{"id":2295,"date":"2010-02-08T08:00:19","date_gmt":"2010-02-08T16:00:19","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=2295"},"modified":"2010-02-08T12:03:54","modified_gmt":"2010-02-08T20:03:54","slug":"another-week-another-college-and-b-school-round-up","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/another-week-another-college-and-b-school-round-up\/","title":{"rendered":"Another Week, Another College and B-School Round Up!"},"content":{"rendered":"

* Round 3 MBA Special: Save $100 on all orders over $1,000 placed by February 22, 2010. Can be used for MBA essay editing, waitlist letters, and mock interviews. Use coupon code R3100.<\/p>\n

* In the State of the Union address, President Obama urged colleges to \u201cget serious about cutting their own costs.\u201d To assist in the goal of making higher education more affordable to the greatest number of students, Obama plans to increase federal support for education by 6% in 2011. Obama also supports the Student Aid and Fiscal Responsibility Act which, if passed by Congress, would eliminate bank-based federal student loans. This bill, according to the presdient, \u201cwill finally end the unwarranted taxpayer subsidies that go to banks for student loans.\u201dA more lenient payback plan is also being discussed. (The Chronicle)<\/p>\n

* According to The Chronicle last week college endowments have declined by about 23% in the last two years. In fact, the investment return for 2009 was the worst return recorded in the history of the endowment study, at -18.7%. According to John D. Walda, president of the National Association of College and University Business Officers, however, \u201cthe picture for endowments is a lot cheerier than it was a year ago.\u201d Optimism for the future, though, doesn\u2019t help the fact that certain schools that had been dependent on endowments are now in pretty bad shape, especially considering the sizable loans they\u2019re now forced to take out. The only reason why these schools didn\u2019t go under was because of fortunate investment returns from previous years.<\/p>\n

* The Moscow Times reports that \u201cRussia\u2019s business education market was among the world\u2019s worst hit in 2009.\u201d In some cases, admissions fell about 50% from last year. Some schools are even dipping into their own funds to create lending programs for students in order to maintain adequate student enrollment. Besides the fact that students (or their sponsoring companies) can no longer afford to pay for business schools, students in general seem to have lost interest in pursuing an MBA, at least for the time being. However, despite the decrease in MBA program enrollment, interest in EMBA programs in Russia is on the rise.<\/p>\n

* Women are equally represented in medical and law schools, but still lag well behind in numbers in the b-school sphere. \u201cBusiness Schools Sweeten Lures for Women,\u201d a recent article from WeNews, suggests that in order to increase female enrollment in America\u2019s business schools, MBA programs are forced to lure women in by their sweet teeth, both figuratively and literally. Recruitment events for female MBA prospects are popping up all over the country, including a private party at New York City\u2019s Dylan\u2019s Candy Bar.<\/p>\n

* Do students benefit from being in a diverse educational climate? Is affirmative action, or \"race-conscious admissions,\" justified? Will diversity improve education? These are questions raised by Peter Schmidt, author of a recent Chronicle article on campus diversity. The answer: It depends (of course). If situations are handled optimally then educational benefits will increase and the inherent problems of affirmative action will decrease. Most agree that affirmative action is not a policy that can be accepted on its own, but most be implemented along with other educational and diversity initiatives and even at that, with caution. Still, many universities are skeptical of the educational benefits derived from race-conscious admissions and believe that accepting more qualified students will benefit the students and the school, both long- and short-term, more than were they to focus on boosting classroom diversity.<\/p>\n

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Accepted.com ~ Helping You Write Your Best<\/p>\n","protected":false},"excerpt":{"rendered":"

* Round 3 MBA Special: Save $100 on all orders over $1,000 placed by February 22, 2010. Can be used for MBA essay editing, waitlist letters, and mock interviews. Use…<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,1],"tags":[83,47,222,82,39,84,130,439],"class_list":["post-2295","post","type-post","status-publish","format-standard","hentry","category-mba","category-uncategorized","tag-college-admissions","tag-financial-aid","tag-financial-crisis","tag-law-school-admissions","tag-mba-admissions","tag-medical-school-admissions","tag-recruiting","tag-women-mba","entry"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\n\t\t\n