By Goldie Blumenstyk. Only half of 30,000 college alumni polled for the Gallup-Purdue Index strongly agreed that their higher education was worth the cost, according to the results of the second annual national survey, being published on Tuesday. More...
80 Selective Colleges Unveil Plans for a New Application — and Inspire Some Skepticism
By Eric Hoover. A coalition of 80 selective public and private colleges announced plans on Monday to build a platform that would "streamline the experience of planning for and applying to college," according to the group’s website. More...
In Falling Default Rates, an Incomplete Picture of Borrower Distress
By Kelly Field. Default rates on federal student loans fell at all types of colleges this year, with the biggest drop occurring among for-profit institutions. More...
Another Network Outage at Rutgers Leads to Frustration Among Professors and Students
By Ellen Wexler. The attack, which started at about 10 a.m. and lasted into the afternoon, is the fourth to hit the university since November 2014. After last year’s attacks, Rutgers spent $3 million to tighten its security — which is one of the reasons the institution raised tuition and fees 2.3 percent this year, according to NJ.com. More...
Will Congress Finally Pull the Plug on Perkins Loans?
By Kelly Field. Democratic lawmakers are joining with House Republicans in a last-ditch effort to save the decades-old Federal Perkins Loan Program, which is set to expire next week. More...
Should student loans be dischargeable in bankruptcy?
By . Roughly seven million borrowers are in default on their federal student loans, and a record amount of outstanding student loan debt is delinquent. There is a well-publicized concern that student loan default will hinder economic growth and harm students for years to come. More...
Understanding the College Scorecard
By Jonathan Rothwell. In 2013, President Obama used part of his State of the Union address to announce a new plan to increase transparency in higher education. As he put it, his administration created a “college scorecard that parents and students can use to compare schools based on a simple criteria—where you can get the most bang for your educational buck.” More...
Mapping the market for higher education
By Beth Akers and Adela Soliz. Last week, the White House announced an important innovation in higher education data availability. For the first time, the U.S. Department of Education has made institution level earnings information available to the public.i Students shopping for a college can now log on to the College Scorecard and see earnings information alongside other important factors, such as cost and graduation rate. More...
Federal education grant money is a terrible thing to waste
By . Over the past decade, a plethora of programs have been created to prepare students for careers in technical fields. These schemes often allow high school students to earn college credits, develop relationships with possible employers, and/or receive career guidance and mentoring. More...
How well do default rates reflect student loan repayment?
By . The U.S. Department of Education released new data this week on colleges’ cohort default rates (CDR)—reflecting the percentage of a college’s former students with federal student loans who entered repayment in Fiscal Year 2012 and defaulted by the end of Fiscal Year 2014. More...