Inside Higher Ed Meghan Brink July 22, 2022 The uncertainty has experts worried about borrowers being unprepared for repayment to begin. A source says loan servicers have been told by the Education Department not to send statements to borrowers about the deadline. The clock is ticking for the Biden administration […]
Inside Higher Ed Susan D’Agostino July 22, 2022 Colleges and universities experienced a surge in ransomware attacks in 2021, and those attacks had significant operational and financial costs, according to a new report. “You can collect that money in a couple of hours,” a ransomware hacker’s representative wrote in a secure June […]
The Hill Ethan Pollock July 20, 2022 This week, Sens. Todd Young (R-Ind.), Mark Warner (D-Va.), Chris Coons (D-Del.), Marco Rubio (R-Fla.) introduced legislation that would explicitly apply existing federal consumer credit protections to income share agreements (ISAs) while also creating important protections unique to the financing tool. The new legislation comes just four months after the U.S. Department of […]
Federal Student Aid July 19, 2022 DCL ID GEN-22-10 SUBJECT Guidance for Institutions Seeking to Change or Add Accrediting Agencies SUMMARY The Department has recently received several inquiries regarding the standards and procedures for an institution seeking to change its primary accrediting agency or obtain multiple accreditations. The purpose of […]
Future Ed Jeffrey Selingo July 19, 2022 Nearly 20 years ago, I wrote about the “disappearing state” in public higher ed in The Chronicle of Higher Education. Coming out of the 2001 recession, public colleges and universities weren’t seeing the upswing in their taxpayer appropriations that they had after previous economic downturns. Tax […]
Federal Student Aid July 19, 2022 DCL ID GEN-22-11 SUBJECT Procedures for Institutions Seeking Approval of a Request to Change or Add Accrediting Agencies SUMMARY This letter provides guidance on the process institutions must follow that are seeking to change primary accrediting agencies or that are adding multiple accrediting agencies. […]
Higher Ed Dive Natalie Schwartz July 19, 2022 The delay comes after four institutions argued that the deal between the Education Department and student borrowers would harm their reputations. A federal court has delayed a hearing that would decide whether to preliminarily approve a $6 billion proposed settlement between the […]
Forbes Edward Conroy July 19, 2022 Last week, the Department of Education (ED) officially published draft regulations designed to increase protections for borrowers and make it easier for them to access loan discharges in certain situations. ED is accepting public comments on the proposals for 30 days (until August 12). Representative Virginia […]
Campus Technology July 14, 2022 Rhea Kelly Flexibility remains a key priority for students pursuing higher education, according to a new “College 2030” report from Barnes & Noble College Insights, the research arm of Barnes & Noble Education. In a survey of 2,600 students, faculty and administrators at colleges and universities across the […]
Inside Higher Ed Susan D’Agostino July 13, 2022 Since the start of the pandemic, law school faculty members have gained proficiency in online teaching best practices and students have gained appreciation for hybrid and online learning options. When the history of the COVID-19 pandemic is written, one takeaway may be […]