Financial aid

Promise programs thrive despite unanswered questions about long-term effects and sustainability

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"Promise program" scholarships are appealing to cities and counties looking to boost their local educational achievement. But it's too early to say for sure that the programs work.

Education Department meets with ex-Corinthian students who refuse to repay federal loans

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The number of students refusing to repay the loans they took out to attend a for-profit college swells to 100 -- and meeting with U.S. officials gives them a boost.

Obama administration will create student loan complaint system, centralized payments for borrowers

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President Obama announced a series of executive actions aimed at improving and centralizing the customer service experience of borrowers with federal student loans.

Report shows slowdown of tuition increases, education borrowing

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College Board's annual reports give evidence that rising tuition prices and college debt may not go on forever. Tuition increases are slowing, as education borrowing declines slightly.

Think tank backs changes to Pell by pointing out tricks colleges play with merit aid

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Lobbying for changes to key aid program for low-income students, New America Foundation study points to tricks colleges play with Pell Grants.

As state student aid spending plateaus, need-based grants get a boost

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States last year kept their spending on student aid roughly the same -- but they invested more heavily in grant programs based on financial need rather than merit. 

Report on unintended consequences of lottery-based scholarships and how to fix them

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Lottery-based scholarships are popular and bring benefits, but often accompany other budget cuts and can fail to benefit students who most need funds, new report finds.

Kentucky State U., an HBCU, drops a quarter of its students for unpaid bills

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Kentucky State University tells a fourth of its student body to leave because they haven't paid their bills.

Colleges that miss enrollment targets step up their summer recruitment

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What happens after tuition-dependent private colleges miss their enrollment goals? Depends on the campus.

National Hispanic U.'s teach-out raises questions about Hispanic student market

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National Hispanic University shutters degree programs in part because of aid program eligibility, but some question whether demand is there for such a specialized university.

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