U.S. Must Face Lawsuit Over Beauty School Student Loans | Reuters
A U.S. appeals court in New York revived a lawsuit seeking to stop the government from collecting on loans made to students of a nationwide beauty school chain, since it knew the now-defunct company routinely falsified student eligibility for those loans.
This For-Profit College Failed, but its Students are Left with the Wreckage | The Washington Post
Last week, one of the country’s biggest career college chains completed its collapse. Corinthian Colleges once ran 107 campuses of Everest Institute, WyoTech and Heald Colleges that served more than 100,000 students.
A Little-Known Student Loan Protection Remains Mired In Mystery | Buzzfeed
A group of Democratic senators identified a clause in federal student loan contracts that could lead to billions in debt being forgiven. But nobody, including the Education Department, knows how the clause works in practice.
For-Profit Colleges Face Big Questions, Regulations, Lawsuits In Mass. | WBUR
Right now in Massachusetts, for-profit colleges are facing big questions, new regulations and lawsuits. The state attorney general is investigating about 12 of them — amid charges of low graduation rates and deceptive sales tactics that leave too many students mired in debt.
Parents Poised to Gain Easier Access to College Loans | Wall Street Journal
The Obama administration is moving to ease access to student loans for parents with damaged credit, a policy reversal that could saddle poor families with piles of debt but also boost college enrollment.
Parents Poised to Gain Easier Access to College Loans | The Wall Street Journal
Amid Enrollment Pinch, Tighter Standards Put on Borrowing Program in 2011 in Line to Be Loosened. The Obama administration is moving to ease access to student loans for parents with damaged credit, a policy reversal that could saddle poor families with piles of debt but also boost college enrollment.
Obama to Lighten Up On PLUS Loan Credit Requirements | The Street
NEW YORK (MainStreet) Federal student PLUS loans have become the target for criticism from both consumer advocates and their conservative critics. The quick study would be this: they’re too easy to get and too difficult to get rid of.
Coakley sues for-profit school, alleging deceptive practices led to few jobs, high student debt | The Boston Globe
Attorney General Martha Coakley filed suit Thursday against a national chain of for-profit colleges alleging they used aggressive and deceptive marketing and loan tactics to increase enrollments and boost profits.
Program Integrity Negotiated Rulemaking Session 2, Day 3 | New America
Today is the third day of the second negotiated rulemaking session around Program Integrity at the U.S. Department of Education offices on K Street. Negotiators met for from Wednesday through Friday.
Negotiators Tussle Over Proposed Rule to Compel State Scrutiny of Online Ed | The Chronicle of Higher Education
Colleges pushed back on Wednesday against the U.S. Education Department’s efforts to expand state oversight of online education, calling the agency’s proposed “state authorization” rule a “bureaucratic nightmare.”