CAPPS

Not All Americans Think College Is Worth It

Not All Americans Think College Is Worth It

Inside Higher Ed Emma Whitford September 13, 2021 Political party, age and income level play a role in whether Americans believe a bachelor’s degree is worth the time and money. Is a college education worth the investment? Despite empirical evidence that shows it is, the American public has its doubts. […]

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Kvaal Confirmed as Under Secretary of Education

Kvaal Confirmed as Under Secretary of Education

Inside Higher Ed Alexis Gravely September 15, 2021 The Senate voted 58 to 37 Tuesday to confirm James Kvaal as under secretary of education, nearly five months after his confirmation hearing. Kvaal, who most recently served as president of the Institute for College Access and Success, was broadly supported by […]

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House Members Want Rollback of Title IX Rules to Begin Soon

House Members Want Rollback of Title IX Rules to Begin Soon

Inside Higher Ed Alexis Gravely September 14, 2021 Fifty-nine members of the House sent a letter Monday to Secretary of Education Miguel Cardona and Acting Assistant Secretary for Civil Rights Suzanne Goldberg, urging the Department of Education to issue proposed changes to the Trump administration’s Title IX rules in October. The department has […]

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Report: Doubling Pell Would Cut Future Loan Debt in Half

Report: Doubling Pell Would Cut Future Loan Debt in Half

Inside Higher Ed Alexis Gravely September 14, 2021 Doubling the maximum Pell Grant to $13,000 would result in substantial reductions in future student loan debt, according to a new report from the Gender Equity Policy Institute. The analysis found that community college students receiving the maximum award would graduate debt-free and bachelor’s […]

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Income-share agreements are loans, and provider misled students, CFPB says

Income-share agreements are loans, and provider misled students, CFPB says

Higher Ed Dive  September 8, 2021 Rick Seltzer Dive Brief: The Consumer Financial Protection Bureau moved against a nonprofit organization that provides income-share agreements, saying it misrepresented the nature of ISAs, didn’t comply with federal law regulating private student loans, and imposed illegal fees or penalties for early repayment. A […]

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GOP lawmakers urge Cardona against executive student loan wipeout

GOP lawmakers urge Cardona against executive student loan wipeout

The Hill September 8, 2021 Sylvan Lane Four House Republicans are pressuring Education Secretary Miguel Cardona to rule out a potential mass forgiveness of federal student loan debt without congressional approval. In a Wednesday letter to Cardona, GOP Reps. Ted Budd (N.C.), Warren Davidson (Ohio), Scott Petty (Pa.) and Barry Loudermilk (Ga.), asked the education secretary for a […]

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Foxx Blasts Democrats’ Reckless Spending Package

Foxx Blasts Democrats’ Reckless Spending Package

Committee on Education & Labor  September 8, 2021 Today, Education and Labor Committee Republican Leader Virginia Foxx (R-NC) issued the following statement after Education and Labor Democrats unveiled their piece of President Biden’s $3.5 trillion partisan spending package: “This monstrous spending package recklessly increases what was already the highest sustained […]

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Federal Agency Acts Against Income-Share Agreement Lender

Federal Agency Acts Against Income-Share Agreement Lender

Inside Higher Ed September 8, 2021 Alexis Gravely The Consumer Financial Protection Bureau took action Tuesday against a company offering income-share agreements to help students finance their degrees. The company misrepresented its product and failed to comply with federal consumer financial law, according to the federal agency. Better Future Forward […]

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