CAPPS

Jaded with education, more Americans are skipping college

Jaded with education, more Americans are skipping college

AP News March 9, 2023 Collin Brinkley JACKSON, Tenn. (AP) — When he looked to the future, Grayson Hart always saw a college degree. He was a good student at a good high school. He wanted to be an actor, or maybe a teacher. Growing up, he believed college was […]

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Cohort Default Rate No More?

Cohort Default Rate No More?

Inside Higher Ed Katherine Knott March 7, 2023 A nearly three-year payment pause and forthcoming changes to income-driven repayment mean that fewer student borrowers will likely default on their loans. Here’s what that means for accountability. The Biden administration’s planned changes to how student borrowers can repay their loans likely mean that […]

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PROOF POINTS: How much does it cost to produce a community college graduate?

PROOF POINTS: How much does it cost to produce a community college graduate?

The Hechinger Report Jill Barshay March 6, 2023 Even in states with progressive funding, researchers find there’s not enough for the neediest students Community colleges say they can’t help the neediest students get through college successfully without more funding. But these institutions, which educate 10 million students a year or […]

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Private Student Loan Lender Sues to Restart Payments

Private Student Loan Lender Sues to Restart Payments

Inside Higher Ed Katherine Knott March 7, 2023 SoFi Bank, a private student loan lender, says it has lost $300 to $400 million in total revenues because of the three-year pause on federal student loan payments, and it wants that pause to end. In a lawsuit filed in the federal district court for […]

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Texas For-Profit Colleges Sue to Block Biden Borrower Defense Rule

Texas For-Profit Colleges Sue to Block Biden Borrower Defense Rule

Best Colleges Matthew Arrojas March 6, 2023 If successful, it will become more difficult for borrowers defrauded by their college to have their federal loans discharged. The Department of Education plans to institute new rules that erase student debt for borrowers whose college defrauded them. A Texas trade association representing […]

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Microcredentials Confuse Employers, Colleges and Learners

Microcredentials Confuse Employers, Colleges and Learners

Inside Higher Ed Susan D’Agostino March 3, 2023 Three recent studies highlight confusion about alternative credentials. But all parties seek quality, verifiable, bite-size, low-priced online offerings targeting specific industries. Reskilling. Upskilling. Certificates. Certifications. Badges. Licenses. Microcredentials. Alternative credentials. Digital credentials. So many terms. So little agreement on what they mean, least […]

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Holding Executives Responsible

Holding Executives Responsible

Inside Higher Ed Katherine Knott March 3, 2023 In Education Department’s latest move to ramp up oversight of for-profit colleges, it outlines its authority to hold individuals who control risky institutions financially responsible. The guidance also applies to private nonprofit colleges. Individuals who own or run private colleges—for-profit and nonprofit—could […]

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(GENERAL-23-11) Establishing Personal Liability Requirements for Financial Losses Related to the Title IV Programs

(GENERAL-23-11) Establishing Personal Liability Requirements for Financial Losses Related to the Title IV Programs

Federal Student Aid March 1, 2023 On March 23, 2022, the U.S. Department of Education (Department) published an Electronic Announcement notifying institutions of higher education (institutions) that, in certain circumstances, it would require additional signatures on an institution’s Program Participation Agreement (PPA) from individuals representing corporations or other legal entities that have, […]

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