Financial aid

Looming default rates could penalize community colleges where few students borrow

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Community colleges ask Washington for help on a federal loan-default measure they say is snagging colleges where relatively few students borrow.

Consumer Financial Protection Bureau sues ITT, alleges predatory loan scheme

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Consumer protection bureau's first action against a for-profit college signals how aggressively the watchdog agency plans to use its enforcement powers in the industry.

Under Congressional scrutiny, colleges alter wording of financial aid websites

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

Public universities propose alternative to Obama ratings plan

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Association of public universities says Obama ratings system could create "perverse incentives," but supports linking receipt of aid to performance on key metrics.

New Census data on non-college credentials and the work force

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U.S. Census Bureau's first-of-its-kind report on the 25 percent of adults who hold a non-degree credential could influence policy and how college completion is viewed.

Obama administration announces new college commitments and funding for low-income students

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The Obama administration unveils more than 100 commitments from colleges and universities and millions of dollars in philanthropic donations as part of its White House higher education summit. 

Consumer bureau calls on financial institutions to disclose debit card agreements with colleges

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U.S. consumer bureau officials call on financial institutions to disclose the agreements they have with colleges to provide students with debit cards. The lack of transparency constitutes a "risky practice," agency's director says. 

Michelle Obama speech signals new administration focus on boosting low-income college enrollment

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With Michelle Obama's speech on higher education -- and another meeting of university presidents at the White House -- the administration kicks off a new push to increase low-income students' access to college.

Feds release tighter proposed language for gainful employment rules

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Education Department proposes perhaps its strictest proposed language on the rules so far, a week before negotiators get back to business.

White House officials discuss low-income recruitment with university presidents

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Administration officials summoned university presidents to discuss a possible effort to get more low-income, academically talented students to apply to the nation’s best institutions.  


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