District Administration - November 2008 - (Page 20)

Briefings NewsUpdate Continued eral loan from $2,000 to $5,000, says Phil Day, president of the National Association of Student Financial Aid Administrators. But many students—close to half, says Kenney—rely on private loans to augment their federal loans in order to attend expensive universities. The federal loan programs are cheaper and have better repayment options than those of private lenders, says Kenney, which require a cosigner and are increasing their fees and costs. Kenney recommends that students apply to at least eight to 10 schools to increase their options for financial aid upon admittance, and to look into individual college scholarship programs as well as scholarships from their local community. —Kevin Butler Schools Feel Pain of Financial Meltdown construction of schools, county libraries, and expansion projects could be delayed. John Musso, executive director of the Association of School Business Officials International, says the state of the economy poses hard questions for school systems holding referendums with capital construction projects on the ballot. “With the eroding property tax base, the public will may just not be there,” he says, “and many proposals may be delayed, reduced in scope, or simply not pass.” Dee Freeman, executive director of the council of government in Durham, N.C., says the longer the market crisis persists, the longer it will force local leaders to make hard decisions. Governments may be forced to borrow money on unfriendly terms, and hope to refinance the debt later when markets return to normal. College Loans Not Immune StuDeNtS GOING thrOuGh the college application process, in addition to students already enrolled in college, are also running scared due to private lenders pulling out of college loan packages. “Spawned by the subprime mortgage crisis, private lenders are leaving at an alarming rate,” says Dave Kenney, the CeO of CollegeZapps, a Web site that provides an easy way for students to fill out college applications. “It may not seem like it makes sense—with the prospect of students graduating in four years and getting jobs—but default rates are increasing across the board.” Congress did act over the summer to provide guarantees to financial institutions for their federal loan programs, which increased the average student fed- No More Fuzzy Math the FINDINGS AND reCOMMeNDAtIONS of the National Math Panel, commissioned by President Bush to find out why the math skills of u.S. students pale in comparison to those in other countries, were released last March, but resources related to the findings are now available to educators online. The tools, developed by the education Department for educators to use in implementing the findings, can be found at www.ed.gov/mathpanel and include a short film about what administrators can do to support their students’ math knowledge and skills. A digital workshop for teachers will also be offered in the coming months. Crisis Aversion NO ONe WOuLD ArGue thAt kids are to blame for the fallout in the financial markets, but that’s who the u.S. treasury Department is targeting with a just launched program to educate them about credit and other financial matters. The long-planned multimedia campaign consists of television and radio spots, Web banners and a site (www .controlyourcredit.gov) complete with financial tools, resources, and an interactive game called “The Bad Credit hotel.” The treasury Department says there is no similar program in the works for the heads of financial institutions or government regulators. 20 November 2008 FAST FACT One in 5 public school students is Hispanic, says a new study by the Washington-based research group Pew Hispanic Center. The number of Latino students—which has doubled since 1990 to reach 10 million in 2006—is expected to swell to 28 million by 2050. The good news for educators—who are grappling with how to educate English learners—is that 82 percent of Latino students speak English fluently. District Administration http://www.ed.gov/mathpanel http://www.controlyourcredit.gov http://www.controlyourcredit.gov

Table of Contents for the Digital Edition of District Administration - November 2008

District Administration - November 2008
School Breakfasts: An Added Value
Contents
Editor’s Letter
Letters
1-2-3 Campus Safety
News Update
Administrator Profile
District Profile
Snacks as Part of Your School Nutrition Program
Technology
Facilities & Construction
Admissions
DA Web Seminars
Leadership Assessment
How Well Does This Web Site Work?
New Products
Technology Books
Professional Opinion
Supervisor’s Opinion
Crisis Response
Problem Solution
Research Center

District Administration - November 2008

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