Student Aid and Loans

Student Aid and Loans
Richard Cordray
Feb 27, 2014
Consumer protection bureau's first action against a for-profit college signals how aggressively the watchdog agency plans to use its enforcement powers in the industry.

Archive

January 8, 2014
New report says Education Department did not go far enough in controversial changes it made several years ago to eligibility requirements for Parent PLUS Loans. 
December 20, 2013
/sites/default/server_files/files/Student Loan Borrower Bill of Rights-Section by Section.pdfSenate Democrats begin push on student loan debt and accountability for colleges and universities, though Republican support may be elusive.
December 18, 2013
U.S. consumer bureau officials call on financial institutions to disclose the agreements they have with colleges to provide students with debit cards. The lack of transparency constitutes a "risky practice," agency's director says. 
December 16, 2013
Responding to Supreme Court ruling, the Education Department will begin recognizing same-sex couples for the purposes of distributing federal financial aid.  
December 10, 2013
Focusing on no-loan policies or Pell Grant rules on courseloads misses the reality about access and completion for needy students: the buying power of federal aid hasn't kept up, writes Sara Goldrick-Rab.
December 6, 2013
Nelson Mandela's death puts on hold caucus for college leaders to talk about lower-income student success, for which they have been asked to set specific goals.
December 5, 2013
A report released Wednesday shows another student debt figure is continuing to rise: 2012 college graduates who took out loans borrowed an average of $29,400 of debt to pay for their education. 
December 3, 2013
The Consumer Financial Protection Bureau has finalized its authority to more closely monitor student loan servicing companies to make sure they're following the law and not misleading consumers. 
November 22, 2013
Two senators join the increasingly crowded Washington bandwagon for alternative forms of higher education to have access to federal funding. They also want college aid tied to institutional performance.
November 21, 2013
At online learning conference, federal officials say Education Department will soon loosen regulations for institutions experimenting with new forms of assessment.

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