Financial Health

As part of larger Gates Foundation effort, new panel aims to reimagine federal aid design and delivery to improve student outcomes. The effort is stoking suspicions.

A Senate panel asks what could be done to simplify federal education tax benefits, should a larger overhaul of the tax code take place.

Data from the New York Fed show student borrowers are increasingly over 40, including some still paying back their own loans while borrowing for their children's education.

A House of Representatives budget proposal for 2013 would make no cuts to major financial aid programs, agreeing with a Senate version approved last month.

In white paper, economists say perception is "worse than reality" and that students and families should view higher education as long-term investment, not a good they consume.

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?

Yes, campuses should contain tuition and financial aid should be available. But students have responsibility, too, writes Aaron Broadus: They should choose a college they can afford.

Federal court finds that Education Dept. lacked adequate justification for one key measure in new regulations.