Submitted by Stefanie Botelho. A coalition of people who say they were defrauded by Corinthian Colleges, ITT Technical Institutes, Art Institutes and other for-profit colleges are urging the Obama administration to cancel their debt before Donald Trump takes office. More...

Submitted by Stefanie Botelho. USA Funds is transferring ownership of its education loan guarantor affiliates United Student Aid Funds, the nation’s largest education loan guarantor, and Northwest Education Loan Association (NELA) to Great Lakes Higher Education Corporation effective Jan. 1, 2017. More...

Submitted by Stefanie Botelho. Last week's higher education headlines were packed with stories about a federal report on the projected cost of forgiveness under income-driven repayment plans. Currently, certain income-driven repayment plans require payment on federal student loans for 20 to 25 years – 10 years if the borrower works in public service – and then the federal government forgives any remaining balance, although the forgiven amount is taxed as income. More...

By Bruce Chapman. The Grattan Institute has proposed that a 15% surcharge should be added to the Higher Education Loan Program (HELP) debt of undergraduate and college students. More...

By Andrew Kreighbaum. The Department of Education Thursday announced an experiment to find the best loan counseling services for student borrowers. Read more...

By Andrew Kreighbaum. Education Department officials say they will work through Jan. 20 to review claims of defrauded students, but borrowers and advocates call for more urgency. Read more...

By Andrew Kreighbaum. The Debt Collective, an activist group and offshoot of the Occupy Wall Street movement, is calling on the Obama administration to provide debt relief for student loan borrowers who say they were defrauded by for-profit institutions before President Obama leaves office next year. Read more...