Category: Education Economics

January 13, 2022

The week, Gov. Gavin Newsom built on last year’s record state budget with a 2022-23 spending plan that tops it. Schools from transitional kindergarten to high school and community colleges would receive $102 billion plus $16 billion in a windfall […]

January 3, 2022

When a student leaves college prematurely without paying the balance on their account, the institution typically withholds the student’s transcript, resulting in stranded credits that can make it difficult for the student to resume their studies later or transfer to […]

December 23, 2021

The Department of Education on Wednesday announced a 90-day extension of the pause on student loan repayment, interest and collections. The pause had been scheduled to end on Feb. 1, 2022, and will now extend through May 1, 2022. The […]

December 17, 2021

Inflation for U.S. colleges and universities rose 2.7 percent in fiscal year 2021, which ended in June, according to Commonfund’s latest Higher Education Price Index (HEPI). The increase is a jump from last year’s 1.9 percent bump but falls in […]

November 17, 2021

The American Rescue Plan Act of March 2021 expanded the Child Tax Credit for tax year 2021, resulting in more families receiving an increased monthly payment for each child they have, ranging from $250 to $300 a month, based on […]

November 8, 2021

A portion of college students is picked annually for aid verification, which is one of the Education Department’s methods of ensuring the integrity of the federal student loan system. The share of high school seniors selected for verification in recent […]

October 13, 2021

The AFT, AFT President Randi Weingarten and eight individual AFT member plaintiffs have reached a landmark settlement with the U.S. Department of Education in the case Weingarten v. DeVos, and as a result tens of thousands of student loan borrowers […]

October 11, 2021

After cramming most of the Biden agenda into one massive $3.5 trillion “Build Back Better” bill, it looks like Democrats are going to have to settle for a whole lot less—and possibly nothing. Though equipped with the frailest of congressional […]

September 28, 2021

At the same time that Congress is trying to keep the federal government from shutting down at the end of this week, it’s also facing a deadline to keep the United States from defaulting on its loans — a never-before-seen […]

August 25, 2021

When academic administrators get together, almost every conversation turns to the trendlines of decreased enrollments and declining revenue. Reviewing recent survey data, it seems unlikely that the trendlines will change. About 84 percent of Americans say that tuition costs are […]