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Major Returns for Adult Learners Going Back to College

Major Returns for Adult Learners Going Back to College

Inside Higher Ed  Sara Weissman July 25, 2022 A new report by Lightcast, a company that provides labor market data, found that going back to college is an especially good investment for adults learners. An analysis of more than 125 million online career profiles found that this group was 22 percent more […]

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What Will Biden Do on Loans?

What Will Biden Do on Loans?

Inside Higher Ed Meghan Brink July 22, 2022 The uncertainty has experts worried about borrowers being unprepared for repayment to begin. A source says loan servicers have been told by the Education Department not to send statements to borrowers about the deadline. The clock is ticking for the Biden administration […]

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Ransomware Attacks Against Higher Ed Increase

Ransomware Attacks Against Higher Ed Increase

Inside Higher Ed Susan D’Agostino July 22, 2022 Colleges and universities experienced a surge in ransomware attacks in 2021, and those attacks had significant operational and financial costs, according to a new report. “You can collect that money in a couple of hours,” a ransomware hacker’s representative wrote in a secure June […]

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Income share agreements are growing up — and not a moment too soon

Income share agreements are growing up — and not a moment too soon

The Hill Ethan Pollock July 20, 2022 This week, Sens. Todd Young (R-Ind.), Mark Warner (D-Va.), Chris Coons (D-Del.), Marco Rubio (R-Fla.) introduced legislation that would explicitly apply existing federal consumer credit protections to income share agreements (ISAs) while also creating important protections unique to the financing tool. The new legislation comes just four months after the U.S. Department of […]

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The Rise of For-Profit Partnerships in Higher Education

The Rise of For-Profit Partnerships in Higher Education

Future Ed Jeffrey Selingo July 19, 2022 Nearly 20 years ago, I wrote about the “disappearing state” in public higher ed in The Chronicle of Higher Education. Coming out of the 2001 recession, public colleges and universities weren’t seeing the upswing in their taxpayer appropriations that they had after previous economic downturns. Tax […]

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Court pushes back hearing over $6B borrower defense settlement

Court pushes back hearing over $6B borrower defense settlement

Higher Ed Dive Natalie Schwartz July 19, 2022 The delay comes after four institutions argued that the deal between the Education Department and student borrowers would harm their reputations. A federal court has delayed a hearing that would decide whether to preliminarily approve a $6 billion proposed settlement between the […]

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Burr And Foxx Say Dept. Of Ed Is Rushing Rules To Help Student Loan Borrowers

Burr And Foxx Say Dept. Of Ed Is Rushing Rules To Help Student Loan Borrowers

Forbes Edward Conroy July 19, 2022 Last week, the Department of Education (ED) officially published draft regulations designed to increase protections for borrowers and make it easier for them to access loan discharges in certain situations. ED is accepting public comments on the proposals for 30 days (until August 12). Representative Virginia […]

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