The Washington Post Danielle Douglas-Gabriel August 9, 2021 The Education Department on Monday scrapped a Trump-era policy of shielding companies that manage its $1.5 trillion student loan portfolio from state regulation. Instead, the department is encouraging states to work with the federal agency to protect borrowers and hold loan servicers accountable. The […]
CECU Congress is debating a $1 trillion bipartisan infrastructure bill, including more than $500 billion in new spending on transportation, broadband, and utility systems. To carry out this work, America will depend upon private career school graduates. The following data show that we can’t Build Back Better without our sector. […]
SJVC August 9, 2021 We are pleased to announce that SJVC Hesperia is now offering both a Certificate of Completion and an Associate of Science degree in Electrical Technology. Students can earn a Certificate of Completion in as little as 10 months or an Associate of Science degree in as few as […]
Inside Higher Ed Scott Jaschik August 9, 2021 A poll of the public by Quinnipiac University has found that 48 percent of those responding favor mandatory vaccines for college students, while 48 percent are opposed. The poll found support for mandatory vaccinations by only 18 percent of Republicans, and 86 percent of Democrats. The poll […]
Inside Higher Ed Alexis Gravely August 9, 2021 While the announcement was generally met with praise, it was accompanied by continued calls for the Biden administration to do more to address the student debt crisis. The temporary pause on student loan repayment has been extended to January 31, 2022 for […]
Inside Higher Ed Alexis Gravely August 10, 2021 Individual states are able to regulate federal student loan servicers in most circumstances without being preempted by the Higher Education Act of 1965, according to a notice of interpretation issued Monday by the Department of Education. The new notice replaces an interpretation […]
Inside Higher Ed Susan H. Greenberg August 10, 2021 In its latest move to crack down on student loan debt-relief scams, California ordered Amerifed Doc Prep LLC to pay more than $1.37 million for illegally collecting advance fees from consumers looking to reduce or forgive their student loans. The California Department […]
NASFAA Owen Daugherty August 9, 2021 California regulators plan to apply more oversight to income-share agreements (ISAs) and will now treat them as private student loans under California’s student loan servicing law, the California Department of Financial Protection and Innovation (DFPI) announced Thursday. DFPI announced it had entered into a “landmark agreement” […]
Yahoo Finance Aarthi Swaminathan August 5, 2021 California’s top consumer watchdog has signed a deal with a company providing alternative student loans to increase oversight over increasingly popular income-share agreements (ISAs), Yahoo Finance has learned. The Department of Financial Protection and Innovation (DFPI) entered into a “landmark agreement” with New York-based Meratas, […]
Inside Higher Ed Doug Lederman August 2, 2021 More public and private two-year and four-year colleges closed or merged between 2019-20 and 2020-21 than was true for for-profit institutions, a change from recent trends. The days when releases of federal data on college enrollments were newsworthy have largely passed, ever […]