Notes in the Margins: Obama’s elitism, university grades, and phantom student-loan revenue

UNC faculty leader pushed rewrite of key report to keep NCAA away Newly released correspondence shows the faculty leader at UNC-Chapel Hill watered down a report into academic fraud to lessen the chances the NCAA would come back to campus. (News Observer via The Washington Post)

San Jose State suspends collaboration with online provider San Jose State suspends its project with Udacity to offer low-cost, for-credit online courses after many students fail to pass them. (Los Angeles Times)

Should university systems be graded, too? Depending on whom you ask, a proposed international testing system will either be the next big thing in higher education or a pointless, expensive exercise. (The New York Times)

More top Obama officials have graduate degrees from Oxford than any public university in the United States The 250 administration officials National Journal has selected as its 2013 “Decision Makers” are an elite group. That’s not too surprising. Four years ago, when we conducted a similar survey, the most common undergraduate and graduate school for administration officials was Harvard. (National Journal via NAICU)

Uncle Sam’s phantom loan revenues Underestimating costs and defaults lets the feds claim billions in profits that will never happen. (The Wall Street Journal via NAICU)