This Week in College News: UC Students Develop New College Payment Method
By Taylor Cotter
Every week StudentAdvisor compiles the top stories in college news. Here are some of the biggest stories that made the headlines this week:
UC Students Develop Alternative College Payment Method
Students at University of California – Riverside are beginning to develop a payment plan for students attending any of the UC schools, who have been facing a budget crisis for the last several years. Instead of paying a tuition bill, in-state students would face no upfront cost to attend college, and instead commit to paying five percent of their income for 20 years to the UC system. The system would require out-of-state graduates to pay 6 percent, graduates working in public service to pay 3.5 percent, and unemployed students to pay nothing. The proposal, which would eliminate financial aid and student loans, is a response to the $650 million cut from the State of California to the UC system.
Chris LoCascio, president of FixUC and curator of the “Student Investment Plan” says, “The UC is broken, and we have found a way to fix it.”
Stanford Raises $6.2 billion in Fundraising Campaign
Stanford University’s latest fundraising campaign yielded $6.2 billion – more than any other higher education fundraising campaign in history. The money will go to 160 endowed faculty positions, 360 graduate student fellowships, the renovation of 38 campus buildings, seed grants for innovative research and and need-based undergraduate scholarships. More than 166,000 students, parents, alumni, faculty and staff donated money to the “Stanford Challenge,” including famous alumni Jerry Yang, Yahoo Inc. co-founder, and Phil Knight, Nike Inc. co-founder.
Seventy-one Full Sail Grads Nominated for GRAMMY® Awards
This March, 71 graduates from Florida’s Full Sail University will be competing for 71 GRAMMY® awards for 52 projects spanning 38 categories Individual graduates are nominated for Best Engineered Album-Non Classical, Best Rap Song, Album of the Year, Best Engineered Album-Classical, and Record of the Year, while dozens of other graduates are nominated for collaborative efforts.
“We are astonished by the incredible success of our alumni who have contributed to projects being recognized for GRAMMY® Awards this year," said Full Sail Director of Alumni, Jay Noble. "It is with great pride that we celebrate our graduates for continuing to inspire our current students, while following their life-long career ambitions.”
Obama Administration to Accommodate Catholic Universities in Providing Birth Control to Students
Last month, President Obama issued a mandate that all employers must cover birth control options for employees. The mandate caused a controversy with Catholic institutions, particularly Catholic colleges and universities, who typically did not provide birth control options through their health centers or health plans. Schools like Georgetown University, Catholic University of America and Boston College have been outspoken about the legislation, citing both concerns for the historical religion of their college, as well as for women's health. The President is expected to make an announcement today about accomodating of Catholic school students in need of birth control options.
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