Chancellor: new higher ed legislation might be pricey
Jessica Reho
Issue date: 9/23/08 Section: News
After the first of six nationwide open meetings with the U.S. Department of Education on Friday in the Brown-Lupton University Union Ballroom regarding the recently enacted Higher Education Opportunity Act, many college officials are hoping that the new legislation will not come with too high of a price tag.
"This bill is going to add enormously to our costs," Chancellor Victor Boschini said. "The burden of the new reporting requirements alone is mind-boggling."
Boschini, who also serves as the chairman of the board for the National Association of Independent Colleges and Universities, spoke on behalf of TCU, addressing several issues in the legislation, including the various new reporting requirements. The meeting gave representatives from colleges and universities, as well as financial institutions and members of the general public, including students, an opportunity to address a panel of three Department of Education officials with concerns in regard to the legislation's forthcoming implementation.
The new legislation will require colleges and universities to report more information about their prices and costs. Those schools with the highest percentage tuition increases will be placed on a "watch list" and will be expected to explain these increases to the Department of Education. Other measures include simplifying the Free Application for Federal Student Aid form, requiring institutions to report the names of students who illegally download copyrighted property and increasing maximum limits on federal grant and loan programs.
Boschini asked the panel to select negotiators who are legitimate representatives of the affected parties in the official policies and procedures writing process.
"At several points during the past decade, negotiators with a narrow perspective have been chosen to represent broad sectors of American higher education," Boschini said. "There are many experts in Washington who are immersed in details of this legislation and knowledgeable of both our needs and the intent of Congress."
"This bill is going to add enormously to our costs," Chancellor Victor Boschini said. "The burden of the new reporting requirements alone is mind-boggling."
Boschini, who also serves as the chairman of the board for the National Association of Independent Colleges and Universities, spoke on behalf of TCU, addressing several issues in the legislation, including the various new reporting requirements. The meeting gave representatives from colleges and universities, as well as financial institutions and members of the general public, including students, an opportunity to address a panel of three Department of Education officials with concerns in regard to the legislation's forthcoming implementation.
The new legislation will require colleges and universities to report more information about their prices and costs. Those schools with the highest percentage tuition increases will be placed on a "watch list" and will be expected to explain these increases to the Department of Education. Other measures include simplifying the Free Application for Federal Student Aid form, requiring institutions to report the names of students who illegally download copyrighted property and increasing maximum limits on federal grant and loan programs.
Boschini asked the panel to select negotiators who are legitimate representatives of the affected parties in the official policies and procedures writing process.
"At several points during the past decade, negotiators with a narrow perspective have been chosen to represent broad sectors of American higher education," Boschini said. "There are many experts in Washington who are immersed in details of this legislation and knowledgeable of both our needs and the intent of Congress."
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