USG eclips for May 23, 2017

University System News:
www.hubga.com
Georgia Tech launches $1 million retail technology initiative at ATDC

Georgia Tech launches $1 million retail technology initiative at ATDC


The Advanced Technology Development Center (ATDC), Georgia’s technology incubator, is launching a new initiative for entrepreneurs focused on retail-related technology. The new program — which comes as the retailing sector faces a torrent of change in consumer behavior — is being funded by a $1 million gift from the Mookerji Foundation to the Georgia Tech Foundation. The new initiative was announced at the 2017 ATDC Startup Showcase. The Georgia Tech Foundation, in turn, has earmarked the new funds for the formation of the ATDC Retail Program. Founded in 1980, ATDC is a program of the Enterprise Innovation Institute, the Georgia Institute of Technology’s chief economic development arm. ATDC is one of the longest running university-affiliated incubators in the United States. “We chose Georgia Tech because of its commitment to economic development in Georgia and beyond, its focus on incorporating innovation in economic development, and its legacy of success,” the Mookerji Foundation said in a statement. “ATDC is a world-class technology incubator and is at the forefront of helping entrepreneurs not only build companies, but gives them the tools for long term success.”

www.charlestonchronicle.net
Onlinecollegeplan.com Ranks Top 20 Best Historically Black Colleges with Online Programs
http://www.charlestonchronicle.net/115356/2152/onlinecollegeplancom-ranks-top-20-best-historically-black-colleges-with-online-programs
Historically Black Colleges and Universities, also known colloquially as HBCUs, are recognized across the board for a variety of things, such as academics, arts, and athletics. The spotlight hits a different angle in this college ranking, http://www.onlinecollegeplan.com/best-hbcu-online/ Top 20 Best Historically Black Colleges with Online Programs. Judged on the quality of education and flexibility, these 20 schools offer the unique opportunity of fulfilling the goals of attending an HBCU and doing so online. …Here is the full college ranking in descending order: 6. Albany State University (Albany, GA)

Higher Education News:
www.insidehighered.com
Feds: 234,000 Borrowers Could Be Stuck in Default
https://www.insidehighered.com/quicktakes/2017/05/23/feds-234000-borrowers-could-be-stuck-default?utm_source=Inside+Higher+Ed&utm_campaign=c2c611973b-DNU20170523&utm_medium=email&utm_term=0_1fcbc04421-c2c611973b-197515277&mc_cid=c2c611973b&mc_eid=8f1f949a06
By Andrew Kreighbaum
About 234,000 defaulted student loan borrowers with debt valued at $4.6 billion will be stuck in limbo and unable to get out of default if a judge’s order is not lifted this week, the Department of Education said in a court filing Friday. James Runcie, the chief operating officer of the Office of Federal Student Aid, provided those figures in a court filing that was part of an ongoing legal dispute over the awarding of new debt collection contracts last year. Last month, a U.S. Court of Federal Claims judge overseeing the case issued a restraining order preventing the government from assigning newly defaulted borrowers to debt collectors — a key step for those borrowers to eventually rehabilitate their loan debt.

www.chronicle.com
Trump Administration Is Expected to Propose 18% Cut in NIH Budget
http://www.chronicle.com/blogs/ticker/trump-administration-is-expected-to-propose-18-cut-in-nih-budget/118569?elqTrackId=b32f369735dd45bc92acf6f5531710cd&elq=93ea17fa425a4039a68fec4c19919a22&elqaid=14026&elqat=1&elqCampaignId=5863
by Andrew Mytelka
The National Institutes of Health would see its budget slashed by 18 percent, from $31.8 billion to $26 billion, under a spending plan for the 2018 fiscal year that the Trump administration is expected to release on Tuesday. Details of the budget were under wraps, but The Washington Post noticed on Monday that the spending plan for the Department of Health and Human Services, of which the NIH is a part, had been posted online early. (The document was later taken down.) The NIH, the largest source of funds for research at colleges and universities, was slated to be cut by a similar amount in the “skinny” budget that President Trump released in March. The spending plan to be released on Tuesday is intended to provide details missing from the March proposals.