News

3 major changes in Biden’s borrower defense proposal

3 major changes in Biden’s borrower defense proposal

Higher Ed Dive  Natalie Schwartz July 12, 2022 New draft regulations would make it much easier for borrowers to receive debt relief, but for-profit colleges say they wouldn’t have due process. Last week, the Biden administration proposed sweeping regulations that would overhaul the nation’s student loan system. One element of […]

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Borrower-Defense Claims Could Be Paid by Colleges

Borrower-Defense Claims Could Be Paid by Colleges

Inside Higher Ed Meghan Brink July 11, 2022 Newly proposed regulations from the Education Department would create clear steps to hold colleges accountable to paying for recouped federal student loans. The Education Department has big plans to make it easier for borrowers who attended predatory colleges to apply for relief […]

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Higher Ed Funding Package Advanced by House Committee

Higher Ed Funding Package Advanced by House Committee

Inside Higher Ed Meghan Brink July 6, 2022 Includes increases to the Pell Grant and other student aid, increased accountability for for-profits. The House Appropriations Committee approved a funding plan on June 30 that would increase funding for the Education Department by 13 percent for fiscal year 2023. The bill, approved by the committee […]

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Foxx Reacts to Biden’s Disastrous Federal Student Loan Regulations

Foxx Reacts to Biden’s Disastrous Federal Student Loan Regulations

Committee on Education & Labor  July 6, 2022 Today, Education and Labor Committee Republican Leader Virginia Foxx (R-NC), issued the following statement blasting the Biden administration’s proposed regulations regarding federal student loans: “Only this administration could find a way to justify adding at least $85 billion to the tax burden […]

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Simplifying Student Loans

Simplifying Student Loans

Inside Higher Ed Meghan Brink July 7, 2022 Education Department proposes changes to loan programs to make it easier for public service employees and those who attended fraudulent colleges to get their student loans forgiven. The Education Department released a series of proposed rules Wednesday that would simplify federal loans, […]

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More flexibility proposed for student debt forgiveness

More flexibility proposed for student debt forgiveness

AP News Collin Binkley July 6, 2022 New rules proposed by the Biden administration on Wednesday would make it easier for borrowers to get their federal student debt forgiven through several existing programs. The action is intended to overhaul relief programs that have been criticized for their burdensome paperwork requirements […]

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