Around the industry: SCOTUS declines student loan case

Bite-sized college and higher education industry news

  • New Jersey: Thomas Edison State College is now known as Thomas Edison State University, a change to "reflect the stature and complexity and growth" that the institution has gone through in the last decade, President George Pruitt says. In November the New Jersey Presidents' Council recommended the school be changed to a university, and a month later the state secretary of higher education enacted the change (Lai, "Campus Inq," Philadelphia Inquirer, 1/11).
  • New York: The Business Council and state's public university system joined to build a database that matches prospective student interns with employers. Project leaders say the software will prevent students from ending up with an internship that doesn't meet their expectations and employers from having to leaf through endless resumes. Only State University of New York students will be able to use the database this spring, but the council plans to expand access to other schools (AP/Wall Street Journal, 1/11).
  • Washington, D.C.: The Supreme Court of the United States denied an appeal that would have made it easier to have student loans forgiven in bankruptcy. The case came from an unemployed 57-year-old in Wisconsin who owes about $260,000 in student loan debt that he incurred to attend business and law school. The man has failed the bar exam twice and says his criminal record, alcoholism, and depression prevented him from gaining employment. In 2012 he filed for chapter 7 bankruptcy, and courts did not clear his student loan debt (Kendall/Mitchell, Wall Street Journal, 1/11).

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