Financial aid

Competency-based education may get a boost

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Competency-based education is poised to spread, with expected backing from the Education Department and new ground charted by Southern New Hampshire University.

Sequester would hit higher education programs hard

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If mandatory spending cuts go into effect Jan. 1, many federal higher education programs will lose about 8 percent of their funding.

Pell spending declines despite growth in grant recipients

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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 University overspending on financial aid reflects affordability concern

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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.

Consumer Financial Protection Bureau issues report on private student lending

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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.

Cornell restores loans for those with family incomes above $60,000

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Cornell pulls back from its aid policy, restoring some borrowing for new students with family incomes of $60,000 to $75,000. Will more colleges follow?

Duncan urges more students to apply to more colleges

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Citing a statistic from the FAFSA, the Education Secretary has encouraged more students to apply to more colleges. But most already apply to more than one -- and there's no evidence it will affect college-going rates.

How standardized should financial aid award letters be?

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Rising concern about student debt has reignited debates about standardizing financial aid award letters.

What we don't know about college student debt

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Despite growing concern over loan burdens, some key data points remain completely unclear -- including how much students borrow, on average, at specific colleges.

CFPB is investigating Corinthian Colleges, possibly focusing on student lending

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The Consumer Financial Protection Bureau enters the for-profit fray with an investigation of Corinthian Colleges, that references the company's loans to students. Will investigation expand?

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