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New Bill Targets Endowments

Federal legislation would require public and private colleges with endowments over $1 billion to cover between 25 and 75 percent of all students’ cost of attendance. Higher ed experts say colleges won’t be able to do that, given strict rules around endowment spending.
President Biden and Education Secretary Miguel Cardona

Inside Biden’s Debt Relief Plan

The president announced a plan expected to impact 95 percent of the 43 million federal student loan borrowers. Democrats call the announcement a win for low- and middle-income Americans. Republicans question its legality.

Canceling Debt Is a Start—but Only a Start

Biden’s student loan forgiveness, while welcome, barely scratches the surface of what’s needed to address higher education affordability and access, Jamie Merisotis writes.

Biden Cancels Student Loan Debt for Millions

President forgives $10,000 for everyone whose income doesn’t exceed $125,000, and $20,000 for Pell Grant recipients.

From 3 Struggling Public Colleges, a New University Emerges

Enrollment declines, state underfunding and structural deficits created a crisis in Vermont’s college system. Rather than close campuses, a statewide hybrid institution aims to cut costs and build long-term legislative backing.

Today Is the Day

President Biden is expected to cancel $10,000 of federal student loan debt per borrower, and extend the pause on loan payments. Loan servicers say they’ve been left in the dark and warn of a big mess that could trigger confusion among borrowers.

Backlash to Dr. Leana Wen Talk on Backlash

Members object to American Public Health Association’s speaker invite to Dr. Leana Wen, revealing deep divisions in the field over the COVID-19 response.

A Federal-State Partnership for Higher Ed Funding

The federal government can play a role in reducing public college costs by establishing a flexible matching grant program, Kevin Miller writes.