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(GEN-23-03) Requirements and Responsibilities for Third-Party Servicers and Institutions (Updated Feb. 28, 2023)

Federal Student Aid February 15, 2023 SUBJECT: Requirements and Responsibilities for Third-Party Servicers and Institutions (Updated Feb. 28, 2023) SUMMARY: This letter updates guidance to institutions that contract with a third-party servicer (TPS) to administer any aspect of the institution’s participation in the student assistance programs authorized under Title IV of the Higher Education Act of […]

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‘Wasted money’: How career training companies scoop up federal funds with little oversight

The Hechinger Report Meredith Kolodner and Sarah Butrymowicz February 25, 2025 The United States spends untold millions on workforce training programs. Many don’t help people find jobs Dora Bray Magilke had been unemployed for over a month when someone from her local career center in Branson, Missouri, reached out in the summer of 2020 with […]

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On to the Next: Where a Closed Accreditor’s Schools Are Now

Third Way  Chazz Robinson and Shelbe Klebs February 27, 2023 The Biden Administration and the US Department of Education (Department) have shown their desire to put accreditors in the hot seat and ensure they’re fulfilling their quality assurance mission. Recent actions the Department has taken include reinstating the accreditor dashboards, combating “accreditor shopping” through new […]

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Texas For-Profit Colleges Fight New Borrower-Defense Rules

Inside Higher Ed Katherine Knott February 28, 2023 The Education Department’s latest version of the federal regulations that allow borrowers to apply for relief if their college or university misled them “threatens to irreparably harm the American education system,” a new lawsuit argues. Career Colleges & Schools of Texas, an association representing career education institutions […]

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