United States Secretary of Education

PowerSchool Announces Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 7, 2023

PowerSchool Holdings, Inc. (NYSE: PWSC) (“PowerSchool” or the “Company”), the leading provider of cloud-based software for K-12 education in North America, today announced financial results for its third quarter ended September 30, 2023.

Key Points: 
  • PowerSchool Holdings, Inc. (NYSE: PWSC) (“PowerSchool” or the “Company”), the leading provider of cloud-based software for K-12 education in North America, today announced financial results for its third quarter ended September 30, 2023.
  • “These third quarter results showcase our ability to build scale, operate with efficiency, and generate value," said PowerSchool CEO Hardeep Gulati.
  • Enables PowerSchool to centralize, enrich, and innovate the communication processes that have been fragmented and inefficient for both districts and parents.
  • Commenting on the Company’s financial results, Eric Shander, PowerSchool President and CFO, added, “We are pleased to see such consistent execution across our teams in this third quarter as we balance our revenue growth objectives with our goals around profitability and cash flow.

STEPS ranks top colleges for online degrees in public service for 2024

Retrieved on: 
Wednesday, November 8, 2023

RENO, Nev., Nov. 8, 2023 /PRNewswire-PRWeb/ -- STEPS, a trusted resource for connecting students with degrees and careers in public service, has released its college rankings for the 2023-2024 school year. The rankings feature colleges and universities with online degrees in subject areas focused on community health and improvement. Over 25 public service fields were ranked, including teaching, psychology, social work, public health and public administration.

Key Points: 
  • STEPS (Student Training & Education in Public Service) has identified the top U.S. colleges for online degrees in public service for 2024.
  • RENO, Nev., Nov. 8, 2023 /PRNewswire-PRWeb/ -- STEPS, a trusted resource for connecting students with degrees and careers in public service, has released its college rankings for the 2023-2024 school year.
  • The rankings feature colleges and universities with online degrees in subject areas focused on community health and improvement.
  • Over 25 public service fields were ranked, including teaching, psychology, social work, public health and public administration.

The Majority of K-12 Public Schools Offer Academically Focused Summer and After-School Programs

Retrieved on: 
Wednesday, November 8, 2023

WASHINGTON, Nov. 8, 2023 /PRNewswire/ -- Seventy-eight percent of U.S. public schools provided summer programming in 2023 designed to help students academically, according to data released today by the National Center for Education Statistics (NCES), the statistical center within the U.S. Department of Education's Institute of Education Sciences (IES).

Key Points: 
  • The NCES data on academically focused summer programs includes summer school, learning and enrichment (L&E), bridge, and other summer programs.
  • Seventy-eight percent offered academically focused summer programming, which includes summer school, learning and enrichment (L&E), bridge, and other summer programs.
  • Around 90 percent of public schools offering academically focused summer programs did so at no cost to families (summer school, 90 percent; L&E programs, 87 percent; bridge programs, 90 percent).
  • Most public schools offering academically focused summer programs had full-time teachers working in these programs (summer school, 95 percent; L&E programs, 89 percent; bridge programs, 86 percent).

Signia Hosts Inaugural Spanish-Speaking Product Training Event in Puerto Rico, Reinforcing Commitment to Delivering Unparalleled Support to Hearing Care Professionals

Retrieved on: 
Tuesday, November 7, 2023

ISELIN, N.J., Nov. 7, 2023 /PRNewswire/ -- Hearing aid innovator Signia has announced it will host its first ever Spanish language technology and product training in Puerto Rico, maintaining its commitment to delivering unparalleled support and service excellence to hearing care professionals (HCPs) in the languages most accessible to them. Featuring several in-depth and interactive sessions providing key insights and knowledge for HCPs, the program will focus on Signia's recently launched Integrated Xperience platform – the world's first hearing aid platform capable of pinpointing multiple conversation partners in real-time.

Key Points: 
  • The technology and product training event will feature a comprehensive agenda of sessions led by Signia hearing care industry professionals.
  • ISELIN, N.J., Nov. 7, 2023 /PRNewswire/ -- Hearing aid innovator Signia has announced it will host its first ever Spanish language technology and product training in Puerto Rico, maintaining its commitment to delivering unparalleled support and service excellence to hearing care professionals (HCPs) in the languages most accessible to them.
  • Leveraging its global network of Spanish-speaking product experts and trainers, Signia will deliver an impactful all-Spanish program for attendees in Puerto Rico.
  • Signia's Spanish-led in-person training provides HCPs a unique experience to learn from Signia staff and network with fellow audiology professionals in a comfortable setting.

Resumption of Student Loan Payments Caught Two-Thirds of Borrowers by Surprise; More Consumers Say Household Finances Worsening, Though Better than a Year Ago

Retrieved on: 
Thursday, November 2, 2023

TransUnion’s (NYSE: TRU) Q4 2023 Consumer Pulse study found that 49% of student loan borrowers expected the resumption to occur in 2024, with another 14% believing it would happen in 2025 or beyond.

Key Points: 
  • TransUnion’s (NYSE: TRU) Q4 2023 Consumer Pulse study found that 49% of student loan borrowers expected the resumption to occur in 2024, with another 14% believing it would happen in 2025 or beyond.
  • The Q4 2023 Consumer Pulse study is based on a survey of 3,000 American adults between September 27 and October 9, 2023.
  • The resumption of student loan payments coincides with more Americans stating their household finances are worse than planned compared to last quarter (40% in Q4 2023 vs. 35% in Q3 2023).
  • At the same time, more consumers today (31%) say their finances are better than expected versus one year earlier (23% in Q4 2022).

Pacific Oaks College Awarded $2.6 Million Hispanic-Serving Institution Grant by the U.S. Department of Education to Expand Support Services for Latinx Students

Retrieved on: 
Tuesday, October 31, 2023

PASADENA, Calif., Oct. 31, 2023 /PRNewswire/ -- Pacific Oaks College has been awarded a $2.6 million Hispanic-Serving Institution (HSI) grant by the U.S. Department of Education to maintain and expand support services for Hispanic students and scale the Latinx+ Student Success Initiative created and implemented by the college's Student Success Center.

Key Points: 
  • PASADENA, Calif., Oct. 31, 2023 /PRNewswire/ -- Pacific Oaks College has been awarded a $2.6 million Hispanic-Serving Institution (HSI) grant by the U.S. Department of Education to maintain and expand support services for Hispanic students and scale the Latinx+ Student Success Initiative created and implemented by the college's Student Success Center.
  • As of 2023, 53% of Pacific Oak's student body self-identify as Hispanic, making Latinx+ students the largest demographic at the college.
  • As a result of the grant, Pacific Oaks will create an Intentional Student Retention Center.
  • In 2020, Pacific Oaks was one of 40 U.S. colleges and universities to receive the Developing HSI Title V competitive grant from the Department of Education.

Most Parents of College Students Don't Know This Important College Financial Aid Form Is Changing This Year, Reveals College Ave Survey

Retrieved on: 
Monday, October 30, 2023

WILMINGTON, Del., Oct. 30, 2023 /PRNewswire/ -- Fall marks the start of the college admissions journey for high school seniors and their parents. With application forms to fill out, essays to write and potential tests to take, the road to college can be a roller coaster of emotions. According to a recent College Ave Student Loans survey of 1,027 parents of college students, conducted by Barnes & Noble College Insights™, 60% of parents agreed that figuring out how to pay for college caused them the most stress. More enjoyable "road to college" activities were creating a college list and helping their child with their essays (only 26% and 28%, respectively, of parents found the activities stressful). Overall, the survey highlights that families are committed to their child's higher education – 92% believe a college degree is crucial for their teen's future, an increase of 11% over 2022.

Key Points: 
  • According to a recent College Ave Student Loans survey of 1,027 parents of college students, conducted by Barnes & Noble College Insights™, 60% of parents agreed that figuring out how to pay for college caused them the most stress.
  • "We know there is a lot that has to happen to get to the first day of college," said Joe DePaulo, Co-Founder and CEO, College Ave Student Loans.
  • To help families with rising college freshmen prepare and get organized for the upcoming school year, the College Ave survey offers the following insights:
    Plan for the "pre-college" spend.
  • The survey found families spent $2,891 on average on pre-college costs, and this is before stepping foot on campus as a college freshman!

Excolere Equity Partners Announces Firm’s Launch and Strategic Investment from GCM Grosvenor

Retrieved on: 
Wednesday, October 25, 2023

LOS ANGELES and CHICAGO, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Excolere Equity Partners (“Excolere”), a leading buyout investor in the education and human capital management sectors, today announced a strategic partnership with GCM Grosvenor’s Elevate strategy.

Key Points: 
  • LOS ANGELES and CHICAGO, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Excolere Equity Partners (“Excolere”), a leading buyout investor in the education and human capital management sectors, today announced a strategic partnership with GCM Grosvenor’s Elevate strategy.
  • “Our partnership with GCM Grosvenor allows us to accelerate hiring of top talent and to build best-in-class operational infrastructure at launch, while retaining full control over the investment process and day-to-day management of the firm.
  • A strategic partnership with Excolere complements GCM Grosvenor’s 25-year history of partnering with emerging and diverse firm founders.
  • Sidley Austin LLP served as legal counsel to Excolere Equity Partners and Kirkland & Ellis LLP served as legal counsel to GCM Grosvenor.

Schneider Electric Retains #1 Position in 2023 Guidehouse Insights ESCO Leaderboard

Retrieved on: 
Wednesday, October 25, 2023

DALLAS, Oct. 25, 2023 /PRNewswire/ -- Schneider Electric , the global leader in energy management and sustainability, today announced that it has retained the top spot in the 2023 Guidehouse Insights Energy Service Company (ESCO) Leaderboard .

Key Points: 
  • DALLAS, Oct. 25, 2023 /PRNewswire/ -- Schneider Electric , the global leader in energy management and sustainability, today announced that it has retained the top spot in the 2023 Guidehouse Insights Energy Service Company (ESCO) Leaderboard .
  • This marks the third consecutive Leaderboard in which Guidehouse Insights has ranked Schneider Electric as the #1 ESCO , demonstrating its industry-leading commitment to innovation and client satisfaction.
  • The 2023 Guidehouse Insights ESCO Leaderboard assesses the strategy and execution of 11 leading players in the energy services space.
  • For more information about Schneider Electric's ranking or to read the complete 2023 ESCO Leaderboard report, access the press release here .

Mays Cancer Center: Targeting certain molecular interactions could yield new strategies for treating prostate cancer

Retrieved on: 
Friday, October 20, 2023

SAN ANTONIO, Oct. 20, 2023 /PRNewswire-PRWeb/ -- Research led by Mays Cancer Center at The University of Texas Health Science Center at San Antonio (UT Health San Antonio) has discovered that altering certain molecular interactions could yield new strategies for treating prostate cancer and related diseases.

Key Points: 
  • SAN ANTONIO, Oct. 20, 2023 /PRNewswire-PRWeb/ -- Research led by Mays Cancer Center at The University of Texas Health Science Center at San Antonio (UT Health San Antonio) has discovered that altering certain molecular interactions could yield new strategies for treating prostate cancer and related diseases.
  • "Our results provide molecular insights for potential therapeutic strategies to treat prostate cancer and other AR-involved diseases by targeting AR multivalent interactions," said Zhijie "Jason" Liu, PhD, associate professor and CPRIT Scholar in Cancer Research with Mays Cancer Center and the Institute of Biotechnology of the Department of Molecular Medicine at UT Health San Antonio.
  • The Mays Cancer Center at UT Health San Antonio is one of only four National Cancer Institute-designated Cancer Centers in Texas.
  • The Mays Cancer Center provides leading-edge cancer care, propels innovative cancer research and educates the next generation of leaders to end cancer in South Texas.