From another wrinkle in the rollout of the new Free Application for Federal Student Aid to the forthcoming closure of Florida Career College, here are the top-line figures from some of our biggest stories of the week.
By the numbers
3.1M
The number of Free Application for Federal Student Aid forms that have been submitted this admissions cycle, the U.S. Department of Education announced this week. However, the agency also said it wouldn’t submit FAFSA applicant info to colleges until March, further compressing already tight timelines for institutions to get out financial aid offers to students.
87%
The share of revenue Florida Career College, a for-profit chain, received from Title IV federal financial aid in the 2021 fiscal year. FCC recently announced plans to close its remaining campuses by mid-February after the Education Department said it planned to pull the chain's federal funding.
31%
The share of surveyed hiring managers who said they avoid hiring Gen Z workers, according to a recent poll from ResumeBuilder.com. One expert pointed to Gen Z members spending their college years in remote settings, contending that the departure from in-person learning impacted their ability to learn key skills.
$10,300
The amount of per-student state funding Florida A&M University, a historically Black college, received in the 2018-19 academic year — significantly less than the $14,574 per student that University of Florida was allocated. Students at Florida A&M alleged the disparate funding proved the state discriminated against the HBCU, but a federal judge ruled against their lawsuit last week.
$7,716
The in-state tuition for most colleges within the Pennsylvania State System of Higher Education. Pennsylvania Gov. Josh Shapiro recently pitched a higher ed overhaul that would lower tuition and fee costs to $1,000 for residents who make up to the state’s median income of about $70,000.
