Tuesday, October 26, 2010

Colleges got $83.5m in card deals - The Boston Globe

Colleges got $83.5m in card deals - The Boston Globe

Colleges got $83.5m in card deals

Associated Press / October 26, 2010

NEW YORK — Colleges, alumni associations, and related groups were paid $83.5 million last year under 1,004 agreements with credit card companies, according to the Federal Reserve.

Schools and affiliated groups were generally paid for each account opened. Of the agreements reported, about 40 percent were with colleges, 33 percent with alumni associations, and the rest with other organizations.

The agreements resulted in the opening of about 53,200 accounts. The report does not specify how many accounts were opened by students; some may have been opened by faculty.

The three agreements that resulted in the largest number of account openings

GLOBE EDUCATION NEWS

Bomb squad called to Swampscott High

The State Police bomb squad responded yesterday morning to reports of a suspicious package at Swampscott High School, according to State Police and the State Fire Marshal’s office. Police were called about 10:50 a.m. by the school principal, and remained at the scene for hours, said Jennifer Mieth, a spokeswoman for the fire marshal’s office. (Boston Globe)

Colleges got $83.5m in card deals

NEW YORK — Colleges, alumni associations, and related groups were paid $83.5 million last year under 1,004 agreements with credit card companies, according to the Federal Reserve. (Associated Press)

Symposium to seek solutions to campus violence

Law enforcement officials and administrators from local colleges plan to meet today to brainstorm ways to confront violent crime on college campuses, following a recent series of assaults, including a fatal stabbing. (By Milton J. Valencia, Globe Staff)

Norton warns teachers not to ‘friend’ students

In the hazy realm of cyberspace, one school district is drawing a sharp line: Virtual friendships between teachers and their students are a bad idea. (By Peter Schworm, Globe Staff)

Quinsigamond Community College, Assabet Valley Regional Technical High School explore partnership

Aiming to bring more higher education options to the Marlborough region, Quinsigamond Community College and Assabet Valley Regional Technical High School are exploring a partnership to share space and curriculum offerings. (By Erica Noonan, Globe Staff)

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