Financial aid

What does it mean for college to be 'affordable'? Here's one answer.

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With policy proposals flying, Lumina Foundation aims to start a discussion about what's reasonable for a typical student and her family to pay for college. Let the debate begin.

Education Department will stop giving colleges information about students’ choices

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Education Department will stop giving colleges information from federal form about students' college preferences, which critics said disadvantaged some students during the admissions and financial aid process.

Federal work-study pays off best for students at public colleges, but increases debt loads

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Federal work-study generally boosts students' odds of graduating and getting a job, study finds. But money too often goes to wealthier students, and findings show an alarming increase in participants' debt loads.

Education Department confirms Pell Grant pilot program for prisoners

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Obama administration confirms its pilot program to offer Pell Grants to some prisoners is coming this Friday, and some Republican opposition is already forming.

U.S. will erase debt for Corinthian students, create new loan forgiveness process

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Obama administration announces debt relief for tens of thousands of former Corinthian students -- and possibly many more students at that college and others.

Obama administration may soon announce experimental access to Pell Grants for incarcerated students

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The Education Department is considering a limited experiment to allow incarcerated students to receive Pell Grants, which could build momentum for lifting a Clinton-era congressional ban.

As Corinthian enters bankruptcy, U.S. responds to debt relief calls

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As Corinthian files for bankruptcy, Education Department officials race to head off the political firestorm over debt forgiveness sparked by unprecedented collapse of the for-profit college. 

U.S. proposes easier default rate appeals for community colleges

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The Obama administration is eyeing a plan that would make it easier for community colleges to appeal high loan default rates because relatively few of their students take out loans.

Education Department names the remaining colleges on monitoring list for ‘severe’ audit findings

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The remaining colleges -- most of which have been singled out for scrutiny over "severe" audit findings -- are mostly for-profit colleges and beauty schools. 

University that went bankrupt amid tighter federal scrutiny looks to collect money from former students

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Mid-Continent University's closure last year left a messy situation for students -- and it was precipitated by financial sanctions the U.S. Department of Education uses to rein in colleges.

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