Thank You for the Scholarship Source: Inside Higher Ed By: Kevin Kiley Before scholarship recipients at Barton College receive money for the spring semester, the advancement office attempts something the students’ mothers have probably failed at numerous times – getting them to write thank-you notes. Financial Literacy: How 20-Somethings Look at Debt Source: SmartMoney By: Quentin Fottrell A study by Ohio State University has found that, paradoxically, the more credit-card and college loan debt shouldered by those aged 18 to 27, the more they felt in control of their lives, as the increased spending power toward achieving life goals such as a college education added to their self-esteem and sense of personal mastery. The study finds that debtors begin to feel weighed down by their finances only in their late 20s. Investors Buy Bethany U. Source: Inside Higher Ed Bethany University, a small Christian college, has approved the institution's sale to a group of unknown investors late Tuesday and it is vague what the future structure of the institution will be like. Stricter Scrutiny, Compliance for Accrediting AgenciesSource: Inside Higher Ed By: Libby A. Nelson The US Department of Education has indicated in its reports that only 2 of the 10 agencies up for review should be recommended for a full five-year term without any caveats. The remaining eight accreditors were recommended for a one-year extension, during which they would have to prove they had come into compliance with all department regulations.
