CAPPS

California Cracks Down on Amerifed for Loan Repayment Scam

California Cracks Down on Amerifed for Loan Repayment Scam

Inside Higher Ed Susan H. Greenberg August 10, 2021 In its latest move to crack down on student loan debt-relief scams, California ordered Amerifed Doc Prep LLC to pay more than $1.37 million for illegally collecting advance fees from consumers looking to reduce or forgive their student loans. The California Department […]

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Does New Regulatory Agreement in California Offer Glimpse Into Future Federal Regulatory Action?

Does New Regulatory Agreement in California Offer Glimpse Into Future Federal Regulatory Action?

NASFAA Owen Daugherty August 9, 2021 California regulators plan to apply more oversight to income-share agreements (ISAs) and will now treat them as private student loans under California’s student loan servicing law, the California Department of Financial Protection and Innovation (DFPI) announced Thursday. DFPI announced it had entered into a “landmark agreement” […]

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California moves to regulate alternative student loans through ‘landmark agreement’

California moves to regulate alternative student loans through ‘landmark agreement’

Yahoo Finance Aarthi Swaminathan August 5, 2021 California’s top consumer watchdog has signed a deal with a company providing alternative student loans to increase oversight over increasingly popular income-share agreements (ISAs), Yahoo Finance has learned. The Department of Financial Protection and Innovation (DFPI) entered into a “landmark agreement” with New York-based Meratas, […]

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The Number of Colleges Continues to Shrink

The Number of Colleges Continues to Shrink

Inside Higher Ed Doug Lederman August 2, 2021 More public and private two-year and four-year colleges closed or merged between 2019-20 and 2020-21 than was true for for-profit institutions, a change from recent trends. The days when releases of federal data on college enrollments were newsworthy have largely passed, ever […]

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Pearson Launches App for Students

Pearson Launches App for Students

Inside Higher Ed July 30, 2021 Scott Jaschik Pearson is today launching a student app that will provide tools to use with their Pearson books. The app, according to Pearson, “will fundamentally change the way students access and experience college textbooks” by providing students with a range of tools that […]

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Saint Leo University to Merge With Marymount California

Saint Leo University to Merge With Marymount California

Inside Higher Ed Emma Whitford July 30, 2021 Marymount has sought a buyer for two years. Saint Leo is looking to expand its reach, both online and on the ground. Saint Leo University, a liberal arts institution in Florida, will merge with Marymount California University, a liberal arts institution on the […]

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#DoublePell Costs Three Times as Much

#DoublePell Costs Three Times as Much

Real Clear Education  Steven Taylor July 30, 2021 The #DoublePell movement to increase the maximum Pell Grant – a federal subsidy to help eligible low-income students pay for college – will likely play out in the current budget reconciliation process. This week, Congress held a hearing on the Pell Grant, including current legislation to double the Pell […]

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California governor signs bill to expand student aid, create new transfer pathways

California governor signs bill to expand student aid, create new transfer pathways

Higher Ed Dive  Natalie Schwartz July 28, 2021 Dive Brief: California Gov. Gavin Newsom signed higher education legislation this week that expands student financial aid, creates new transfer pathways and provides grants for workers displaced by the coronavirus pandemic. The legislation is part of the governor’s plan to help rebuild California’s economy […]

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New Report Finds Adults with Nondegree Credentials Rate Their Education Positively, Especially When Combined with College Degrees

New Report Finds Adults with Nondegree Credentials Rate Their Education Positively, Especially When Combined with College Degrees

Strada Education Network  July 28, 2021 Report also finds that more respondents rate shorter nondegree programs as worth the cost than longer ones. INDIANAPOLIS — July 28, 2021 — Strada Education Network, a nonprofit social impact organization dedicated to improving lives by forging pathways between education and employment, has released new […]

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What You Need to Know: Democrats’ Latest Spending Spree

What You Need to Know: Democrats’ Latest Spending Spree

Committee on Education & Labor  July 27, 2021 Yet again, Democrats are attempting to ram through a massive spending package that balloons the national debt and the left-wing agenda in one fell swoop. Here’s what you need to know about the horrible education and labor provisions in the Fiscal Year 2022 […]

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