Tag: EDUCATION

May 30, 2023

Federal education funding and all nondefense spending would stay flat in fiscal 2024 and get a 1% increase in fiscal 2025, according to a negotiated budget deal made over the Memorial Day weekend in an effort to prevent the country […]

February 15, 2023

The 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 […]

January 30, 2023

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. […]

January 25, 2023

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 […]

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 […]

December 20, 2022

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 […]

October 25, 2022

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 […]

October 7, 2022

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 […]

September 22, 2022

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 […]

September 15, 2022

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 […]

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 […]

August 18, 2022

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 […]

September 9, 2021

Canceling $50,000 in student debt for every borrower. That’s what Massachusetts Sen. Elizabeth Warren and Senate Majority Leader Chuck Schumer have been advocating, and they want President Joe Biden to do it via executive action. Four House Republicans argue that […]

August 3, 2020

The upcoming school year—for everyone from preschool through university and graduate programs—is still a top conundrum for government officials, teachers, parents, and students. Approximately only 55% of U.S. K-12 schools and 65% of U.S. colleges having provided tentative reentry plans […]

November 19, 2019

Problems require solutions, and complex problems require sophisticated solutions. Consider Mayor de Blasio’s approach to struggling schools. Unlike his predecessor Mike Bloomberg, de Blasio hasn’t closed struggling schools en masse. Across the city, he has invested in wraparound social services […]

July 16, 2019

Regulation of non-public schools — specifically, Orthodox Jewish schools — by New York City and state is back in the news again amid reports that elite non-Jewish private schools are enlisting parents to press the government to back off. It’s […]

May 21, 2018

McLOUD, Okla. — In many ways Oliver Prince is your typical, happy fifth-grader. He enjoys recess, gym class and time at school on the computer. But in one key way, he, along with the other 92 students at White Rock […]

August 2, 2017

A whole new student loan servicing and processing system will be up and running in 2019, the U.S. Education Department said on Tuesday, as it formally unveiled its plan to overhaul the current $1.3 trillion program. The department, led by […]

June 21, 2017

Recently released federal data confirm what many people already know: The salaries and benefits of teachers, administrators, and support staff consume the vast majority of spending in education. Salaries and benefits make up a combined 80 percent of school spending, […]

June 2, 2017

Nevada is a majority-minority state that ranks near the bottom in math and reading on the National Assessment of Educational Progress. To improve our NAEP standing and achieve equity, we need to recognize that different children have different needs. When […]