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 […]
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Higher 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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The Press Democrat Jocelyn Gecker January 18, 2022 Gov. Gavin Newsom announced Tuesday that 45 colleges and universities in California, including some of the most prestigious campuses in the state, will be part of a new public service program that will subsidize tuition for students who do community service alongside their studies. The program called […]
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