USG Institutions:
www.myajc.com
Georgia Tech Foundation to acquire Midtown’s historic Biltmore
http://www.myajc.com/news/news/local/georgia-tech-foundation-to-acquire-midtowns-histor/nrfcD/
By J. Scott Trubey – The Atlanta Journal-Constitution 2
The Georgia Tech Foundation said Monday it has a deal in place to buy Atlanta’s historic Biltmore on West Peachtree Street near Technology Square. The 1920s building appears destined to become a formal part of Tech Square, the research university’s hive of technology startups. Tech plans to incorporate the facilty into Tech Square and the Biltmore will retain its historic status, the release said.
www.atlantaintownpaper.com
Georgia Tech buys historic Biltmore building in Midtown
http://www.atlantaintownpaper.com/2016/06/georgia-tech-buys-historic-biltmore-building-in-midtown/
By Collin
The Georgia Tech Foundation Inc. (GTF) has reached an agreement to purchase the historic Biltmore on West Peachtree Street in Midtown Atlanta from an affiliate of Novare Group for an undisclosed price, according to a story at Georgia Tech’s News Center website. The building, which has approximately 290,000 square feet of loft office, retail and ballroom space, is directly across West Peachtree Street from Technology Square. The Biltmore is occupied predominantly by engineering firms, energy companies and late-stage technology startups. The largest tenants are Pindrop, SouthStar Energy Services and Kimley-Horn and Associates. The acquisition does not include the Biltmore Residences, which are privately owned condominiums. “The purchase of this property will not affect the historical status of the building,” said Al Trujillo, president of the GTF. “We will continue the legacy of appropriate financial and operational stewardship of this remarkable treasure.” “The Biltmore is already a vibrant component of what the Georgia Tech Foundation, the Institute and its partners have previously built in creating the innovation neighborhood of Technology Square,” said Gary T. Jones, chairman of the Georgia Tech Foundation.
www.wtoc.com
Black gill continues to impact Georgia shrimp
http://www.wtoc.com/story/32211236/black-gill-continues-to-impact-georgia-shrimp
By Marla Rooker, Reporter
SAVANNAH, GA (WTOC) – Shrimping season just began but it could soon become considerably shorter because of black gill. A microscopic organism is causing the problem and scientists with the University of Georgia’s Skidaway Institute of Oceanography are seeing it develop earlier than ever. WTOC’s Marla Rooker boarded the RV Savannah with researchers on Monday as officials sample shrimp in the area near the Wassaw Sound. Trawling for shrimp is no easy task and neither is identifying what is causing black gill among Georgia’s shrimp population. After emptying out the trawl net Ashleigh Price, Graduate Student at Savannah State University, gave us a better idea of what we are dealing with by saying, “it looked about 20 to 25 percent had black gill which is pretty significant.” It is significant because black gill has been present in shrimp in the past but normally does not show up during shrimping season until about August. The concern is for the shrimping industry as a whole. Don’t worry the shrimp are still safe to eat. But what is causing it?
Higher Education News:
www.insidehighered.com
Wiping Out Debt
Education Department unveils draft regulations for borrowers seeking federal debt forgiveness, which include an end to mandatory arbitration agreements and requirements for some for-profits to be on the hook to pay for debt relief.
By Paul Fain
The U.S. Department of Education on Monday released a broad set of draft regulations designed to clarify and strengthen the process for federal student loan borrowers to seek to have their debt forgiven when they have been misled or defrauded by a college. The draft regulations include new requirements that apply only to the for-profit sector, including that institutions must issue warnings to prospective students about poor loan-repayment rates, and financially troubled institutions must to set aside money to pay for loan-forgiveness claims.
www.diverseeducation.com
Restructuring Student Loans May Prove Problematic
by Jamaal Abdul-Alim
Washington — While income-based repayment systems for student loans have evidently worked in other countries, implementing such a system on a broad basis here in the United States could prove problematic because of the complex nature of the higher education landscape. Those were some of the takeaways from a Capitol Hill briefing on Monday titled “Restructuring Student Loans: Lessons from Abroad.”