US unis and colleges face money laundering risks with cash payments

Jonathan J. Rusch the principal of DTG Risk & Compliance LLC said that US institutions should try to “head off” money laundering risks, following reports that international students have been paying tuition fees with cash in Canada and the UK.  “Colleges and universities do not clearly fall within the definition of financial institution” He noted […]

Enrollment still down with three-quarters of colleges reporting

Dive Brief: Undergraduate enrollment decreases deepened slightly as more schools shared their numbers with the National Student Clearinghouse Research Center, according to data released Thursday.  Colleges reported 4.4% fewer undergraduates than a year ago as of Oct....

As Thanksgiving break nears, colleges prepare to cut students loose

Dive Brief: Colleges across the country are preparing to send students home for Thanksgiving break, but their plans are inconsistent, public health experts say. Many colleges will end in-person instruction before the holiday, though others intend to welcome students...