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Category: Education


Education, Industries

State support for higher ed set to jump 6.6% in 2023 before inflation

February 2, 2023

Via: Education Dive

Grapevine data is often later amended — last year the survey projected an 8.5% year-over-year increase that was later revised downward to 7.5%. But it still offers valuable insight as an early snapshot of the latest developments in public funding […]


Education, Industries

Education Department report reveals snags in student loan programs

January 30, 2023

Via: Education Dive

The report reveals which groups of borrowers are most struggling to navigate the federal student loan system and where they are hitting snags. Of the nearly 90,000 complaints borrowers lodged about federal student aid, 57% centered on issues with loans. […]


Education, Industries

Only 22% of bachelor’s degree recipients would pay off loans under income-driven repayment proposal, report says

January 25, 2023

Via: Education Dive

The report’s authors argue that the Biden administration’s proposal will transform the income-driven repayment program from “a safety net that supports borrowers with low incomes into a substantial subsidy for most undergraduate students who take on debt.” In turn, most […]


Education, Industries

California budget proposal cuts 2% from higher ed on the backs of capital projects

January 11, 2023

Via: Education Dive

State higher education spending decisions are worth extra attention right now amid persistent inflation, economic uncertainty and federal aid approved during the pandemic that’s moving farther into the rearview mirror. Many states are diving into budget planning as legislative sessions […]


Education, Industries

Education Department releases regulatory plans on income-driven loan repayment, low-value colleges

January 10, 2023

Via: Education Dive

The proposed reworking of income-driven repayment plans, commonly known as IDR, fits with the Biden administration’s stated mission to overhaul the beleaguered federal student loan system and enact new borrower protections. Policymakers of all political stripes have called out flaws […]


Education, Industries

How can colleges adapt their financial aid offices for prison education programs?

December 20, 2022

Via: Education Dive

Federal Pell Grants, which typically help low-income students pay for college, had been broadly unavailable to people in prison under a 1994 law. But since 2015, the Second Chance Pell pilot program has allowed incarcerated people to receive Pell Grants […]


Education, Industries

What colleges need to know about problems with student loan servicing

October 25, 2022

Via: Education Dive

The Consumer Financial Protection Bureau has turned a critical eye toward higher education’s monetary ecosystem recently. This month, it scrutinized the deals colleges strike with banks. But it’s been investigating other aspects of the sector as well. That follows a […]


Education, Industries

77% of adults think it would be hard to pay for college, according to survey

October 12, 2022

Via: Education Dive

The new polling adds data points about a long-standing concern for college leaders: whether the public views higher education as affordable and worthwhile. That question has been even more important since President Joe Biden announced a wide-ranging federal student loan […]


Education, Industries

Why a state flagship will encourage all 30,000 of its students to open investment accounts

October 7, 2022

Via: Education Dive

Higher ed leaders often focus on the financial choices students face, but the conversation overwhelmingly focuses on tuition costs and basic needs like housing and food. The University of Kentucky is looking at another area. In September, it announced it […]


Education, Industries

Stanford Law School tries out income-share financing

September 22, 2022

Via: Education Dive

Income-share agreements have emerged as controversial financing tools in an era of high college costs. The model’s backers say enabling students to pay for their education with a percentage of their post-graduation earnings ensures they won’t face ruinous amounts of […]


Education, Industries

Gates Foundation pours $100M into college transformation effort

September 15, 2022

Via: Education Dive

The Bill & Melinda Gates Foundation will spend $100 million over five years to fund a group of nonprofit organizations working to help colleges “transform themselves” in the face of falling enrollment, increasing demands for educated workers and declining public […]


Education, Industries

Education Department grants $1.5B in debt relief for Westwood students

August 30, 2022

Via: Education Dive

The Education Department’s action comes less than a week after the Biden administration announced a widespread student loan relief program cancelling up to $10,000 in debt for most borrowers and $20,000 for Pell Grant recipients. Although that action wasn’t tied […]


Education, Industries

Is Biden’s student debt cancellation a moral hazard?

August 26, 2022

Via: Education Dive

President Joe Biden invited plenty of debate Wednesday when he announced an income-capped student loan cancellation plan, which will wipe out as much as $10,000 for most borrowers and $20,000 for federal Pell Grant recipients. Higher ed associations and some […]


Education, Industries

Are no-interest loans a simple fix to the student debt crisis?

August 23, 2022

Via: Education Dive

President Joe Biden continues to mull over possible variations of wide-scale student loan forgiveness, including one plan from the U.S. Department of Education that reportedly could cover several million borrowers. That would make good on a campaign pledge Biden made […]


Education, Industries

Tuition increases, lower capital spending likely in store for higher ed as inflation persists, Fitch says

August 18, 2022

Via: Education Dive

Fitch was active sharing information last month as most U.S. colleges started their new fiscal years. The ratings agency circulated a forward-looking commentary on inflation and tuition and held a webinar covering current conditions. It also shared median financial data […]


Education, Industries

Feds to discharge $3.9B in ITT student loans, seek $24M repayment from DeVry

August 16, 2022

Via: Education Dive

Actions announced Tuesday are the latest in a complex set of steps the Biden administration has pursued to shore up the country’s troubled student loan system. They include proposed regulatory changes as well as attempts to clear out a backlog […]


Education, Industries

Colleges increase staff for event planning, tutoring as in-person focus returns, report finds

August 12, 2022

Via: Education Dive

In the early days of COVID-19, colleges terminated staff positions in droves as they faced operational shifts and pandemic-related financial challenges. Now, hiring has returned in fields related to events, as colleges begin to host in-person activities such as fundraising […]


Education, Industries

Ed Department proposes regulatory changes to borrower defense, PSLF, other student loan protections

July 6, 2022

Via: Education Dive

Students whose colleges misled them would have an easier time seeking loan forgiveness from the federal government under a series of regulatory proposals the U.S. Department of Education released Wednesday. One long-awaited rule would apply to the borrower defense to […]


Education, Industries

Ed Department strikes $6B settlement with students who attended for-profits

June 23, 2022

Via: Education Dive

The settlement agreement could bring to a close a yearslong legal dispute over hundreds of thousands of borrower defense claims. The list of institutions whose borrower defense claimants will receive automatic relief is wide-ranging — it includes currently operating colleges, […]


Education, Industries

Solving student debt starts with access, not availability

June 21, 2022

Via: Education Dive

Americans owe a whopping $1.75 trillion in student loan debt. With this in mind, it’s undeniable that something has gone off the rails in our attempts to make higher education more affordable. But wait, it’s even more complicated. The high […]