A cohort default rate is the percentage of a school’s borrowers who enter repayment on certain loans during a federal fiscal year (October 1 to September 30) and default prior to the end of the next one to two fiscal years.
Charts from the Federal Reserve Bank of Kansas City.
Full proposals are due September 12, 2012 for the National Science Foundation’s Research Experiences for Undergraduates (REU) program, which supports active research participation by undergraduate students in areas funded by NSF. The program aims to “involve students in meaningful ways in ongoing research programs or in research projects specifically designed for the REU program.”
The U.S. Education Department has cut $10 million from the $46.2 million McNair Scholars program, which helps prepare college students from underrepresented minority groups for graduate school, Inside Higher Ed reports. The Council for Opportunity in Education estimates that about one-third of the McNair programs will lose their grants as a result.
A new federal program launched in July 2012, aims to “place a welcome sign on federal service for students and recent graduates,” according to John Berry, director of the Office of Personnel Management. The Government Executive publication reports that the program includes tracks for current students, recent graduates, and Presidential Management Fellows.
Individualized engineering programs are gaining popularity as problems within the field call for greater flexibility and broader skill sets, Inside Higher Ed reports. Flexible programs — such as the Massachusetts Institute of Technology’s Course 2-A in mechanical engineering and Stanford University’s recently updated computer science curriculum — allow students more room to develop their areas of interest by cutting down the number of required core courses and allowing students to choose specialized track concentrations, or, in MIT’s program, design their own.