The FTC outlined several cases it previously determined are illegal because they are deceptive or unfair. They include misrepresenting “directly or by implication” employment prospects for an institution’s students, graduates’ earning potential, and an institution’s ability to help students find jobs. They also include misrepresenting employment requirements in a field for which an institution trains students. Continue … Continue reading
Filed under Funding …
U.S. Department of Education Announces Transformational Changes to the Public Service Loan Forgiveness Program, Will Put Over 550,000 Public Service Workers Closer to Loan Forgiveness
[On Wednesday, 10/06/21] the U.S. Department of Education announced an overhaul of the Public Service Loan Forgiveness (PSLF) Program that it will implement over the next year to make the program live up to its promise. This policy will result in 22,000 borrowers who have consolidated loans—including previously ineligible loans—being immediately eligible for $1.74 billion … Continue reading
One State’s HBCUs Are Seeing More Interest From Adult Students. Here’s How They’re Responding
At Fayetteville State University, adult students make up about 48 percent of the overall student population. At Elizabeth City State, administrators have seen a nearly 50-percent increase in adult-student enrollment in just the last two years. Adult learners now account for 22 percent of the university’s student population. That growth has prompted administrators to take … Continue reading
Report: Federal income-driven repayment ‘built to be a debt trap’
The federal government’s systems that allow student borrowers to repay loans based on their income are flawed and can end up saddling them with more debt, a new report argues. This can affect borrowers’ financial health and well-being, it says. While debt under these income-driven repayment plans can theoretically be forgiven after 20 to 25 years, … Continue reading
Three Reasons for Those Hefty College Tuition Bills
What should we do about the high cost of higher education? As we pick the next president, that question should feature prominently in the public debate. The economic prosperity of our children and grandchildren hinges on finding the right answer. Today’s economy leaves little doubt about the value of college. According to the Bureau of … Continue reading
What Exactly is Personalized Learning?
It remains to be seen exactly how and where Mark Zuckerberg and his wife, Dr. Priscilla Chan, will spend the estimated $45 billion they’ve declared they will donate to charitable ventures, including education. But their announcement this week made one thing clear: in education, the two are focused on the potential of “personalized learning.” For … Continue reading
Moody’s Predicts College Closures to Triple by 2017
Closure rates of small colleges and universities will triple in the coming years, and mergers will double. Those are the predictions of a Moody’s Investor Service report released Friday that highlights a persistent inability among small colleges to increase revenue, which could lead as many as 15 institutions a year to shut their doors for … Continue reading
How Much Do We Really Know About College
The link today goes to a video produced by the Washington Post and the Bill & Melinda Gates Foundation. It shows data that some in higher education are aware of, but students and others may not be. How Much Do We Really Know?
Why Danish Students Are Paid to go to College
When 23-year-old Danish engineering student Louis Moe Christoffersen arrived in Baltimore in late January for an exchange semester, he immediately noticed a difference: Everything was so much more expensive at U.S. colleges than at home. Since 1985, U.S. college costs have surged by about 500 percent, tuition fees keep rising, and even President Obama’s plan to make community colleges … Continue reading
Think Students Can’t Declare Bankruptcy? Think Again
In 2005, Chuck Stewart’s life had come to a screeching halt. His partner was in the hospital with a terminal illness and he had only $300 in his bank account. He couldn’t find a job, and the $60,000 in student loans he took on for a doctorate in education weren’t going anywhere. That’s when he … Continue reading
Professor Van Ry 