Duncan Apologizes on PLUS Loans

By Michael Stratford. U.S. Education Secretary Arne Duncan apologized Thursday for how his agency managed changes to the PLUS loan programthat resulted in thousands of families being denied those loans. 
“I am not satisfied with the way we handled the updating and changes to the PLUS loan program,” he told a group of historically black college leaders gathered here for the Education Department's annual HBCU Week conference. Read more...