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Grand Canyon University Fined $37.7M for ‘Lies’ to Students
The university, which has been locked in a years-long battle with the Education Department, vowed to fight back.
Student Loan Errors Prompt $7.2M Penalty
The Education Department is punishing one of its largest contractors after a billing error led thousands to miss their student loan payments this month.
Biden Administration Details Plan for Broader Debt Relief
The draft proposal offers relief to borrowers who fall into certain categories, including those whose balances exceed the amount they initially borrowed.
Survey: Some Colleges See Increase in Financial Aid Appeals
Colleges are seeing a leveling off in the number of requests from students and families to adjust their financial aid...
Federal Government Investigating Student Loan Servicers
The Consumer Financial Protection Bureau is investigating the companies that manage federal student loans, The Wall Street Journal reported Friday...
List: 23 People Blocked From Federal Financial Aid System
College administrators and university employees convicted of fraud are among the 23 people currently barred from participating in federal financial...
Why Puerto Rican For-Profits Are Exempt From New Gainful Rule
Nearly a third of college students in Puerto Rico attend a for-profit institution—but they won’t get the benefit of federal accountability measures.
Overhaul of Financial Aid Formula Will Boost Pell Grant Eligibility
A new report by the State Higher Education Executive Officers Association estimates nearly 220,000 more students will qualify under the pending new federal aid formula.