The Education Department is considering only partially forgiving federal loans for students defrauded by for-profit colleges, according to department officials, abandoning the Obama administration’s policy of erasing that debt.
The number of applicants to UM for this fall was an all-time high: 59,886, up 7.9 percent from last year.
New report analyzing mobility data over time takes aim at public universities for using so-called merit aid to attract wealthy students. Universities push back.
Tuition and fees increased by a few percentage points across the board, and aid failed to keep pace, annual College Board report shows.
Campus officials say elimination of program won’t simplify aid system, as proponents claim, but will likely lead many students to take out private loans.
The split between need-based and non-need-based grants remained the same year over year in 2015-16.
Once upon a time, paying for college was a relatively simple task.
With racial discrimination on the rise, students and parents are watching universities’ responses closely, and some say that these concerns could influence decisions of where to attend.
Half of all black students who took out federal student loans defaulted in 12 years, according to two analyses of new federal data on student borrowers.
At four-year colleges, just under half of students who received Pell Grants—federal aid awarded to millions of low income families each year—went on to earn a bachelor’s degree within six years, according to a MONEY analysis of Education Department data released Thursday. That’s compared with 67...