Settlement Provides $1.85 Billion In Nationwide Relief To Students Who Got Loans From Navient Settlement Provides $1.85 Billion In Nationwide Relief To Students Who Got Loans From Navient
Settlement Provides $1.85 Billion In Nationwide Relief To Students Who Got Loans From Navient One of the nation’s largest student loan servicers has agreed to relieve $1.85 billion in loan debt to help settle a blockbuster lawsuit filed by 38 states and the District of Columbia, authorities announced Thursday. Under the terms of the settlement, Navient Corp and its subsidiary Navient Solutions LLC will make restitution payments of roughly $260 each to 350,000 borrowers, Acting New Jersey Attorney General Andrew J. Bruck said. It will also cancel more than $1.7 billion in subprime private student loans owed by 66,000 or so borrowers nationwide, he said. The settlement includes appro…
COVID-19: Hochul Introduces New Incentive Program To Get Kids Vaccinated COVID-19: Hochul Introduces New Incentive Program To Get Kids Vaccinated
Covid-19: Hochul Introduces New Incentive Program To Get Kids Vaccinated New York is coming up with fresh ways to encourage younger residents to get vaccinated against COVID-19. Gov. Kathy Hochul announced the state’s “Vaccinate, Educate, Graduate” incentive scholarship that will provide an extra reason for New Yorkers between the ages of 5 and 11 to get vaccinated. The five-week public outreach campaign will run through Sunday, Dec. 19, consisting of a series of statewide drawings to increase awareness of the availability and efficacy of COVID-19 vaccines. Each week, parents of children who get their first dose of the Pfizer COVID-19 vaccine will be eligible…
54 Connecticut High School Students Receive $324K In College Scholarships 54 Connecticut High School Students Receive $324K In College Scholarships
54 Connecticut High School Students Receive $324K In College Scholarships More than 50 Connecticut students have each received thousands of dollars in scholarships after participating in a college preparation program. The ECMC Scholars Program has awarded a total of $324,000 in scholarships to 54 students eight Connecticut high schools, according to a news release from the organization. The Scholars Program is a two-year mentoring program that helps prepare students for college. Each of the 54 students is set to receive $6,000 in scholarship funds.  Participating schools include: Ansonia High School Bristol Eastern High School Capital Preparatory Harbor U…
UConn President Thomas Katsouleas Resigns UConn President Thomas Katsouleas Resigns
UConn President Thomas Katsouleas Resigns University of Connecticut President Thomas Katsouleas has submitted his resignation, effective as of next month. Katsouleas, who was selected as president of UConn in February 2019, notified the school’s Board of Trustees that he will resign as president at the end of his current contract, which concludes as of Wednesday, June 30. Before taking over for Susan Herbst as the 16th president of UConn, Katsouleas served as a vice president and provost of the University of Virginia. No specific reason for Katsouleas stepping down has been provided, though he reportedly made the decision months …
COVID-19: SUNY, CUNY To Require Vaccinations For All Students Before Returning To Campus COVID-19: SUNY, CUNY To Require Vaccinations For All Students Before Returning To Campus
Covid-19: SUNY, CUNY To Require Vaccinations For All Students Before Returning To Campus New York State colleges and universities will require COVID-19 vaccinations for students planning to take part in in-person classes in the fall, Gov. Andrew Cuomo announced. During a COVID-19 briefing in Manhattan on Monday, May 10, Cuomo issued a vaccine mandate stating that all CUNY and SUNY students will need to be vaccinated before the fall as the state pushes to have all eligible adults take the vaccine. Cuomo also urged private colleges to follow suit, following steps taken by Ithaca College and Cornell University, among others. Previously, SUNY schools had been offering the vaccine…
Concordia College To Cease Operation, Iona College To Take Over Campus, Provide Education Concordia College To Cease Operation, Iona College To Take Over Campus, Provide Education
Concordia College To Cease Operation, Iona College To Take Over Campus, Provide Education Concordia College in Bronxville will be ceasing its operations in the fall, with Iona College acquiring its campus and providing continued education for students in Westchester through a “teach-out” plan. On Thursday, Jan. 28, the two colleges announced that they are moving forward with a formal agreement that will allow Iona to provide continued education for Concordia’s students through a teach-out plan, enabling most Concordia students to complete their degrees at Iona. “Concordia’s challenges are reflected broadly in the higher education sector; accelerated by the pandemic, these chall…
Hofstra Names First Female President Hofstra Names First Female President
Hofstra Names First Female President A longtime educator and college administrator has been unanimously chosen to take over as Hofstra University’s first female president. Susan Poser, who is currently the Provost and Vice Chancellor for Academic Affairs at the University of Illinois has been chosen by the Hofstra University Board of Trustees to steer the school’s ship as its next president, effective on Aug. 1, 2021. “It is a great honor to be named the ninth President of Hofstra University," Poser said following her appointment. "Over the past two decades, Hofstra has benefited from outstanding presidential, b…
COVID-19: Indoor Dining To Close In NYC, Possibly Other Areas; New Rules For Gyms, Salons In NY COVID-19: Indoor Dining To Close In NYC, Possibly Other Areas; New Rules For Gyms, Salons In NY
Covid-19: Indoor Dining To Close In NYC, Possibly Other Areas; New Rules For Gyms, Salons In NY The New York State Department of Health and Gov. Andrew Cuomo have made some revisions to guidance for certain businesses as COVID-19 cases and hospitalizations keep increasing. With hospitalizations up to 5,159, the highest since mid-May, and the positivity rate statewide rapidly climbing, Cuomo announced on Friday, Dec. 11 that some businesses will be rolled back to help curtail the spread of the virus. As of Monday, Dec. 14, indoor dining in New York City will be closed, though outdoor dining and takeout will still be permitted.  Cuomo also said that health officials are evaluating…
COVID-19: College In Upstate NY Cutting 25 Academic Programs COVID-19: College In Upstate NY Cutting 25 Academic Programs
Covid-19: College In Upstate NY Cutting 25 Academic Programs Citing financial hardships brought on by the COVID-19 pandemic, an upstate New York college will be cutting some faculty and programs to help balance their budget. The Board of Trustees at the College of Saint Rose in Albany approved a plan to reduce academic expenses by $5.97 million, eliminating 16 unique bachelor’s degrees, six master’s degree programs, and three certificate programs. Students enrolled in those programs will be able to finish their degrees and will receive individualized plans to complete their program, though there will be no new students enrolled in that program. Acco…
COVID-19: SUNY Oswego Goes To Remote Learning As Cases Climb To 82 COVID-19: SUNY Oswego Goes To Remote Learning As Cases Climb To 82
Covid-19: SUNY Oswego Goes To Remote Learning As Cases Climb To 82 SUNY Oswego is suspending in-person learning for two weeks as the number of COVID-19 cases on campus continues to grow. The move, announced Friday, Sept. 18, takes effect on Saturday, Sept. 19. "While we have not reached the infection rate thresholds of the 100 individuals or 5 percent of the total on-campus population specified by the New York State Department of Health in the 'Interim Guidance for Higher Education during the COVID-19 Public Health Emergency,' after consultation with SUNY Chancellor James Malatras, we have decided to stop face-to-face classes voluntarily," University …
42 Massachusetts Colleges Deal With COVID-19 Outbreaks; 1,000 NE Students And Staff Infected 42 Massachusetts Colleges Deal With COVID-19 Outbreaks; 1,000 NE Students And Staff Infected
42 Massachusetts Colleges Deal With Covid-19 Outbreaks; 1,000 NE Students And Staff Infected COVID-19 outbreaks on New England college campuses have infected more than 1,000 students *and staff since the pandemic began. Massachusetts has had 439 cases at 42 schools while neighboring Connecticut has had 434 cases at 10 schools. As for the rest of New England: Vermont has had 34 cases at 8 schools, New Hampshire has had 68 cases at 6 schools, Maine has had 44 cases at 10 schools, and Rhode Island has had 62 cases at 8 schools, according to a New York Times database. That makes a total of 1,047 college and university students and staff who have contracted COVID-19. The NYT has kept …
UMass Boston, Others, Could Go Extinct Due To COVID-19, Says Higher Education Critic UMass Boston, Others, Could Go Extinct Due To COVID-19, Says Higher Education Critic
UMass Boston, Others, Could Go Extinct Due To Covid-19, Says Higher Education Critic The University of Massachusetts Boston is on a list of universities that are facing extinction, according to Scott Galloway, an influential higher education critic. Galloway, a New York University marketing professor, poured over data for hundreds of U.S. colleges and universities to see which ones will emerge from the COVID-19 pandemic and which ones won’t. Right now, higher education institutions across the country are making plans on how to re-open their campuses in the fall, if at all.  UMass Boston made Galloway's schools that may “perish” list because it has a “sodium pentothal c…