handle federal loan payments since a 2010 law required the U.S. Department of Education to originate all federally backed student loans…

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Ark. starts technology education initiative

Arkansas officials on Tuesday announced a $2.68 million program aimed at increasing the number of students studying in high-tech fields by overhauling the curriculum at some high schools and recruiting more college graduates to teach in those areas, Bloomberg Businessweek reports. Gov. Mike Beebe and other state officials announced the launch of the STEM Works program that will focus on science, technology, engineering and math in the state’s high schools…

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FL St. defends grant-for-hire agreement with Koch

Florida State University President Eric Barron said Tuesday that the school did not compromise its academic integrity when officials there agreed to create an economics program with professorships paid for and chosen in part by a billionaire libertarian, reports Bloomberg Businessweek. Barron said two economics professors who were hired three years ago and are still on the faculty were chosen without any interference from the Charles G. Koch Charitable Foundation, which has one of three seats on an advisory board that reviews job candidates.

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