Duly noted: Nov 30 – Dec 6, 2009

  • Micro-financing of student loans in the developing world is the hot new trend in education and international development.  Vittana Foundation, which provides loans to would-be students in the developing world, has an innovative model of philanthropy.  Loans are given directly by visitors to the website and sent to particular students that the lenders choose.  The loan — sometimes as little as $25 — are repaid to the lenders when the student completes the education and finds a job.
  • Citing drastic drops in endowment, Harvard Law School suspends the Public Service Initiative, a new and much-touted financial aid program that gives third-year law students one year of free tuition in exchange for a five-year commitment of working in a public interest career.
  • The GRE is changing.  The test will be slightly lengthened (from 3 hours to 3.5 hours) and graded on a scale of 130 to 170.  Some industry experts say that Education Testing Service, the administrator of the GRE, is revamping the test to better market it as an alternative to the GMAT (administered by Pearson) to business schools.
  • The 5th Circuit upholds a school district’s restriction on student distribution of written materials to their classmates in Morgan v. Plano Independent School District. The court concluded that the restrictions are content-neutral and aimed at providing a focused learning environment.

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