Inside Higher Ed Katherine Knott November 18, 2022 Oversight and lawsuits, not legislating, will be the goal. Congressional Republicans are pledging oversight of the Biden administration now that they have officially secured control of the House of Representatives for the next two years. The Republicans will likely hold a narrow […]
Update Ed Jessica S. High November 17, 2022 Last year, the Federal Trade Commission (FTC) amended the Safeguards Rule under the Gramm-Leach-Bliley Act (GLBA). The comprehensive amendment updated data security requirements for financial institutions, including all Title IV institutions of higher education. In response to reports of personnel shortages and […]
NASFAA Maria Carrasco November 18, 2022 A federal judge in California granted final approval on Wednesday to a settlement that will cancel billions of dollars in federal student loans for hundreds of thousands of borrowers who argue they were defrauded by their college. The class action lawsuit, dubbed Sweet v. […]
Inside Higher Ed Katherine Knott October 20, 2022 The Wisconsin Institute for Law & Liberty is asking the U.S. Supreme Court to block President Biden’s student loan forgiveness plan. The conservative legal organization filed an emergency application for an injunction Wednesday after a federal appeals court declined to overturn a judge’s order […]
The Hill Natalie Prieb and Alex Gangitano October 18, 2022 Libertarian think tank the Cato Institute on Tuesday sued the Department of Education over the Biden administration’s plan to cancel some student loan debt. “Forcing taxpayers to pick up the tab for other people’s college loans is bad policy, but in the […]
NASFAA 2021 and 2022 Fiscal Year Student Aid Amounts, Including Changes to Federal Methodology, FAFSA, Pell Grants for Incarcerated Students, Direct Loans, and other Changes Significant changes to federal student aid policy, including simplifying the Free Application for Federal Student Aid (FAFSA), expanding Pell Grant eligibility to incarcerated students, and […]
Inside Higher Ed Katherine Knott October 19, 2022 Several Democratic senators want the U.S. Department of Education to hold for-profit college executives personally liable for student loans discharged because of an institution’s misconduct. “Despite the Department repeatedly finding that fraudulent for-profit colleges widely mislead [sic] students and misrepresented their costs, […]
Inside Higher Ed Scott Jaschik October 18, 2022 President Biden on Monday afternoon opened his plan to forgive hundreds of millions of dollars in student debt to everyone who is eligible. The plan forgives $10,000 for anyone earning less than $125,000 or $250,000 for couples filing joint tax returns. Pell […]
Inside Higher Ed Josh Moody October 18, 2022 Ambow Education purchased Bay State College in 2017 and the NewSchool of Architecture & Design in 2020. Now critics say both institutions are in shambles. Two colleges, one for-profit Chinese education company and too many problems to count. Bay State College in […]
Career Education Review Jenny October 16, 2022 While the rule successfully denies funding to many low-value programs, nonprofit colleges face zero accountability. Austin, TX and Washington, DC – The Biden administration’s proposed Gainful Employment (GE) rule requires key changes, according to a new report by Preston Cooper, Senior Fellow at the Foundation […]