Inside Higher Ed. A group of former ITT Technical Institute students reached an approved settlement Wednesday that would allow them to participate in bankruptcy proceedings with the institution’s parent company. The agreement allows the students to claim $1.5 billion and cancel nearly $600 million in debts for students who attended ITT between […]
Inside Higher Ed. The Office of Federal Student Aid’s plans for a prepaid student aid card would position the office — and the contractor it selects — for a long-term, even lifelong, relationship with student borrowers, according to documents released this week. The prepaid card is one of several new […]
Inside Higher Ed. The U.S. Government Accountability Office this week released a study on the U.S. accreditation system. After conducting interviews with experts and a literature review, the GAO said the accreditation system has some key strengths, including reviews that are specifically tailored to various types of colleges and programs. […]
The Chronicle of Higher Education. Higher education will face many of the same challenges in 2018 that it has in previous years, but additional state and federal pressures suggest a bleak outlook for the sector this year, according to the ratings agency Standard and Poor’s. “S&P Global Ratings believes institutions […]
Federal Register. A Rule by the Education Department on 08/18/2017. This document has a comment period that ends on 09/18/2017. SUBMIT A FORMAL COMMENT AGENCY: Office of Postsecondary Education, Department of Education. ACTION: Announcement of applicable dates; request for comments. SUMMARY: The Department, in this document, establishes new deadlines for […]
Inside Higher Ed. The Consumer Financial Protection Bureau is seeking a proposed settlementagainst Aequitas Capital Management for assisting Corinthian Colleges with providing private loans to its students. The federal agency alleges that Aequitas, which was a private equity firm based in Oregon, enabled Corinthian to make the private loans so […]
MarketWatch. When most people think of a college student they likely imagine an 18- to 22-year-old coed bounding through the quad on the way to her dorm from a lecture hall. But these days, the typical college student actually looks more like Erin Jones. Jones, 37, is a veteran and […]
Duane Morris LLP. On August 17, 2017, the U.S. Department of Education announced changes to the gainful employment (GE) rule’s alternate earnings deadlines and appeal process. The announcement is in response to the recent District of Columbia Court decision in American Association of Cosmetology Schools v. DeVos that required the […]
Inside Higher Ed. About two-thirds of U.S. adults would want their child to attend a four-year university if they had a child of college-going age, but significant variations exist based on income, educational attainment and partisan affiliation, according to new polling released today. Support for a child attending a university […]
The Chronicle of Higher Education. Since being confirmed as Education Secretary in February, Betsy DeVos has not regularly spoken with the media. Last Wednesday, however, she sat down for a 30-minute conversation with the Associated Press to discuss a range of topics, including campus sexual assault and whether or not […]