Yahoo Finance Ben Werschkul August 8, 2023 Chipmakers are rebuilding the US semiconductor industry with $231 billion in new investments spurred by the enactment of the landmark CHIPS and Science Act a year ago. But even as Biden officials celebrate the anniversary of that legislation this week, there are mounting concerns about whether […]
NASFAA Jill Desjean August 9, 2023 On Friday, the Department of Education (ED) released implementation guidance and an updated FAQ document for the FAFSA simplification provisions that become effective in the 2024-25 award year. While the guidance largely repeats provisions of the law itself, it offers some operational details and clarifies some areas. It also details […]
ED Source Mallika Seshadri August 7, 2023 Over the past four years, the University of Southern California, Pepperdine University and Vanguard University admitted students who had donor or alumni connections but failed to meet minimum admissions requirements, the San Francisco Chronicle reported. USC admitted eight students who did not meet admission […]
Inside Higher Ed Katherine Knott August 9, 2023 In new guidance released Tuesday, the U.S. Education Department clarified how college accrediting agencies should handle complaints about institutions. The department wrote in the guidance that it would take into account a number of factors in determining whether the agencies review complaints in […]
Best Colleges Matthew Arrojas August 8, 2023 The Biden administration’s borrower defense rule made it easier for former students to have their student loans forgiven. The U.S. Court of Appeals for the Fifth Circuit has put it on hold pending appeal. The Department of Education’s new borrower defense rule took […]
Inside Higher Ed Sara Weissman August 8, 2023 Community college enrollments decline in response to state-level minimum wage increases, according to a new working paper released by the National Bureau of Economic Research Monday. However, minimum wage changes had little effect on degree attainment, the paper said. The study detailed in […]
Inside Higher Ed Katherine Knott August 8, 2023 The new rules, which make it easier for a defrauded borrower to seek debt relief, apply to claims pending on July 1 or received on or after that date. Note: This article has been corrected to reflect that the recent actions to […]
Inside Higher Ed Katherine Knott August 7, 2023 Report says current rules set inconsistent and sometimes inadequate expectations regarding student achievement, but it stops short of suggesting “bright-line” standards for agencies. After years of discussions over whether college accreditors should have bright-line metrics to gauge college performance, a federal advisory committee declined to pick a […]
AP News Collin Brinkley August 6, 2023 Two conservative groups are asking a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers. In a lawsuit filed Friday in Michigan, the groups argue that the administration overstepped its power when […]
Career Education Colleges and Universities August 7, 2023 Moments ago, the U.S. Court of Appeals for the Fifth Circuit issued an order postponing the July 1, 2023, effective date of the Biden administration’s borrower defense to repayment and closed school loan discharge regulations. Unlike the previous stay, which applied only to educational institutions […]