CAPPS

For-Profits Seek to Intervene in Federal Borrower-Defense Settlement

For-Profits Seek to Intervene in Federal Borrower-Defense Settlement

Inside Higher Ed  Meghan Brink July 15, 2022 The motion could delay the discharges of $6 billion in student debt arranged by the recent settlement by the Department of Education in Sweet v. Cardona. A major for-profit lobbying organization filed a motion Wednesday to intervene in a lawsuit that was recently settled by […]

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Biden Buries the Lede on Student Loan Forgiveness

Biden Buries the Lede on Student Loan Forgiveness

Committee on Education & Labor  July 12, 2022 Today, House Education and Labor Committee Republican Leader Virginia Foxx (R-NC) and Senate Health, Education, Labor and Pensions Committee Republican Leader Richard Burr (R-NC) sent a letter to Education Department Secretary Miguel Cardona following the Department’s release of its 750-page Notice of Proposed Rule […]

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Student Assistance General Provisions, Federal Perkins Loan Program, Federal Family Education Loan Program, and William D. Ford Federal Direct Loan Program.

Student Assistance General Provisions, Federal Perkins Loan Program, Federal Family Education Loan Program, and William D. Ford Federal Direct Loan Program.

Federal Register  July 13, 2022 AGENCY: Office of Postsecondary Education, Department of Education. ACTION: Notice of proposed rulemaking. SUMMARY: This notice of proposed rulemaking (NPRM) covers student loans and affordability issues. This rulemaking specifically discusses issues involving loans under the William D. Ford Direct Loan (Direct Loan) Program, the Federal […]

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3 major changes in Biden’s borrower defense proposal

3 major changes in Biden’s borrower defense proposal

Higher Ed Dive  Natalie Schwartz July 12, 2022 New draft regulations would make it much easier for borrowers to receive debt relief, but for-profit colleges say they wouldn’t have due process. Last week, the Biden administration proposed sweeping regulations that would overhaul the nation’s student loan system. One element of […]

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