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Wednesday, June, 09, 2010

Banks Paying Colleges For Students Who Rack Up Credit Card Debt?

Don't miss out on joining nearly 1,500 of your colleagues and peers at higher education's premier planning event of 2010, SCUP–45. The Society for College and University Planning's 45th annual, international conference and idea marketplace is July 10–14 in Minneapolis!

 



Here's your SCUP Link to "Banks Paying Colleges for Students Who Rack Up Credit Card Debt?"

If this kind of thing is going on on your campus, it might be best to know about it and be ahead of the PR curve:

Some of the nation's largest and most elite universities stand to gain millions of dollars from selling the names and addresses of students and alumni to credit card companies while granting the companies special access to school events, the Huffington Post Investigative Fund has found.

The schools and their alumni associations are entitled to receive payments that multiply as students use their cards. Some colleges can receive bonuses when students incur debt.

The little-known agreements have enriched schools and some banks at a time when young women and men already are borrowing at record levels, raising questions about whether such collegiate and corporate alliances are in the best interests of students.

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Monday, June, 07, 2010

U Mich Revenue Streams: 1980-2010

Don't miss out on joining nearly 1,500 of your colleagues and peers at higher education's premier planning event of 2010, SCUP–45. The Society for College and University Planning's 45th annual, international conference and idea marketplace is July 10–14 in Minneapolis!



Here's your SCUP Link to "U Mich Revenue Streams: 1980-2010"

The Chronicle of Higher Education has a nifty, interactive chart showing how the revenue streams for the University of Michigan have changed (and grown) over time. You can click your way through 1980, 1985, 1990, 1995, 2000, 2005, and 2010 - and also see (below) the entire time frame at once.

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Monday, May, 24, 2010

Auxiliary Services as Potent Revenue Generators

Don't miss out on joining nearly 1,500 of your colleagues and peers at higher education's premier planning event of 2010, SCUP–45. The Society for College and University Planning's 45th annual, international conference and idea marketplace is July 10–14 in Minneapolis!



Here's your SCUP Link to the initial source for Auxiliary Services as Potent Revenue Generators.

Today's Campus' Tom Robinson explores the scope and structure of some campus auxiliary services and how they are faring in campus plans as institutions seek ways to generate more revenues. One potential problem to look out for is whether the new revenues might jeopardize an institution's not for profit status.

 

University auxiliary divisions are becoming more sophisticated operations. North Carolina State University bundled student centers, bookstores, copy services, campus cards, trademarks, licensing, dining, vending, concessions, convenience stores, catering and retail operations under the moniker Campus Enterprises and appointed a vice-chancellor level director. 

Sacramento State's University Enterprises, Inc. (UEI) has a similar service group with some novel initiatives. UEI owns an electronic outdoor board on Highway 50 which has produced $225,000 in advertising revenue in two years. UEI also acquired the former CalSTRS building in 2007 for $3.53 million. Newly named Folsom Hall, it has 188,000 square feet of classroom and lab space for the school's nursing students. UEI has also managed $300 million in research grants since 2003. The 501(c)(3) entity was created to separate certain revenue streams from state funding. 

Florida Atlantic University has a $123 million Public-Private Partnership (PPP) with British Balfour Beatty Capital Group for the development and management of "Innovation Village," a recreation, residential and retail initiative for grad students. The PPP offers an alternative solution for higher education institutions which are looking to bridge the gap between necessary capital plans—for academic facilities, classrooms and labs, athletic spaces, wellness centers and improved student housing—and the traditional financial resources needed to execute such plans. 

 

 

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