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Student-Aid Leaders Call For Alternatives To Obama’s College-Rating System

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The departing chair of the National Association of Student Financial Aid Administrators offered his alternative on Monday to President Obama’s forthcoming college-rating system, calling for a system based on "social responsibility." In a session of the association’s annual conference here, Craig Munier, director of financial aid at the University of Nebraska at …

House Republicans Announce Three Higher Ed Act Bills

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House Republicans last week released a package of three bills that kick off their step-by-step approach to rewriting the Higher Education Act. The first bill aims to boost financial counseling for students who take out federal loans or grants. It would also direct the Education Department to develop an online tool that …

Proposals By House Republicans Seek To Ease College-Application Process

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The U.S. House of Representatives Committee on Education and the Workforce announced on Thursday a series of bills intended to reform the college-application process. Outlined in a news release, the proposals tackle the Free Application for Federal Student Aid, the availability of college metrics to families, and students’ financial literacy.

Contrary to the …

Differing Priorities For HEA

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House and Senate leaders this week released vastly different outlines for reauthorizing the Higher Education Act. House Republicans want to consolidate and streamline federal student aid programs and other federal higher education regulations — emphasizing a limited federal role — while Senate Democrats are focused on more accountability measures and increasing college …

Fallen Giant

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The Obama administration now can claim partial credit for the demise of one of the largest for-profit college chains. And both critics and supporters of the sector expect the federal scrutiny to continue.

“I have no reason to be optimistic about an era of constructive collaboration,” said Steve Gunderson, president and CEO of …

Harkin Opens Door To Bankruptcy Option For Student Loans

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A top Senate Democrat is set to unveil legislation that would allow a small portion of Americans’ student debt to be discharged through bankruptcy proceedings, a measure that would likely hit the profits of private lenders. The bankruptcy option is part of a long-awaited bill on federal higher-education policy from Sen. Tom …

Key Areas Of The Senate Democrats’ Bill To Renew The Higher Education Act

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Senate Democrats formally unveiled on Wednesday their plan to reauthorize the Higher Education Act, introducing a 785-page bill that aims to make college more affordable, programs more accountable, and student debt more manageable.

The sweeping measure won’t get far in the Republican-led U.S. House of Representatives, where lawmakers have laid out very different …

Surprising Findings On Two-Year Vs. Four-Year Degrees

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Who earns more, a recent graduate from a flagship state university with a bachelor's degree or one who finishes a two-year program at a little-known community college? The answer isn't so clear. As states for the first time mine graduates' salary data from public colleges, they are finding that paychecks for holders …

Policy Groups Urge Using Tax Credits To Improve College Performance

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Skeptical that Congress will end tuition tax credits they say disproportionately benefit higher- rather than lower-income students, advocates for reform want the tax breaks to at least be used to encourage colleges to raise their graduation rates and reduce borrowing.

Among their other proposals, a consortium of groups pushing for changes in the …

Corinthian Colleges Reaches Short-Term Deal With U.S.

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Corinthian Colleges Inc. said Monday that it had reached a short-term deal with the U.S. to keep operating until the for-profit educator and regulators complete a transition plan. The stopgap measure includes $16 million in federal aid earned through enrollment, which would avert a liquidity shortfall and allow operations to continue. The …

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