"The Education Department will release on Thursday the final version of its 'gainful employment' rule—the subject of years of intense debate, revision, and litigation," The Chronicle of Higher Education reports.
A new online tool from the University of Texas System aims to help students make more informed decisions about their education and future careers by offering comprehensive data on employment outcomes of UT graduates.
"For some years now, Sen. Richard J. Durbin, a Democrat from Illinois, has waged a war against for-profit colleges and universities," Paul Alexander writes in a commentary piece for Roll Call.
"For many students, what they'll pay to attend college isn't clear. But paying for college doesn't have to remain a mystery," according to U.S. News and World Report. "'While [online tools] might not be able to offer a precise number, they give families a ballpark,' says Megan McClean, the National Association of Financial Aid Administrators' managing director of policy and federal relations."
"A $10 million gift to Yale University will go toward scholarships for low-income Chinese students," Inside Higher Ed reports.
"There’s a debate whether a recent boom in online-university courses democratizes higher education, or provides a playground for the wealthy," The Wall Street Journal's Digits reports.
"The government has stacked the financial aid system in favor of debt. You can get a 10-year term loan with a four-year grace at cut rates with no credit check. Oh, and much of the loan may be forgiven. It's the sweetest loan in America," Bob Hildreth, founder and executive director of FUEL Education, writes The Huffington Post's The Blog.
Under the Higher Education Act of 1965, financial aid administrators have the authority to make Professional Judgment (PJ) adjustments for students who have special circumstances. We're curious... what is the PJ adjustment request related to cost of attendance (COA) your office receives most frequently? Please take a second to complete this poll to let us know what type of request you get most often. Once you've submitted your answer you'll be able to see how your office compares to that of your peers. Take the poll now!
"Is it really a skills gap that’s preventing college graduates from getting jobs, or is it a policy gap in how higher-ed institutions are governed and funded?" eCampus News reports.
"The United States set out 40 years ago to ensure that people who qualified academically for higher education would not be turned away for financial reasons and would have access to college degrees that allowed them to move up on the social ladder," Brent Staples writes in a blog post for The New York Times' Taking Note.
At least one or more student loan servicers between March and June 2014 engaged in illegal actions that ranged from not providing accurate tax deduction information to borrowers to making illegal debt collection calls, according to a new report from the Consumer Financial Protection Bureau (CFPB).
"The Massachusetts Legislature should pass a higher education borrowing bill to meet $4.2 billion in deferred maintenance needs, add $95 million a year for five years to public higher education institutions' coffers, and boost student financial assistance by $210 million, a state higher education commission said in its report Tuesday," The Lowell Sun reports.
"Yes, the student-loan burden is hurting millennials. But talk of a 'lost generation' is overblown," MarketWatch reports.
"The growing presence and influence of for-profit higher education internationally is worrisome and seems to be attracting less attention that it deserves," Liz Reisberg writes in an opinion piece for Inside Higher Ed.
"Donna Aguilar's parents, who couldn't afford to go to college, always encouraged her to make a better life for herself. So four years ago, Aguilar left her home in Los Angeles to attend Kalamazoo College. She will graduate next year with a biology degree," The Detroit News reports.