The undersecretary said, “We expect this temporary incentive to drive up repayment rates and significantly improve the overall health of the federal student loan portfolio.” The Department of…
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House Passes Legislation to Prevent Federal Student Financial Aid Theft
The “No Aid for Ghost Students Act“ seeks to codify fraud detection measures already implemented by the Education Department. The U.S. House of Representatives recently passed legislation, introduced…
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Education Department Establishes Workforce Pell Grant Program
The education secretary said the administration seeks to shift postsecondary education to low-cost, high-value programs. The Department of Education announced a final rule for the Workforce Pell Grant…
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Education Secretary Reports Federal Student Loan Fraud
The Education Department launched a new risk assessment tool last month. Education Secretary Linda McMahon recently discussed the level of fraud officials have uncovered in Federal Student Aid…
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DOJ Investigation Determines Yale Medical School Engaged in Discrimination for Admissions
Minority students with equal and lesser academic qualifications were consistently admitted ahead of white or Asian peers. The Justice Department’s Office of Civil Rights concluded, after a year-long…
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Education Department Finalizes Student Loan Reform Rule
New policies set borrowing limits and revise repayment options under federal law. The U.S. Department of Education has released a final rule outlining changes to federal student loan…
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Education Department Proposes Accountability Rules for College Aid Programs
Draft regulations would tie federal loan eligibility to graduate earnings and open a 30-day public comment period The U.S. Department of Education released a Notice of Proposed Rulemaking…
Read MoreEducation Department Issues Guidance for Borrowers Enrolled in SAVE Plan
Guidance outlines move to other repayment options following court-approved settlement The Department of Education recently announced guidance directing borrowers enrolled in the SAVE repayment plan to transition to…
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House of Representatives DIGNIDAD Act Promotes Path to Citizenship
The bill, authored in Spanish, would provide 10 million illegals residing in the U.S. a path to citizenship. Representative Maria Elvira Salazar of Florida has introduced a bill,…
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Education and Treasury Departments Partner to Manage Federal Student Aid Portfolio
The Treasury will assist with collections and repayment efforts for the $1.7 trillion federal student aid system. The U.S. Departments of Education and the Treasury announced a Federal…
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