BestColleges

AUGUST 15, 2023

President Joe Biden plans to enact federal student loan debt forgiveness through the not-well-known process of negotiated rulemaking. The Department of Education (ED) will soon gather higher education stakeholders to discuss potential regulatory changes that may grant federal student loan forgiveness to borrowers.

Loans 52

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BestColleges

DECEMBER 13, 2023

The Department of Education met one final time with stakeholders negotiating a potential student loan debt forgiveness program. The Department of Education (ED) met with higher education stakeholders one final time on Tuesday to vote on the department’s proposed debt forgiveness plan in a process known as negotiated rulemaking.

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BestColleges

OCTOBER 5, 2023

The Biden administration revealed Wednesday that fixes to existing loan forgiveness options resulted in $9.2 billion in loan discharges. The Department of Education has made a concerted effort to address shortcomings in student loan repayment plans. The Biden administration on Wednesday announced another $9.2

Loans 52

Loans Higher Education Education Education 52

BestColleges

JUNE 23, 2023

The most significant proposal would cap the amount of federal student loans someone can borrow for graduate school. A coalition of five Republican senators put forth the Lowering Education Costs and Debt Act on June 14, which is actually a bundle of five proposals that would impact higher education. higher education.

Loans 52

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BestColleges

JULY 3, 2023

The Supreme Court rules against Biden's student loan debt forgiveness plan in a 6-3 decision. Less than one-third (32%) said they trusted the Supreme Court to make the right decision on loan forgiveness. Overall, 65% of students agreed that they supported some form of large-scale student loan forgiveness. They should do so ASAP.

Loans 52

Loans Government Grants Higher Education 52

BestColleges

APRIL 4, 2023

The federal government currently charges a 1% origination fee on federal student loans. Student Loan Tax Elimination Act co-sponsors include four Democrats, two Republicans, and one Independent. Lawmakers may soon eliminate an "outdated" fee that skims 1% off the top of all federal student loans. A bipartisan group of U.S.

Loans 52

Loans Government Financial Aid ACT 52

BestColleges

FEBRUARY 23, 2024

.” The plan would offer debt relief to borrowers with an 80% chance or higher to default on their loans soon. Higher education stakeholders agreed to greenlight the proposal despite some points of disagreement. A borrower’s federal student loans enter default after nine months of continual missed payments.

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Loans Higher Education Government Grants 128

BestColleges

SEPTEMBER 28, 2023

That means federal financial aid — including federal student loans — has already been disbursed to students. Once that money is handed out, the federal government's role in funding higher education is largely satisfied. The impact of a shutdown on higher education depends on a variety of circumstances.

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Admissions.Blog

SEPTEMBER 26, 2023

Students with significant financial need may receive need-based aid in the form of grants, scholarships, work-study programs, and subsidized loans. It aims to make higher education accessible to those with limited means. Grants and scholarships do not need to be repaid, making them a form of “gift aid.”

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BestColleges

APRIL 21, 2023

House Republicans proposed a bill to expand the federal debt ceiling at the expense of one-time student loan debt forgiveness. Republicans are holding student loan debt forgiveness hostage in negotiations to raise the federal debt ceiling. Until then, the pause on federal student loan payments continues. Supreme Court.

Loans 52

Loans ACT Higher Education Government 52

BestColleges

MARCH 7, 2023

Most federal student loan borrowers have not had to make payments on their debt since March 2020. SoFi Bank alleges the prolonged pause has cost the company between $150 and $200 million in profits A major national bank is seeking to end the pause on federal student loan payments.

Loans 52

Loans ACT Higher Education In-State 52

Admitted

OCTOBER 10, 2023

Financial aid discussions have centered on simplifying FAFSA and increasing federal Pell Grants – all important – but federal student aid policies are only one funding source for families trying to determine how to pay for college. Oftentimes low-income students rely on loans they are stuck paying back over many years, even decades.

Financial Aid 118

Financial Aid Grants Loans Tuition 118

BestColleges

APRIL 8, 2024

President Joe Biden's "Plan B" student loan debt forgiveness program will reportedly impact as many as 30 million borrowers. Biden announced Monday that he is moving forward with a new — albeit more limited — plan to wipe federal student loan debt for struggling borrowers. This comes after the U.S.

Loans 98

Loans Higher Education ACT Enrollment 98

BestColleges

AUGUST 14, 2023

Ronald Reagan cut higher education funding and raised tuition. Once considered a public good, higher education became seen nationwide as a private commodity. The creation of Sallie Mae helped promote bank-issued student loans backed by government assurance. trillion in student loans.

Loans 98

Loans Government Tuition Higher Education 98

BestColleges

FEBRUARY 23, 2023

President Biden last August proposed a highly anticipated plan to erase millions in student loan debt. Millions of federal student loan borrowers continue to wait patiently — sometimes impatiently — for promised loan forgiveness. Supreme Court agreed to hear the case regarding the plan in late February.

Loans 52

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BestColleges

JANUARY 30, 2024

Two prominent Republican lawmakers requested an investigation into how the Department of Education (ED) launched the new Free Application for Federal Student Aid (FAFSA). higher education. Bill Cassidy of Louisiana and U.S. This investigation comes as Republican lawmakers are looking to push their own vision for U.S.

Financial Aid 98

Financial Aid Government Loans Policies 98

BestColleges

MAY 9, 2024

The state has seen success in FAFSA completion due to early outreach efforts and a new universal FAFSA policy. Michelle Ashcraft, senior associate commissioner and chief program officer of the Indiana Commission for Higher Education , told BestColleges that it took months of continual outreach to reach this point.

Financial Aid 52

Financial Aid Grants Out-of-State Higher Education 52

BestColleges

FEBRUARY 27, 2023

President Biden promised to forgive up to $20,000 per borrower in federal student loan debt. Supreme Court heard arguments on Tuesday that will ultimately decide the future of President Joe Biden’s student loan forgiveness plan. Biden extended the pause on federal student loan payments to July 1. In December, the U.S.

Loans 116

Loans Higher Education Government ACT 116

BestColleges

APRIL 16, 2024

The botched launch of the 2024-25 Free Application for Federal Student Aid (FAFSA) may lead to a precipitous drop in college enrollments for the upcoming school year that could surpass those reported following the COVID-19 pandemic, according to higher education experts and advocates.

Enrollment 96

Enrollment Financial Aid Minor Transfer 96

DC College Counseling

APRIL 2, 2024

In response to the Supreme Court affirmative action ruling last June, Princeton established an ad hoc committee tasked with examining its admissions policies and procedures. Princeton also examined its policy on legacy preference, which they explained operates as a “tie-breaker” between equally qualified applicants.

Loans 59

Loans Financial Aid SAT Policies 59

BestColleges

JUNE 30, 2023

President Biden announced a plan in August 2022 to cancel up to $20,000 in debt for most student loan borrowers. Supreme Court ruled on Friday that President Joe Biden’s plan for student loan debt forgiveness is unconstitutional. The court's majority opinion stated such a debt relief program would need to be approved by Congress.

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Loans ACT Higher Education Government 90

BestColleges

MARCH 26, 2024

This policy change will impact about 350 families. Dartmouth is expanding financial aid, ensuring families making under $125,000 a year pay nothing for their student's education starting next academic year. Dartmouth said the new policy will benefit about 350 families of currently enrolled students.

Financial Aid 52

Financial Aid Ivy League Tuition Scholarships 52

BestColleges

MARCH 22, 2024

His plan includes eliminating loan origination fees that can cost students thousands of dollars over the lifetime of the loan. President Joe Biden wants to take hidden junk fees out of higher education and is taking action to do so. senators introduced the Student Loan Tax Elimination Act in March 2023.

Loans 52

Loans Financial Aid Higher Education Out-of-State 52

College Essay Guy

MARCH 21, 2024

That number you just read is the average debt balance among graduate students with federal student loans in 2023, according to the Education Data Initiative. Is a grad school education worth that much debt? Here’s some good news: you may not need to take out any student loans to go to graduate school.

Loans 52

Loans Financial Aid Grants Tuition 52

BestColleges

SEPTEMBER 29, 2023

The College Cost Transparency Initiative, a task force composed of a broad coalition of higher education associations, announced Sept. 25 that more than 360 colleges and universities committed to a set of principles and standards for transparency, clarity, accessibility, and the use of plain language in student financial aid offers.

Financial Aid 98

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BestColleges

JANUARY 11, 2023

She has been an outspoken critic of many of President Joe Biden’s actions directed at student loan debt. Foxx is likely to launch investigations into the Department of Education. House of Representatives. Republican Rep. .”

Education 52

Education Education Loans Government 52

BestColleges

DECEMBER 23, 2022

Senate put forth its proposal for a 2023 fiscal year spending plan, which includes increased funding for many higher education programs. Resumption of federal student loan payments in July. Planned overhaul of federal student loan servicing agreements. Ongoing debt cancellation saga and possible implementation.

Financial Aid 52

Financial Aid Loans Higher Education Policies 52

BestColleges

DECEMBER 1, 2023

Southern New Hampshire University students who received basic needs assistance from the school saw higher retention rates. SNHU distributed a total of $107 million in Higher Education Emergency Relief Fund grants to 51,257 qualifying learners to help with basic needs during the pandemic.

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BestColleges

DECEMBER 11, 2023

This lack of information has made it difficult for negotiators to work with the department to develop a federal student loan debt forgiveness program. ” Sherrie Gammage, the representative for student loan borrowers who attended a four-year institution, asked on Monday. Today and tomorrow (Dec.

Loans 64

Loans Higher Education Education Education 64

BestColleges

NOVEMBER 1, 2023

The Department of Education is crafting a new plan to offer widespread federal student loan debt forgiveness. Higher education stakeholders will debate the merits of this latest proposal in early November. Higher education stakeholders will debate the merits of this latest proposal in early November.

Loans 52

Loans Higher Education Education Education 52

EAB

JANUARY 10, 2023

The Wonkhe Show : Wonkhe, based in the UK, is self-described as the home of higher education debate. In addition to their blogs, email briefings, and events, The Wonkhe Show will keep you up to date about issues critical to higher education in the UK.

Financial Aid 75

Financial Aid Loans Higher Education Policies 75

BestColleges

JUNE 1, 2023

Education has been a top issue for Scott throughout his political career, and he has been critical of President Joe Biden's education policies. He called Biden's plan to forgive student loan debt a " politically-motivated giveaway."

Bachelor's Degree 52

Bachelor's Degree Loans Minor Policies 52

BestColleges

JUNE 5, 2023

Ned Lamont, bans higher education institutions from: Refusing to give a transcript to a student's "employer, prospective employer, or a branch of the U.S. Ned Lamont, bans higher education institutions from: Refusing to give a transcript to a student's "employer, prospective employer, or a branch of the U.S.

Transcripts 52

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BestColleges

AUGUST 2, 2023

Federal Student Aid would receive more funds to help bolster the office tasked with resuming student loan payments soon. The Democrats' proposal includes an overall cut to higher education programs. Senate Democrats proposed a modest boost to some higher education programs in the party's initial budget proposal.

Grants 52

Grants Loans Higher Education Government 52

BestColleges

NOVEMBER 8, 2023

Higher education stakeholders proposed various definitions to the Department of Education. President Joe Biden's administration wants to provide student loan debt forgiveness to borrowers "experiencing hardship," but it is having difficulty deciding how to identify these borrowers.

Loans 52

Loans Grants Higher Education Out-of-State 52

BestColleges

MAY 17, 2023

Education Secretary Miguel Cardona appeared Tuesday before the House Committee on Education and the Workforce. The hearing was meant to question the secretary on the Biden administration's funding proposal for the Department of Education. Transgender student participation in sports was also a hot topic throughout the hearing.

Community College 52

Community College Community College Education Education 52

BestColleges

JANUARY 10, 2024

Economic and workforce development is the top priority for state higher education leaders in 2024, according to the State Higher Education Executive Officers Association. State higher education leaders are also focused on student success and college affordability. 9 on their overall priority list.

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Financial Aid Higher Education Out-of-State Government 52