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A ‘Modest but Important Step’ Against Transcript Withholding
The proposed ban comes as more states are restricting colleges and universities from withholding transcripts when a student owes money to the institution. The planned federal ban would only apply in some cases.
A ‘More Rigorous Process’ to Determine Financial Aid Eligibility
Biden administration wants to add a host of new conditions to the agreements that allow colleges and universities to receive financial aid. Critics say those proposals need more work.
Senate OKs Resolution to Block Loan Forgiveness
President Biden has said he would veto the resolution, while some said it would cause “irreparable damage” to the federal student loan system.
Momentum Building for Pell Grant Expansion
Informal negotiations over how to expand the Pell Grant to job-training programs have begun but lawmakers face uphill challenge in getting a bill through Congress.
More Tough Questions for Education Department
Republicans once again used the hearing, which revealed little new information about the actual policies, to decry the administration’s efforts to overhaul the student loan system.
A Stricter Test for College Programs
Critics argue that the earnings test, which is based on the average earnings of a high school graduate with no college, is unfair. But supporters say it provides key information.
New, Stronger Gainful Employment Regs Released
The rule adds more requirements for all postsecondary nondegree programs and all programs at for-profit institutions. Education Department officials hailed the regulations as the strongest ever gainful-employment rule.
Federal Student Aid Funding Woes Complicate Resuming Student Loan Payments
Experts and advocates worry that the Education Department lacks adequate funds and won’t be able to prevent high rates of default and delinquency when student loan payments eventually turn back on.