Notes in the Margins: Debt tactics, holistic admissions and Wall Street’s academics

European Business Schools Get in the Fundraising Game As Weak Economy Crimps Subsidies, Alumni Receive Unusual Appeals (The Wall Street Journal)

Loan Monitor Is Accused of Ruthless Tactics on Student Debt As the Educational Credit Management Corporation fights borrowers who file for bankruptcy on federal loans, there is growing concern over its collection practices. (The New York Times)

Colleges tying presidential raises to results The trend exposes the reality that presidential evaluations historically have been almost a formality at many colleges, and raises often rubber-stamped, said Patrick Callan, president of the National Center for Public Policy and Higher Education. The process appears to be undertaken “just to justify extravagant salaries, or is way too focused on fundraising,” he said. (The Hechinger Report)

Academics Who Defend Wall St. Reap Reward Wall Street paid academic experts — and gave money to their universities — whose research supported the financial community’s views on commodity trading. (The New York Times)

The False Promise of ‘Holistic’ College Admissions Many institutions claim to evaluate applicants based on who they are as people rather than simply looking at test scores and grades—an approach that incites anxiety in students and parents alike. (The Atlantic via University Business)

  • Guest

    EDMC isn’t the only For-Profit College with questionable loan tactics. You posted in October the article describing Globe University/MSB shaky private loan with sharky conditions and murky relationship with collection agency.