Financial aid

Merit aid makes college more expensive for low income students, report finds

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Use of non-need-based aid in pursuit of tuition revenue and prestige is driving up the cost of college for low-income families, New America Foundation report finds.

NACUBO survey reports sixth consecutive year of discount rate increases

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Discount rates at private colleges continue to grow, according to annual survey, reflecting the myriad pressures that are weakening college pricing power.

Out-of-state enrollment decreases minority, low-income student enrollment

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New paper finds that increases in the proportion of out-of-state students at public research universities lead to declines in the enrollment of minority and low-income students.

With 2 hearings, Congress takes first steps toward rewriting Higher Education Act

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With concurrent hearings, Congress takes the first tentative steps toward reauthorizing the Higher Education Act.

U.S. announces rulemaking on gainful employment, state authorization and 'long-term agenda'

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The Education Department gears up to try again on regulations governing vocational programs, and -- building on its recent activity -- hints at broad regulatory agenda in the near future.

Report calls for separating Pell Grants for adult and younger students

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A new report on rethinking financial aid calls for splitting the main federal need-based-aid program in two, with one grant for adult students and another for traditional-age students.

Focus groups find problems with various award letter templates

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A focus group study of financial aid award letters suggests students and parents want clear information, but haven't found it in existing recommendations for financial aid disclosures.

Vanderbilt's singular focus on raising money for aid lowers debt

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Vanderbilt has seen average student debt decline due to “singular focus” on fund raising for need-based financial aid, a potential model for other universities. Hopkins has taken similar approach.

Senate votes to defund political science research, save tuition assistance in budget bill

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Senate votes to ban federal funding for most political science research and to restore tuition assistance to active-duty service members.

Consumer Financial Protection Bureau to seek oversight of loan servicers

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After a slew of complaints about federal and private loan processing and collection, Consumer Financial Protection Bureau seeks oversight of the largest servicers.

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