Financial aid

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

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

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

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. 

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

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

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

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.

Colleges that miss enrollment targets step up their summer recruitment

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

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.

Incoming freshmen more driven by money than ever, survey shows

The impact of rising costs in a post-recession economy on the concerns and decisions of incoming freshmen is stronger than ever, an annual survey shows.

Under Congressional scrutiny, colleges alter wording of financial aid websites

Responding to unusually detailed criticism from a member of Congress last week, dozens of colleges change the wording of their financial aid websites. 

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