Financial aid

Four surprising findings on debt and default among community college students

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Community college students who take out small federal loans are more likely to default, new report finds, and most defaulters earned fewer than 15 credits and never made a payment on their debt.

New College Scorecard repayment data fuels debate over accountability for higher ed

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Repayment rates may replace default rates as key measure of quality. That's bad news for many for-profit and historically black colleges, and some community colleges, too.

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.

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