Tag: federal student aid

Economics&Strategies, Education Economics

Education Department Inks New Contracts With Loan Servicers

April 26, 2023

Via: Inside Higher Ed

The Office of Federal Student Aid awarded new contracts to five loan servicers—a key milestone in the Education Department’s years-long effort to modernize its student loan system. The department is planning to launch the first phase of the modernization next […]

Economics&Strategies, Education Economics

Education Department cuts off Florida for-profit college’s access to federal student aid

April 11, 2023

Via: Higher Ed Dive

Denying Florida Career College student aid represents one of the most significant enforcement actions the Office of Federal Student Aid, or FSA, has ever taken. It matches the Biden administration’s stated goals of holding poorly performing colleges — namely for-profits […]


Bill Would Limit U.S. Aid to Foreign Medical Schools

September 8, 2022

Via: Inside Higher Ed

Senator Dick Durbin of Illinois has introduced a bill to limit U.S. aid to foreign medical colleges. He said that some overseas medical schools are exempt from meeting the minimum standards to which other foreign medical schools are held: that […]


U.S. Education Department Investigating College Bribery Scheme

March 27, 2019

Via: Education Week

Eight universities embroiled in a massive college admission cheating scheme are now being investigated by the U.S. Education Department. Letters sent to the schools Monday and obtained by The Associated Press say the department is conducting a “preliminary investigation” to […]


Education Dept. to Repeal ‘Gainful’ Rules

August 10, 2018

Via: Inside Higher Ed

The Department of Education plans to repeal the Obama administration’s gainful employment rule, it announced Friday. The rule sought to hold all career education and certificate programs — the vast majority at for-profit institutions — ccountable for producing graduates with […]