Category: Education

May 24, 2022

Higher education has not been immune to what’s being dubbed the Great Resignation. It describes a mass exodus of workers from many industries amid the pandemic, although it is somewhat of a misnomer, as in many cases employees are jumping […]

May 24, 2022

The lawsuit is at least the second complaint filed against the Ed Department in recent months seeking to resolve outstanding group borrower defense claims. The borrower defense rule allows students whose institutions defrauded them to have their federal student loans […]

May 17, 2022

A few weeks before the Guild announcement, Lowe’s committed $9 million towards education of historically marginalized students to provide pathways to employment at Lowe’s. The construction vendor allocated the funds to the Charlotte Talent Initiative at Queens University’s business school, […]

May 5, 2022

The regulatory environment for higher education has been growing stricter under President Joe Biden’s administration, with many changes at the federal level putting pressure on for-profit institutions. Earlier this year, the U.S. Department of Education unveiled a policy making private […]

May 4, 2022

Whitman’s move follows steps by other wealthy institutions to bolster financial aid for certain students, often those from low-income backgrounds. Williams College, one of the U.S.’s top-ranked liberal arts schools, last month said it will eliminate loans and work requirements […]

April 27, 2022

Colleges across the country seek to reenroll stopped-out students, often to try to meet expected workforce demands and state goals for the number of residents with postsecondary credentials. Before the coronavirus pandemic, college leaders also hoped bringing back stopped-out students […]

April 25, 2022

The price of Brent crude, the international benchmark, was down by $6 or 5.5% by Monday evening, hovering just above $100 a barrel. US crude was down by a similar margin and also building on losses of last week as […]

April 20, 2022

The report from the GAO, an auditing agency for Congress, comes at a time of intense scrutiny of Income-Driven Repayment, or IDR, plans. The plans are intended to lower monthly payments for many federal student borrowers by basing them on […]

April 13, 2022

Bond ratings agencies’ periodic reports can offer insight and perspective on the higher ed market’s financial performance and underlying characteristics. Moody’s rates institutions that tend to be stronger financially than the U.S. higher ed sector as a whole, but it […]

April 6, 2022

The proposal comes after news broke last year that the 1.8 million-student California Community Colleges system received some 65,000 fraudulent student financial aid applications. The applications prompted the U.S. Department of Education to launch an investigation, and at least six […]