Financial aid

Study suggests limitations in CARD Act's effectiveness

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Study turns up mixed reviews in the effectiveness of the CARD Act of 2009, parts of which were intended to protect students from aggressive marketing by credit card companies, on and off campus.

Colleges worry about end of federal aid based on "ability to benefit"

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High school dropouts used to be able to qualify for federal grants and loans based on a basic skills test. That ends in July, and community colleges are worried about what will happen to these students.

Education Department raises hackles over clock hour definition

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The Education Department's take on the definition of "clock hour" programs is too broad and could unfairly cut into federal aid, say a Texas state agency and for-profits.

Obama plan to tie tuition prices to aid eligibility draws criticism

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With Obama proposing to make colleges that increase tuition too much ineligible for some federal financial aid, many say that would only make matters worse.

Higher education proposals included in State of the Union

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In State of the Union speech, Obama calls for keeping student loan interest rates low and warns colleges to stop raising tuition -- or risk losing federal support.

Budget compromise would preserve maximum Pell grant, NIH funding

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A budget compromise would slightly increase funding for the National Institutes of Health and change eligibility for the largest federal grant program for college students.

Advocates say department inaction, forced arbitration leave defrauded borrowers in bind

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Student advocates say Education Department’s slow processing of borrower-defense claims and blocking of ban on mandatory arbitration put defrauded borrowers in a bind.

As lawmakers examine improper payments, record of former FSA chief under scrutiny

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Republicans in Congress press issue of improper payments by Department of Education and suggest possible subpoena of former student aid chief.

DeVos says Education Dept. will provide relief to students promised loan discharge

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Education secretary finally responds, without detail, to Democratic lawmakers who sought answers on status of promised student loan discharge claims for defrauded borrowers.

A glimpse into some experiments with income-share agreements

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Colleges (and nontraditional providers) experiment with income-share agreements as innovation that could help some people afford education and training.

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