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- As top universities strive to become more affordable, many have agreed to maintain their no-loan pledges again this year. (52 schools made no-loan pledges last year; 50 have committed to renew that pledge again this year.) This decision saves low-income (and some middle- and upper-class families) from receiving unreasonable student loan offers in their financial aid packages. To make up the difference in cost, colleges will be offering more work-study options and grant aid. (Bloomberg Businessweek)
- Another Bloomberg Businessweek blog post explores the explosion of the new MBA admissions buzzword: innovation. Top b-schools all over the country are opening new "design labs," are including classes and workshops that revolve around innovation, and are including the ubiquitous word in their mission statements and marketing material. The accreditation agency, the Association to Advance Collegiate Schools of Business (AACSB), recently released a report claiming that as popular as the term may be in the admissions, application, and marketing world, on actually b-school campuses, the word "innovation" has made less of an impact. While some may believe that the emphasis on innovation has been overplayed, others, including AACSB, are working to encourage b-schools to further foster innovation. See the blog post for the AACSB's tips and recommendations on promoting innovation on b-school campuses.
- About 63% of UPenn accepted students decide to attend the school, reports a Daily Pennsylvanian article that explores the different yield rates of various Ivy League schools. Apparently, that number remains consistent from last year, despite the increase in the number of schools that high school seniors apply to and the number of applications that Penn received this application season. Unlike last year, however, this year only 10-15 students will be admitted from the waitlist, as compared to last year's 100. Harvard, MIT, and Cornell also saw similar yields to last year; Dartmouth's yield went up 7% from last year.
- The students at UVA Darden participated in an experiment to see whether the Kindle devices were appropriate for classroom use. 75-80% of Darden students said they would not recommend the Kindle to incoming students. Apparently the device is too "rigid" for students who are immersed in case-based pedagogy and the Socratic method—"You must be highly engaged in the classroom every day," says Michael Koenig, Darden's director of MBA operations. "[The Kindle] is not flexible enough…compared to the paper alternatives." Many students may turn to a Kindle for outside-class preparations or readings, but according to Koenig, and according to most of the students, the old-fashioned option of pen and paper work best for the Darden-style interactive, fast-paced learning. (UVA Darden News)
Related Accepted.com Resources:
- Financing Your Future: Winning Fellowships, Scholarships and Awards for Grad School, an instantly downloadable ebook.
- B-School Zones
- UVA Darden's New i.Lab Program Encourages "Design-Thinking"
- Haas' New Image: "Developing Innovative Leaders"
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