Blog Archives

More For-Profit Institutions Offering Career and Technical Credentials

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The number of non-four-year institutions offering career and technical education increased by about 3 percent, to 3,833, from 1997 to 2006, says a report released today by the U.S. Department of Education.

Titled “Postsecondary Career/Technical Education: Changes in the Number of Offering Institutions and Awarded Credentials From 1997 to 2006,” the report …

Can Higher Education Regulate Itself?

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Colleges and accrediting agencies dodged a bullet this summer as Congress, enacting legislation to renew the Higher Education Act, shielded higher education from the U.S. Education Department’s efforts to step up federal regulation of how accreditors and, by extension, colleges ensure that students are learning. The legislation barred the education secretary from issuing regulations to …

Sallie Mae Asks for a Chance to Bid

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-Opinion– Your story "Student Loans Caught in Dispute" (U.S. News, Sept. 17) overstates an issue between Sallie Mae and the Education Department. You correctly report that we protested the department’s sole sourcing of a loan-servicing contract, a contract we would like at least the opportunity to bid. That protest is the first step in a process we will work through with the appropriate parties at the department and other federal agencies. We haven’t even begun those discussions, yet your newspaper alleges a disagreement so consequential as to threaten loan delivery.

Feds Compelled to up Pell Grant Program

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As the economy worsens, increasing numbers of college students are applying for federal financial aid — and partly as a result, the federal Pell Grants program may need up to $6 billion in additional funds next year, Bush administration officials warned Congress last week.

The increased demand for Pell Grants is likely a function of older, …

Controversy Not Hurting Enrollment at Online School

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The controversy over Meritus University opening in Fredericton has faded and officials at the online school don’t expect it to affect enrolment as they gear up to begin offering courses this month.

"We’ve had more than 5,000 inquiries from potential students already and many of those are in various stages of the application process," said Meritus …

Obama Calls for Ed-tech Investment

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Business leaders are intensifying their call for schools to retool their curriculum. A new report makes a strong economic case for why students must learn key 21st-century skills. And Democratic presidential candidate Barack Obama has highlighted an education plan that addresses the need to meet rising global challenges.

As of press time, notably absent in these …

Default Rates, Maligned, Rise to 5.2%

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Nobody really likes the federal government’s method of measuring and reporting student loan cohort default rates. Some members of Congress and advocates for students, arguing that the rates are no longer a realistic assessment of how individual institutions (and lenders) are faring in keeping student borrowers on track to repayment, want to extend to three …

Dispute Clouds Revival of Student-Loan Market

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The U.S. Department of Education and SLM Corp., the mammoth student lender known as Sallie Mae, are embroiled in a contract dispute that could delay efforts to shore up the student-loan market.

The hostilities revolve around who will be paid to process student loans that the Education Department buys from private lenders. After getting congressional approval …

Education Takes a Back Seat

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Every year, Penn students and their families face rising tuition costs and high-interest loans.

But don’t expect either presidential candidate to make those issues a campaign focus anytime soon.

Both Republican presidential nominee Sen. John McCain and Democratic nominee Sen. Barack Obama have addressed higher education reforms in the context of the broader economy, but rarely bring …

Student Loan Program Better Shape Than Many

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While the contracting credit market has taken a toll on the student loan industry, state and college officials told lawmakers Monday New Jersey’s loan program remains in better health than those in other states.

A turbulent market over the past year has made access to capital to fund student loans "entirely too difficult, if not impossible," …

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