The College Fix Garrett Marchand July 6, 2023 A new report from an influential conservative think tank calls on Congress to fix the college accreditation process and end accreditors’ stranglehold on higher education. With the stated aim of returning “accreditation to its original function as a mechanism for quality assurance and improvement,” the report asks lawmakers to […]
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Inside Higher Ed Scott Jaschik July 6, 2023 The Biden administration has changed an income-contingent loan program in ways that will make it more popular and also more expensive. The Saving on a Valuable Education (SAVE) Plan replaces the existing Revised Pay As You Earn (REPAYE) Plan. SAVE increases the income exemption from 150 percent to 225 percent […]
Read MoreInside Higher Ed Josh Moody July 5, 2023 A new report from Moody’s Investors Service finds that college closures, while remaining rare, “will continue to accelerate gradually” as the higher education sector navigates financial challenges. The report, released last week, notes that distressed institutions are expected to try various approaches to stave off closures—including declaring […]
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NASFAA Hugh T. Ferguson July 3, 2023 Despite a fatal blow from the United States Supreme Court, President Joe Biden doubled down on his efforts to carry out his student loan debt cancellation program on Friday and announced that the Department of Education (ED) would instead pursue implementing the plan through the negotiated rulemaking process. The […]
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