Education Department

Corinthian bankruptcy suit includes call for repayment freeze and asset sales

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Corinthian case moves through bankruptcy court, as feds try to spread word about debt relief to thousands of former students and Corinthian tries to sell assets ranging from campuses to typewriters.

Federal rule-making panel OKs plan to expand income-based repayment program

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Carrying out Obama directive to boost income-based repayment, Education Department panel endorses plan that will be available to all direct loan borrowers, regardless of when they incurred the debt. 

Colleges and the Education Department scramble to help former Corinthian students amid largest college shutdown

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Education Department and community colleges try to help Corinthian students transfer, but Senate Democrats and consumer groups complain about for-profits as a transfer option.

Feds take down a for-profit over job-placement rates as gainful-employment rules loom

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Education Department turns up heat on for-profits with job-placement-rate scrutiny, three months before gainful-employment rules kick in. But lack of federal standards for placement rates causes confusion.

Audit: Education Dept. hasn't enforced incentive compensation rules well

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Education Department's inspector general concludes that agency has not sufficiently adapted policies and procedures to enforce 2010 rules restricting pay to recruiters based on enrollment.

Southern New Hampshire U. president takes temporary post at Education Department

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Education Department brings in Southern New Hampshire president, a prominent voice on competency-based education, to pursue its goals on innovation.

Senate-sponsored report calls for simplified, and fewer, regulations on colleges

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A Senate-sponsored task force releases blueprint for Congress to scale back federal requirements that higher education leaders have long said are overly burdensome. 

Guaranty agency buys half of Corinthian Colleges and forgives $480 million in student debt

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ECMC closes deal to buy 53 Corinthian campuses, earning praise from federal agencies and some consumer groups for deal to forgive $480 million in students' private loans.

Feds move ahead with experimental sites for competency-based education

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The Education Department will loosen financial-aid rules for 40-plus colleges as they experiment with competency-based education and prior learning assessment.

New roles for guarantee agencies in era of direct federal lending

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Guarantee agencies branch out as private-lending pool dries up. Most stick to college completion and financial advising, but one produces a film while another buys 56 campuses from a for-profit.

 

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