Friday, December 27

Tag: college

Congress’s College Financial Aid Fiasco
22Dec By adminNo Comments
Business

Congress’s College Financial Aid Fiasco

Next to paying tuition bills, parents of college-age students dread few things more than completing the Free Application for Federal Student Aid, aka FAFSA. So it would seem to be good news that the Education Department this month is rolling out a new and supposedly simpler form. But government makes nothing free or simple.Members of Congress from both parties have long complained that the FAFSA is unduly complicated and makes college less accessible. The feds use the form to determine student eligibility for Pell grants and federal loans. Many colleges use it to determine how much institutional aid to award students.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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A generous new rule for leftover 529 money: Roll it into a Roth for your child
18Dec By adminNo Comments
Money

A generous new rule for leftover 529 money: Roll it into a Roth for your child

I was on the phone with one of my girlfriends — the best way to find out about financial stuff, honestly — and she told me that there was a new rule that would allow parents to rollover unused funds from a 529 college savings plan into a Roth IRA for their child.I was like: No. Way. It didn’t seem possible. First, as many college-savings sufferers know, there are restrictions on withdrawing the money you deposit into 529 plans. Generally, you have to use 529 savings for qualified education-related expenses, or you get hit with taxes and a penalty. True: there are ways to transfer 529 money to another member of your family without being taxed or penalized. Still, the idea that you might be able to rollover unused 529 funds into a Roth IRA seemed unusually generous and forward thinki...
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The College Freshman vs. the Harvard President
17Dec By adminNo Comments
World

The College Freshman vs. the Harvard President

One has to admire the logic behind the Harvard Corporation’s decision to retain Claudine Gay as president of the university (“America Gets a Harvard Education,” Review & Outlook, Dec. 13). First, she failed in her response to the Oct. 7 Hamas massacre of Israelis. Second, she failed to do anything about the exploding antisemitism on her campus. Third, she failed in her testimony before Congress. Fourth, she failed to cite and quote sources in her academic work. I guess that’s the kind of four-for-four consistency Harvard wants.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Harvard Is Big Business at Its Worst
17Dec By adminNo Comments
World

Harvard Is Big Business at Its Worst

Dec. 17, 2023 11:38 am ETMost Americans probably heard of the Harvard Corp. for the first time last week, when it issued a supercilious statement affirming its support for Harvard President Claudine Gay. The corporation, Harvard’s governing body, wrote that Ms. Gay “is the right leader to help our community heal and to address the very serious societal issues we are facing.”The statement was effectively a middle finger to alumni such as hedge-fund titan Bill Ackman, who had demanded Ms. Gay be canned after she equivocated before Congress over whether calling for the genocide of Jews violated Harvard’s rules against bullying. The corporation wished to convey it wouldn’t bow to outside pressure.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cde...
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What does it take to get into an Ivy League college? For some students, a $750,000 consultant.
16Dec By adminNo Comments
Money

What does it take to get into an Ivy League college? For some students, a $750,000 consultant.

Ways to secure a scholarship, as cost of college soars Ways to secure a scholarship, as cost of college soars 02:33 Getting into an Ivy League college or another elite university requires hard work from a student, including top grades, scores and stellar essays. But for some wealthy families, it takes a bit more to tip the scales in their child's favor: College consultants who can charge up to $750,000. The rise of concierge college consultants comes as acceptance rates for top univers...
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House Condemns Campus Antisemitism Testimony of Penn, Harvard, MIT Presidents  
14Dec By adminNo Comments
World

House Condemns Campus Antisemitism Testimony of Penn, Harvard, MIT Presidents  

Updated Dec. 13, 2023 9:51 pm ETThe House voted Wednesday to condemn the testimony of the three university presidents whose comments on campus antisemitism last week sparked calls for their resignation.The bipartisan resolution, which passed 303-126, with three members voting present, cited the presidents’ responses to a line of questioning from House Republican Conference Chair Elise Stefanik of New York. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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