U.S. Government Accountability Office December 5, 2022 The ways colleges present cost and aid information in their financial aid offers vary—making it difficult for students to compare offers and assess college affordability. According to best practices, colleges should estimate the net price—how much a student will pay to attend that […]
Higher Ed Dive Natalie Schwartz December 8, 2022 Dive Brief: Three Democratic senators introduced a bill last week that would create an interagency committee to tighten oversight of for-profit colleges, including by publishing a public list of colleges that have conducted illegal activities or engaged in fraudulent practices. The bill would also […]
Higher Ed Dive Natalie Schwartz December 9, 2022 A coalition of higher ed groups will focus on outreach and coaching services for residents who are just shy of completing a college degree. Around 4 million working-age Californians have completed some college credits but left before they could earn a degree, according to […]
CBS News Jennifer Martin December 7, 2022 A gloomy economy has many college graduates worried about their job prospects. But some college majors appear to offer better-than-average chances at a lucrative career. Compensation software and data company Payscale tracks the highest-paying college majors yearly, using early-career median pay — estimated salaries three years into […]
Inside Higher Ed Katherine Knott December 8, 2022 A nonprofit operator of several colleges that have since closed is accusing the U.S. Department of Education of waging a hostile campaign against for-profit colleges. The Center for Excellence in Higher Education, a nonprofit, filed its lawsuit Tuesday in the Federal Court of Claims, seeking $500 […]
Inside Higher Ed Katherine Knott December 6, 2022 The lawmakers want the Education Department to go beyond what a federal watchdog recommended in reviewing 2011 guidance for online program managers. The chairs of the Senate and House education committees want the U.S. Department of Education to step up oversight of […]
Congressional Research Service David P. Smole and Rita R. Zota December 2, 2022 After years of increasing, growth in counts of federal student loan borrowers, average annual amounts borrowed, and average cumulative debt owed appears to be moderating somewhat. Overall, though, more student loan dollars continue to be disbursed than […]
NASFAA Jill Desjean December 6, 2022 In response to the Government Accountability Office’s report examining institutional aid offer practices, Rep. Virginia Foxx (R-N.C.), ranking member of the House Education and Labor Committee, and Rep. Lisa McClain (R-Mich.) on Monday introduced the College Cost Transparency and Student Protection Act, which would set new requirements […]
Higher Ed Dive Natalie Schwartz December 6, 2022 New regulations will allow the agency to review debt forgiveness claims for groups rather than individuals. For-profits question whether that’s fair. Earlier this year, the U.S. Department of Education notified DeVry University that it plans to recoup more than $23 million from […]
Inside Higher Ed Safia Abdulahi November 30, 2022 A new report from the National Student Clearinghouse Research Center shows that college completion rates have stagnated, with 62.3 percent of students who enrolled in 2016 completing a degree by June 2022—virtually unchanged from last year’s six-year completion rate of 62.2 percent. The report examines all […]