Why Did The CARES Act Give More Money To Hair Schools Than To A Community College? | NBC News
After $14 billion was set aside for higher education in the Coronavirus Aid, Relief and Economic Security Act, Houston Community College and the Paul Mitchell Schools both got financial relief. The Houston college, a public institution with nearly 60,000 students, received $28.3 million. The for-profit hair and cosmetology schools received $30.5 million, despite serving only 20,000 students.
Students Call College That Got Millions In Coronavirus Relief ‘A Sham’ | NPR
A for-profit college received millions of dollars from the federal government to help low-income students whose lives have been upended by the coronavirus outbreak, but that same school, Florida Career College (FCC), is also accused of defrauding students.
Live Updates: Latest News on Coronavirus and Higher Education | Inside Higher Ed
Top Democratic lawmakers said they will propose forgiving the loans of Corinthian and ITT Tech student loan borrowers, who have claimed they were misled by their institutions, as part of the next coronavirus relief package.
DeVos Backs Down, Agrees To Process Student Loan Forgiveness Applications | Forbes
Education Department to Resolve Borrower-Defense Case | Inside Higher Ed
DeVos Reaches Settlement Over Stalled Student Debt Relief Claims | Washington Post
DeVos Settles Suit Over Debt Relief for Defrauded Students | Courthouse News Service
DeVos Reaches Settlement in Lawsuit Over Loan Relief Program | Associated Press
Fine Print of Stimulus Bill Contains Special Deals for Industries | New York Times
Restaurants and retailers will get a tweak to federal tax law they have been seeking for more than a year that could save them $15 billion. Community banks are being granted their long-held wish of being freed to reduce the amount of capital they have to hold in reserve. And for-profit colleges will be able to keep federal loan money from students who drop out because of the coronavirus.