Direct lending

New default rates trip up a community college

Congress expanded federal student loan default metrics to scrutinize for-profits, but community colleges are worried, too, at least one with good reason.

A look at all 15 Reimagining Aid Design and Delivery reports from the Gates Foundation

Examining the results of the Gates Foundation's efforts to change the conversation around federal financial aid.

CFPB is investigating Corinthian Colleges, possibly focusing on student lending

The Consumer Financial Protection Bureau enters the for-profit fray with an investigation of Corinthian Colleges, that references the company's loans to students. Will investigation expand?

Budget compromise would preserve maximum Pell grant, NIH funding

A budget compromise would slightly increase funding for the National Institutes of Health and change eligibility for the largest federal grant program for college students.

New roles for guarantee agencies in era of direct federal lending

Guarantee agencies branch out as private-lending pool dries up. Most stick to college completion and financial advising, but one produces a film while another buys 56 campuses from a for-profit.

 

CGS forum focuses on minimizing graduate student debt

With student debt surpassing $1 trillion, graduate school deans discuss the implications for graduate school admissions and retention and the importance of financial literacy.

Deal reached to extend student loan interest rate

Senate leaders agree on a way to keep interest rate on federally subsidized student loans at 3.4 percent for another year, in part by limiting eligibility for the loans.

Problems plague Education Department debt management process

Problems with direct loan servicing have left borrowers trying to rehabilitate their loans in default for months and cost the government millions of dollars.

Higher education proposals in 2013 Republican budget

A proposal announced Tuesday would cut Pell Grants and make student loans appear more costly on federal balance sheets.

Financial aid 'experiment' would let colleges set borrowing limits for some federal loans

An experimental financial aid program would let colleges restrict students' borrowing for federal unsubsidized loans as part of a test run.

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