Higher Ed Dive Natalie Schwartz January 21, 2022 How will for-profit colleges face hurdles like stricter regulations and enrollment challenges? Can the sector avoid being cut out of any Pell Grant increase? For-profit colleges appear to have a tough road ahead in 2022, with stricter regulations and other challenges likely coming down the pike. Some […]
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Inside Higher Ed Scott Jaschik January 24, 2022 The Consumer Financial Protection Bureau announced Thursday that it will begin examining the operations of postsecondary colleges, such as for-profit colleges, that extend private loans directly to students. As the CFPB begins its supervision, the exam procedures inform the industry about practices that CFPB examiners will review, including placing […]
Read MoreHigher Ed Dive Rick Seltzer January 20, 2022 Dive Brief: The Consumer Financial Protection Bureau will scrutinize operations at colleges that offer private loans directly to students, it said Thursday. The CFPB is updating its exam procedures to look at a category of loans often called institutional student loans. They’re not normally affiliated with the […]
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NASFAA Owen Daugherty and Hugh T. Ferguson January 20, 2022 The second day of the negotiated rulemaking session on Institutional and Programmatic Eligibility on Wednesday saw two of the committee’s most pressing issues take center stage, as negotiators were tasked with completing discussions on administrative capability and kicked off their discussion on gainful employment (GE). […]
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