Fox Business Nora Colomer January 12, 2023 New repayment plan benefits lower-income borrowers the most, expert says The Biden administration unveiled a new loan repayment program to reduce loan payments for undergraduate students that will be especially beneficial for low and middle-income borrowers. The Department of Education’s proposed rule would modify […]
Higher Ed Dive Jeremy Bauer-Wolf January 11, 2023 For-profits worry about being targeted, while others fear the plan will contribute to the narrative that higher ed’s benefits are purely financial. About a decade ago, then-President Barack Obama devised an ambitious plan to rate all American colleges, with the goal of publicly embarrassing […]
Inside Higher Ed Susan H. Greenberg January 11, 2023 An Illinois district court denied a motion by DePaul University Monday to dismiss a wrongful-termination Title IX lawsuit brought by a sports psychologist whose company provided mental health care to the university’s student athletes. By allowing the case to move forward, the Northern District […]
Inside Higher Ed Katherine Knott January 11, 2023 The Education Department is also seeking input on how to create a list of programs that provide low financial value. The Biden administration is moving forward on a sweeping plan to overhaul how student borrowers can repay their loans, though advocates want […]
AP NEWS Collin Binkley January 10, 2023 WASHINGTON (AP) — The White House is moving forward with a proposal that would lower student debt payments for millions of Americans now and in the future, offering a new route to repay federal loans under far more generous terms. President Joe Biden […]
Yahoo Finance Jane Thier January 9, 2023 Colleges are dropping the SAT. Law schools are dropping the LSAT. And now, workplaces are dropping bachelor degrees—and experts think that should become the norm this year. 2023 will center on skills-based hiring rather than degree requirements—at least at successful companies, predicts research advisory and […]
Higher Ed Dive Jeremy Bauer-Wolf January 10, 2023 Dive Brief: Monthly student loan repayments would be cut in half for borrowers whose installments are based on their income, under a regulatory plan the U.S. Department of Education unveiled Tuesday. Currently, many borrowers enrolled in an income-driven repayment plan must shell […]
Higher Ed Dive Rick Seltzer January 9, 2023 Dive Brief: Rep. Virginia Foxx, a North Carolina Republican, was chosen Monday to chair the House Education and the Workforce Committee again, and she wasted no time warning President Joe Biden’s administration that Education Department officials will be answering her questions. “To […]
Committee on Education & the Workforce January 9, 2023 Today, Rep. Virginia Foxx (R-NC) released the following statement after being selected by the Steering Committee to serve as Chairwoman of the Education and the Workforce Committee for the 118th Congress: “I am deeply honored by the trust placed in me by […]
Higher Ed Dive January 6, 2023 Rick Seltzer Dive Brief: College leaders are sharply more concerned about risks from recruitment and hiring than they have been in recent years, according to a new survey. Half of college leaders identified recruitment and hiring — employing talented staff and faculty — as […]