20 mai 2017

Students Without Good Options

HomeBy Andrew Kreighbaum. Former officials raise concerns over whether for-profit law school's response to loss of federal aid funds denies students options while protecting parent institution from liability. More...

Posté par pcassuto à 15:02 - - Permalien [#]


Democrats Introduce Bill to Bolster Pell Grants

HomeBy Andrew Kreighbaum. Democrats in the House and Senate introduced new legislation Tuesday that would permanently index the value of the grant to inflation, while making funding for the program mandatory and expanding or reinstating access for a number of student groups. More...

Posté par pcassuto à 15:01 - - Permalien [#]

CFPB: Highest-Risk Borrowers Not Enrolled in Income-Driven Repayment

HomeBy Andrew Kreighbaum. A new report from the Consumer Financial Protection Bureau finds that more than 90 percent of defaulted student loan borrowers aren't enrolled in income-driven repayment plans within nine months of rehabilitating their debt. More...

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FAFSA Applications by High School Seniors Are Up

HomeBy Andrew Kreighbaum. More high school seniors had applied for federal student aid by this month than the previous year's seniors had by June 30 last year, the National College Access Network said Wednesday. Data released this month by the U.S. Department of Education's Office of Federal Student Aid showed that 1.98 million high school seniors completed the Free Application for Federal Student Aid by May 5, 2017. More...

Posté par pcassuto à 14:55 - - Permalien [#]

Trump Budget Seeks Cuts to Student Loan Programs

HomeBy Andrew Kreighbaum. The White House budget proposal expected next week includes major changes to federal financial aid programs, according to details reported Wednesday by The Washington Post. More...

Posté par pcassuto à 14:54 - - Permalien [#]


A ‘Repudiation’ of Trump Budget

HomeBy Andrew Kreighbaum. In restoring year-round Pell Grants and boosting research and other programs targeted for major cuts in White House's 2018 blueprint, 2017 budget deal suggests Congress's disinclination to embrace Trump approach. More...

Posté par pcassuto à 14:52 - - Permalien [#]

Senators Seek Briefings From DeVos on IRS Tool

HomeBy Andrew Kreighbaum. Tennessee Republican Lamar Alexander and Washington Democrat Patty Murray, the chairman and ranking member of the Senate education committee, wrote to Education Secretary Betsy DeVos Monday seeking additional updates on the reinstatement of the IRS data retrieval tool. More...

Posté par pcassuto à 14:51 - - Permalien [#]

DeVry to Rebrand as Adtalem Global Education

HomeBy Andrew Kreighbaum. DeVry Education Group is seeking to change its name to Adtalem Global Education Inc., it revealed to shareholders in an SEC filing. The filing asks shareholders to vote in favor of the name change ahead of a May 22 shareholder meeting at the company's headquarters. More...

Posté par pcassuto à 14:49 - - Permalien [#]

Spending Bill Gives Flexibility to Borrowers Seeking Loan Consolidation

HomeBy Andrew Kreighbaum. Language in the omnibus spending bill Congress agreed to over the weekend directs the Department of Education to allow student loan borrowers to select any servicer when consolidating their federal student loans. More...

Posté par pcassuto à 14:47 - - Permalien [#]

IRS Tool Won't be Restored for 2017-18 Aid Cycle

HomeBy Andrew Kreighbaum. The IRS data retrieval tool that let financial aid applicants automatically import income information into the FAFSA won't be restored for the current aid cycle, said James Runcie, chief operating officer of the Office of Federal Student Aid, in written testimony to Congress Wednesday. More...

Posté par pcassuto à 14:46 - - Permalien [#]