By Paul Fain. The U.S. Congress on Monday released a $1.3 trillion spending deal it is expected to pass before the government shutdown deadline Friday. More...
Feds' New Methodology for Borrower Defense
By Paul Fain. Betsy DeVos, the U.S. secretary of education, on Tuesday announced a new methodology for the Education Department to cancel loan debt balances held by defrauded students. The announcement comes amid sustained criticism by Democrats in the U.S. Congress and legal challenges by consumer advocates about the department's plan to offer partial loan relief in many cases. More...
FTC and Phoenix Settle Over Ad Probe
Study on Marketplace for Income-Share Agreements
By Paul Fain. A new discussion paper from the Consumer Finance Institute of the Federal Reserve Bank of Philadelphia analyzes the nascent marketplace for income-share agreements in postsecondary education. More...
Senate Compromise on HBCU Funding, FAFSA
By Paul Fain. Leaders of the education committee of the U.S. Senate on Tuesday released a bipartisan proposed amendment that would make permanent $255 million in annual funding for historically black colleges and universities and other minority-serving institutions, simplify the Free Application for Federal Student Aid (FAFSA), and eliminate paperwork for income-driven student loan repayment plans. More...
Temple Student's Tik Tok Offends Many
By Elin Johnson. A student at Temple University describing the Philadelphia neighborhood surrounding the university as the "ghetto" has drawn outrage and condemnation from the university and community, CBS 3 Philly reports. More...
North Carolina Loses $1.5M Over Silent Sam Deal
By Elin Johnson. After striking up a deal to pass off the controversial Silent Sam statue, the University of North Carolina at Chapel Hill has lost $1.5 million worth of grant money, according to WRAL.com. More...
Dems Boycott Debate Over Loyola Marymount Worker Dispute
By Elin Johnson. A labor dispute between employees at Loyola Marymount University in Los Angeles could derail the upcoming Democratic presidential candidate debate, The New York Times reports. More...
Kennesaw State Settles Anthem Kneeling Lawsuit
By Elin Johnson. After Kennesaw State University made the decision to prevent five of its cheerleaders from protesting during the national anthem, Georgia taxpayers will now be fronting the $145,000 legal settlement. More...