Ed Source For years 22 California community colleges did not participate in the federal student loan program, blocking students from taking out federal loans to cover their educational expenses. A few never allowed their students to take out federal loans. Many stopped participating because they feared too many of their […]
AP News By KEN SWEET NEW YORK (AP) — One of the nation’s largest student loan servicing companies may have driven tens of thousands of borrowers struggling with their debts into higher-cost repayment plans. That’s the finding of a Department of Education audit of practices at Navient Corp., the nation’s […]
Ed Surge By Sydney Johnson This month the U.S. Education Department announced a proposal to remove a set of higher education regulations meant to punish college programs that turned out to be bad deals for students—specifically, ones whose graduates’ student-loan payments were higher than a specific portion their incomes. The policy, […]
Inside Higher Ed By Andrew Kreighbaum More than 2,000 career education programs serving over half a million students risked losing access to Title IV federal student aid under the Obama administration’s gainful-employment rule. Those programs look to be in the clear after Education Secretary Betsy DeVos said Friday she plans to rescind the […]
National Review By Frederick M. Hess and Cody Christensen Secretary of Education Betsy DeVos has issued new guidelines on federal student-loan forgiveness in an attempt to more sensibly balance the rights of borrowers and taxpayers. Predictably, the higher-education cartel and its media allies were aghast. The New York Times headlined its story “DeVos Proposes to […]
Primary Contact Diana Rodriguez Director of Client Relations 6405 Metcalf Avenue, Suite 504 Shawnee Mission, KS 66202 P: (800) 257-4757 diana@StudentServicesInt.com http://www.wiss.info 600 schools like yours have turned to us for their default management needs. The average rate for these schools is now 10%. It is important to note that […]
Inside Higher Ed By Andrew Kreighbaum An Education Department plan to begin cutting large debt collection firms out of the student loan system is on hold after Congress warned against move. The Department of Education planned this month to begin reshaping the role of private debt collection firms in handling […]
Inside Higher Ed By Andrew Kreighbaum The Obama administration for years battled with the for-profit sector over a rule that would hold higher ed programs accountable for graduating students with debt they couldn’t repay. That rule, known as gainful employment, applied to all career education and certificate programs, and the first […]
Inside Higher Ed Tax Benefits at Risk for Colleges, Student Borrowers Republican tax reform plan would tax large endowments and limit or kill key deductions, including one for student loan interest and another for graduate students. By Andrew Kreighbaum November 3, 2017 The sweeping tax overhaul released by House Republicans Thursday […]
Bloomberg DeVos Tells CFPB to Back Off on Student Loans The agency has survived the Trump presidency so far. Will the Education Department be the one to kneecap it? By Shahien Nasiripour September 8, 2017, 8:41 AM PDT When federal policymakers killed banks’ ability to make government-backed student loans, David […]