March 22, 2023
Via: Education DiveA plan by House Republican leaders to trim funding across government agencies would have a “very real and damaging” impact on families, communities and the economy, U.S. Education Secretary Miguel Cardona has told Committee on Appropriations Ranking Member Rep. Rosa […]
March 21, 2023
Via: Education DiveThe New England Commission of Higher Education, or NECHE, said in January it intended to nix Bay State’s accreditation. But the for-profit institution, which has grappled with years of enrollment declines and a ballooning budget deficit, said it intended to […]
March 1, 2023
Via: Education DiveA few U.S. Supreme Court justices appeared skeptical Tuesday that a band of Republican-controlled states and two borrowers have the right to sue to overturn the Biden administration’s plan to forgive broad amounts of federal student loan debt. Whether that […]
February 28, 2023
Via: Education DiveA few U.S. Supreme Court justices appeared skeptical Tuesday that a band of Republican-controlled states and two borrowers have the right to sue to overturn the Biden administration’s plan to forgive broad amounts of federal student loan debt. Whether that […]
February 15, 2023
Via: Education DiveThe groups signing onto Mitchell’s comments include prominent organizations representing different corners of higher ed, such as the Association of Public and Land-grant Universities, Career Education Colleges and Universities, the Council of Independent Colleges and the State Higher Education Executive […]
February 9, 2023
Via: Education DiveIn 2021, Vermont launched a new free college program, the 802 Opportunity grant. The program offered free tuition at the Community College of Vermont for students from families with an annual household income under $50,000. In the first year, 2,000 […]
February 2, 2023
Via: Education DiveGrapevine 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 […]
January 30, 2023
Via: Education DiveThe 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. […]
January 25, 2023
Via: Education DiveThe 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 […]
January 11, 2023
Via: Education DiveState 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 […]
January 10, 2023
Via: Education DiveThe 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 […]
December 20, 2022
Via: Education DiveFederal 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 […]
October 25, 2022
Via: Education DiveThe 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 […]
October 12, 2022
Via: Education DiveThe 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 […]
October 7, 2022
Via: Education DiveHigher 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 […]
September 22, 2022
Via: Education DiveIncome-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 […]
September 15, 2022
Via: Education DiveThe 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 […]
August 30, 2022
Via: Education DiveThe 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 […]
August 26, 2022
Via: Education DivePresident 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 […]
August 23, 2022
Via: Education DivePresident 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 […]