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Class Action Suit Filed Against Top Private Colleges
Five students say leading colleges and universities are acting as an illegal “cartel” in violation of antitrust law. One of the students’ lawyers is a former prosecutor in the Varsity Blues case.
State Financial Aid Totals Climb
Two-thirds of all undergraduate, need-based grant aid awarded during the 2019–20 academic year was concentrated in eight states. California handed out $2.4 billion, the most of any state.
Perceptions of Affordability
High school juniors who believe they can’t afford higher education are about 20 percentage points less likely to attend college within the first three years after high school than peers who don’t think affordability is a barrier.
The Dark Side of Lottery-Funded Scholarships
More and more states are creating lottery-funded scholarship programs, but they disproportionately hurt the people they’re often intended to help.
Relieving the Verification Burden
FAFSA verification can be a burden for students and institutions alike. College access advisers and financial aid administrators say data sharing and changing how the Education Department selects students for verification could provide relief.
Financial Aid Offices Face Staffing Shortages
The shortage of financial aid employees is especially worrisome given that the Department of Education is now planning to beef up its enforcement of federal student aid program rules.
Tuition Increases Remain at a Historic Low
As tuition rises slowly, the amount of federal loans students and parents take on to finance higher education declines, the College Board’s annual report shows.
The Struggles of Income-Driven Repayment
A new report outlines the challenges Black borrowers face with income-driven repayment plans, while another offers a solution -- all while the Department of Education is considering new possibilities for the plans.