NEWS
By Childs Walker, The Baltimore Sun | December 5, 2011
Stevenson University had the highest income disparity between its president — who made $1.49 million in 2009 — and rank-and-file professors, according to a salary survey of hundreds of institutions released Monday by The Chronicle of Higher Education. Kevin J. Manning ranked 15th in compensation among the 519 presidents in the survey. Former Johns Hopkins President William J. Brody ranked second on the overall list, receiving $3.8 million, almost all from his retirement package, in his last year on the job. The Chronicle used Manning's salary to illustrate a significant gap between executive compensation and salaries given to most university employees, comparing the situation at the private college to the oft-criticized pay packages for CEOs in corporate America.
NEWS
November 20, 2009
When Gov. Martin O'Malley brought his latest package of budget cuts to the Board of Public Works on Wednesday, some of the loudest objections came from Maryland's private colleges and universities, which faced a $9 million reduction in the funding they have traditionally received to help pay for financial aid for Maryland students and to support educational programs that public universities don't offer. They succeeded in knocking the cut to what is known as the Sellinger program down to $7 million, but even that, college officials say, is an extreme hardship.
BUSINESS
By Eileen Ambrose and Eileen Ambrose,Sun Columnist | September 5, 2006
The Independent 529 Plan is three years old this week, and the prepaid tuition plan for private colleges has reason to celebrate. The treatment of prepaid plans under the federal financial aid formula became more attractive earlier this year. The federal pension law passed last month guaranteed the plan's very existence and made tax-free withdrawals permanent. (Tax provisions that allowed the plan to be created and permitted tax-free withdrawals for college expenses were set to expire in 2011.
NEWS
By GWYNETH K. SHAW and GWYNETH K. SHAW,SUN REPORTER | March 30, 2006
WASHINGTON -- The Republican-controlled House is expected to pass a measure today that would require colleges and universities to justify large tuition increases to the federal government and let Washington know how they plan to hold down costs in the future. Supporters of the provision, which is part of a broader higher-education bill, say that it would offer more information to prospective students and their parents, and give them a better glimpse of how much they can expect to pay at private and public colleges.
NEWS
By Mike Bowler and Mike Bowler,SUN STAFF | April 21, 2004
APRIL CAN be the cruelest month for those who didn't "get in" to the selective college of their choice. By now, the letters have arrived - thin envelopes for the rejections, thick envelopes with instructions and registration forms for those accepted. Joy for those who hit the jackpot, disappointment, even bitterness, for those who didn't. For those seniors feeling the sting of a rejection, there is little consolation in this fact: That turn-down by Johns Hopkins, the University of Maryland, College Park or any other college or university is actually a feather in the rejecting school's cap. It will show up next September in U.S. News & World Report as an indicator of the college's quality.
NEWS
By Mike Bowler and Mike Bowler,SUN STAFF | February 1, 2004
THERE WAS some panic in the land last week when news came out that Gov. Robert L. Ehrlich Jr. wanted to shift millions of dollars in college scholarships from programs based on academic ability to those based on financial need. A Harford County mother, for example, called a radio talk show. Her son, she said, is an honors student, a senior at Fallston High School with his heart set on attending the University of Maryland. But the threat that merit-based financial aid might dry up if Ehrlich has his way prompted the family to look at out-of-state schools.