Gallup Frank Newport February 17, 2023 The U.S. Supreme Court’s ruling on how Harvard and the University of North Carolina use race in college admissions is expected by early June. Informed expectations are that the high court will find against the two universities and rule that race cannot be considered […]
Duane Morris February 17, 2023 The Department of Education has issued an electronic notice relating to the updated cybersecurity regulations published by the Federal Trade Commission (FTC). On December 9, 2021, the FTC amended the Safeguards Rule under the Gramm-Leach-Bliley Act (GLBA). This comprehensive amendment updated data security requirements for financial institutions, […]
Insider Ayelet Sheffey February 16, 2023 The New York Fed found that $34 billion in delinquent student loans were marked current in the last quarter of 2022. That’s thanks to Biden’s “Fresh Start” plan, which aimed to restore defaulted borrowers to good standing. The plan will remain in place for […]
Pew February 16, 2023 Pew survey highlights the need to re-examine current collection practices amid government reforms. Overview Among borrowers who have faced student loan default over the past two decades, a majority have experienced multiple consequences—and for many, these penalties have had a major financial impact, according to a […]
Higher Ed Dive Natalie Schwartz February 16, 2023 We’re keeping tabs on how companies are performing to get a glimpse into where higher education has been and where it’s headed. Several major higher education companies are publicly traded, which means they’re required to provide regular disclosures about their strategies and […]
Higher Ed Dive Chip Paucek February 16, 2023 The CEO of 2U, a company that helps colleges run online programs and owns the edX platform, responds to criticism against his sector. As President Biden said in his recent State of the Union address, “Any nation that out-educates us will out-compete […]
Duane Morris February 16, 2023 Institutions of higher education (IHEs) and companies providing services to IHEs (including so-called online program managers or OPMs) should take careful note of two announcements by the U.S. Department of Education that could significantly impact the institution/service provider relationship and the Department’s oversight of that […]
U.S. Department of Veterans Affairs February 15, 2023 School Leaders, Please ensure that the School Certifying Officials (SCOs) at your institution have started their assigned Enrollment Manager training courses due NLT February 27, 2023. It is necessary for SCOs to complete EM 100, 101, 102 and pass the final assessment to gain access to […]
Committee on Education & The Workforce February 15, 2023 Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) issued the following statement in reaction to the Education Department’s announcement regarding online education: “It is reckless for the Department to suggest providing access to online education is a main driver […]
Insider Ayelet Sheffey February 13, 2023 69 GOP lawmakers urged Biden to withdraw his student-loan forgiveness and repayment proposals. They said his proposal to reform income-driven repayment plans is “blatantly illegal.” Those reforms, along with broad student-debt relief, require Congressional approval, they said. It’s no secret Republican lawmakers aren’t a […]