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The long-serving education secretary expanded Pell Grants, encouraged experimentation, cracked down on for-profit colleges and took federal regulation into uncharted waters.
The Obama administration releases its revamped consumer tool -- in lieu of a college ratings system -- featuring data on postcollege earnings and how well students are repaying their loans.
As proprietary colleges struggle, banks gain increasing influence over their fates and their dealings with the government.
Obama administration confirms its pilot program to offer Pell Grants to some prisoners is coming this Friday, and some Republican opposition is already forming.
Colleges and banks say new Education Department rules governing debit cards and more would limit choice and might be illegal, while consumer advocates urge the agency to crack down even further.
Federal accountability system won't compare colleges or assign scores, as Obama sought, but will instead be a data-rich, consumer-facing tool on access, affordability and performance.
Education Department and regional accreditors seek common ground on competency-based education, including what the faculty role should be in the emerging form of higher education.
As colleges increasingly turn to outside companies for a range of services relating to financial aid, the Education Department steps up its regulation of those companies.
The implosion of Corinthian Colleges came to an end Monday as the for-profit chain closed its doors for good -- but the political fallout for the Education Department remains.
U.S. government declines to identify dozens of institutions whose federal funding it has restricted because of concerns about their risk to students and taxpayers.
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