CAPPS

Significant New Financial Responsibility, Administrative Capability and Certification Requirements Loom Ahead for Title IV Institutions

Significant New Financial Responsibility, Administrative Capability and Certification Requirements Loom Ahead for Title IV Institutions

Faegre Drinker Jonathan D. Tarnow February 27, 2024 At a Glance The U.S. Department of Education has issued a final rule that significantly revises its financial responsibility, administrative capability, certification and ability-to-benefit regulations. These regulatory changes create significant new compliance obligations for higher education institutions that participate in the Title […]

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Colleges Worry Pell Grant Expansion Could Set ‘Dangerous Precedent’

Colleges Worry Pell Grant Expansion Could Set ‘Dangerous Precedent’

Inside Higher Ed Katherine Knott February 29, 2024 House lawmakers are proposing to charge wealthy colleges for unpaid student loans, using the money for students in short-term workforce training programs. A bipartisan bill to expand the Pell Grant to short-term workforce training programs—those that run between eight and 14 weeks—could […]

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More Than Half of Recent 4-Year College Grads Underemployed

More Than Half of Recent 4-Year College Grads Underemployed

Inside Higher Ed Sara Weissman February 22, 2024 A new report found that many recent graduates don’t land jobs that require a degree. More than half of recent four-year college graduates, 52 percent, are underemployed a year after they graduate, according to a new report from Strada Institute for the Future of […]

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Biden Forgives Another $1.2 Billion in Student Loans

Biden Forgives Another $1.2 Billion in Student Loans

Inside Higher Ed Katherine Knott February 22, 2024 More than 150,000 borrowers will have their student loans automatically discharged this month, the Biden administration announced Wednesday. This tranche of debt relief, which totals $1.2 billion, comes after the Education Department moved up its implementation timeline for the new income-driven repayment plan […]

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More Than Half of Recent 4-Year College Grads Underemployed

More Than Half of Recent 4-Year College Grads Underemployed

Inside Higher Ed Sara Weissman February 22, 2024 A new report found that many recent graduates don’t land jobs that require a degree. More than half of recent four-year college graduates, 52 percent, are underemployed a year after they graduate, according to a new report from Strada Institute for the Future of […]

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Turmoil Grows at Embattled California University

Turmoil Grows at Embattled California University

Inside Higher Ed February 22, 2024 Lauren Coffey Since going on accreditation probation in August, the University of Antelope Valley has lost its president, replaced part of employees’ salaries with stock options and now faces an eviction. A California university on probation with its accreditor is facing eviction, a shaky […]

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Does Higher Ed Lead to a Living Wage? It Depends.

Does Higher Ed Lead to a Living Wage? It Depends.

Inside Higher Ed Katherine Knott February 21, 2024 A new analysis found that more than 1,000 colleges failed to meet a “generous” threshold for postgraduate earnings, raising concern about the return on investment for some students. Students who graduated from nearly one-fourth of America’s colleges and universities earned less than […]

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Biden cancels $1.2 billion in student debt six months ahead of schedule

Biden cancels $1.2 billion in student debt six months ahead of schedule

FOX Business Chris Pandolfo February 21, 2024 President Biden has now bailed out more than 3.9 million student loan borrowers without an act of Congress The White House on Wednesday announced that President Biden has canceled another $1.2 billion in student loan debt for more than 150,000 borrowers earlier than expected. In […]

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