Around the industry: State requires colleges to help students understand costs, financial aid

Bite-sized college and higher education industry news

  • Mississippi: Delta State University (DSU) announced last week that it will stop flying the state flag, which features the Confederate flag. The decision makes DSU the last public institution in Mississippi to fly the state flag. "The objectionable portion of the state flag—the stars and bars—presents a polarizing symbol that is a barrier to progress and improved understanding of our state, our university and our people," DSU President William LaForge said in a statement (Jaschik, Inside Higher Ed, 11/4). 
  • New York: New York Gov. Andrew Cuomo (D) announced last week that the state Department of Financial Services is taking up an initiative to better help students understand college costs and financial aid. Under the new regulation, all state higher education institutions and vocational schools must provide undergraduate students with a uniform Financial Aid Award Information Sheet that details costs and financial aid options, as well as data regarding an institution's graduation rate, median borrowing rate, and loan default rate (LongIsland.com, 11/4).
  • Rhode Island: Brown University is launching a data science initiative that aims to "unearth new methods for using big data to solve big problems," says Brown President Christina Paxson. At the onset of the program, there will be a new one-year master's degree program in data science and more undergraduate course offerings. Ten new faculty members and researchers will also be brought on to the program (eCampus News, 11/4). 

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