Tag: Education Department

July 18, 2023

Biden took immediate action after the Supreme Court ruled against his initial loan forgiveness plan, which would have forgiven up to $20,000 for borrowers earning less than $125,000 a year. The same day the high court handed down its decision, […]

June 23, 2023

Policy choices like tenure and what to teach have traditionally been left to college officials. But Florida’s elected representatives “have exhibited a desire for greater involvement in the governance of state institutions.” the lawsuit says. That includes “creating new programs […]

June 20, 2023

For three decades, incarcerated students haven’t been allowed to tap into federal Pell Grants, a primary form of financial aid for low- and moderate-income borrowers. But that will change come July, when new rules take effect giving them access to […]

May 11, 2023

In March, President Joe Biden issued his spending plan, which conservatives immediately declared dead on arrival. While the budget proposal has no chance of passing Congress as drafted, it signals the administration’s education priorities. That includes sending $2.7 billion to […]

April 12, 2023

The Education Department stunned the higher ed world in February when it said it intended to vastly expand what it considers a third-party servicer, which are subject to more stringent regulatory requirements, like compliance auditing. The policy drew so much […]

January 10, 2023

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 […]

August 30, 2022

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 […]

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 […]

February 21, 2017

Since Election Day, for-profit college companies have been on a hot streak. DeVry Education Group’s stock has leapt more than 40 percent. Strayer’s jumped 35 percent and Grand Canyon Education’s more than 28 percent. You do not need an M.B.A. […]

September 7, 2016

Just days before the start of a new school term, ITT Educational Services, one of the nation’s largest for-profit educational companies, closed nearly all its campuses on Tuesday. The company cited the Education Department’s recent decision to bar the chain […]