Terry Hartle
Terry Hartle
changes college kinds last likely reinvent university
Essentially, they're going to reinvent Tulane. The kinds of changes they are likely to make would be the most significant restructuring of any American college or university in the last century.
affect anyone student takes
It is going to affect anyone who makes or takes out a student loan.
january open orleans schools unlikely
I think it's unlikely that most of these schools in New Orleans will open before January -- if then.
concerned fairly quarrel schedule
Our quarrel with them is fairly specific. We are concerned about the cost, and the complexity, and the schedule on which they want this accomplished.
college colleges enormous facing half largest lose percent revenue share tuition
For most colleges and universities, tuition is the largest share of revenue. If you're getting 80 percent of your revenue from tuition and you lose half your students, you're facing enormous difficulties.
conclusion history loan sad step student
But on balance, one comes to the conclusion that this is a sad step in the history of the student loan program.
outpouring seen support
We are witnessing an unprecedented outpouring of support to enroll students. We've never seen anything like this before.
college cost fear order replace switch university
We fear that the FCC order will make every college and university replace every router and every switch in their systems. The cost of doing that is substantial.
fear require switch system
We fear that doing what they want will require every router and every switch in an IT system to be replaced.
broad continue education goal higher increase past played public role simply understanding
As an industry, we have not done anything like this before. Our goal is simply to increase public understanding of the broad role that higher education has played in the past and must continue to play in the future.
awhile ignored issues largely level policy public takes undo
Public policy has largely ignored these issues for a generation, and it takes awhile to undo that level of neglect.
decidedly mixed news
You don't want to say the news is all bad. It's a decidedly mixed bag.
mother
This is the mother of all unfunded mandates.
billion federal five government less loans next otherwise spend student
The federal government will spend $12.7 billion less on student loans in the next five years than they would otherwise have done. It will be felt.