- GAO cites 'serious weaknesses' in federal oversight of debt management system
- Lacking the 'Ability to Benefit'
- Quick Takes: Eligible Texas Students Don't Get Aid, Burden of Student Loan Debt, AARP Praises 7 Universities as Employers
- Audit Finds U.S. Overpayments to Lender
- Federal regulators debate how to handle direct assessment programs
The state auditor's office in Texas has found numerous instances of public colleges and universities failing to follow federal rules for managing student aid, The Dallas Morning News reported. Ten institutions were found to be making incorrect calculations of the cost of attendance. Several institutions were found to award too much aid, or to fail to adequately monitor students' academic progress.
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