Mandatory budget cuts take effect at midnight tonight. While the specific effects of the cuts are still unclear, colleges warn they will be harmful.
Mandatory budget cuts are scheduled to take effect March 1. This time, colleges fear it might actually happen, but have little idea how the cuts would be applied.
Changes to grant eligibility are hitting transfer students, and returning dropouts, particularly hard.
Two new reports by the College Board show more moderate tuition increases than in previous years, but restrictions on federal aid spending could lead to higher net prices going forward.
Despite ever-growing concern about student debt, enrollment lags in federal government programs that tie loan repayment to borrowers' income.
Competency-based education is poised to spread, with expected backing from the Education Department and new ground charted by Southern New Hampshire University.
If mandatory spending cuts go into effect Jan. 1, many federal higher education programs will lose about 8 percent of their funding.
Federal spending on the biggest student grant program surprisingly declines by $2.2 billion, even as numbers of recipients increased. But a sword still hangs over the program.
Long Island U. is latest college to face budget problems after overspending on financial aid, a reflection of how the affordability crisis is squeezing institutions.
The Consumer Financial Protection Bureau urges Congress to reconsider bankruptcy discharges for private student loans and provides an overview of the lending market in a report to Congress.
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