Colleges & Universities
Pay and Benefit Increases On the Rise for Private-College Presidents
A recent analysis by The Chronicle finds that half of the 50 highest-paid private-college presidents received cash perks to pay taxes on bonuses and other benefits in 2010. The practice, known as “grossing up,” has helped 36 private-college presidents surpass the $1-million mark in earnings and increase the median compensation to $396,649, a 2.8-percent rise over 2009. While pay and benefits increase among private-college presidents, the practice has fallen out of favor in much of the corporate world. Read more…
High School Rigor Preparing Students to Succeed
Meeting the demand for college educated workers is a multi-faceted endeavor, but recent research shows a student’s high school experience to be a critical contributing factor to college “persistence,” staying in classes to achieve a credential. As the Center for Public Education found, offerings in mathematics, advanced placement courses and academic advising were are large contributors to future college success. There are many surprising findings in this report, but perhaps the most striking is that we were not forced to look at the extremes of socioeconomic status and academic achievement in order to see major differences in first year persistence. Rather we examined students in the. Read More.
U.S. Manufacturing Coming Back with Help from Higher Ed
Michelin’s recent announcement that their newest plant will be located in South Carolina contradicts the predictions from many analysts that U.S. manufacturing can’t compete with cheaper production from places like China or Mexico. As the Wall Street Journal reports , relationships between factories and schools are helping reeducate employees to fill demand for newer production jobs. The area’s manufacturers have built a symbiosis between factory and school. Walking through GE’s gas-turbine plane some months back, I asked the factory manager how she coped with the nation’s shortage of engineers. “We don’t have a shortage,” she said. She gets plenty from Clemson. Read More.
Join CB&H for a College & University Roundtable on October 19th
The higher education sector continues to face intense scrutiny as federal and state governments seek sustainable solutions to budgetary concerns. In this uncertain environment, colleges and universities must seek to maintain a sound financial strategy led by cost discipline and compliance. Join Cherry, Bekaert & Holland’s Education Group in Charlotte, NC on October 19th for a roundtable discussion with a panel of industry experts. Topics and Speakers include the following: What’s New in Tax for Higher Ed? Janice Ratica, JD, CPA | Partner, Firm Director of Nonprofit Tax Services, Cherry, Bekaert & Holland Linking the Strategic Plan, the Financial Plan and the Campaign Plan James Bullock | Vice President. Read More.
College Degrees Benefit Workers in Jobs Where No Degree Is Required
A debate over the actual value of a college education is taking place, similar to the debate over high school education held at the turn of the last century. But there continues to be ample evidence of both the national need for a college-educated workforce , and, as the New York Times examines, the value of a degree to the individual. The evidence is overwhelming that college is a better investment for most graduates than in the past. A new study even shows that a bachelor’s degree pays off for jobs that don’t require one: secretaries, plumbers and cashiers. And, beyond money, education seems to make people happier and. Read More.
University Parking Woes Could Be Answered Through Green Initiatives
Colleges across the nation are finding that a push toward environmental responsibility could be the solution to a different problem — overcrowded parking lots. University officials, particularly in urban areas, are working with local communities to install bike lanes, promote cycling safety and provide students with access to free bikes. As Inside Higher Ed reports, this push, coupled with more traditional methods, are helping schools address a variety of needs. Predictably, there has been some resistance. “There is definitely a strong voice against having to pay to park; there’s a pushback there that I think we haven’t experienced in other sustainability efforts,” Case. Read More.