The Federal Pell Grant Program provides need-based grants to low-income students to help pay for college, but these students could soon have a more difficult time obtaining the financial assistance as a new legislative measure aims to cut funding for the program. [More]
Education Department
Dozens Of Organizations Come Out In Support Of Gainful Employment, Borrower Defense Rules
A week after two separate lawsuits were filed by 19 state attorneys general and a group representing students accusing Education Secretary Betsy DeVos of breaking the law by delaying protections for student loan borrowers, a coalition of more than 50 consumer groups have stepped forward to join the opposition against a “reset” of regulations put in place to protect students at for-profit colleges. [More]
Betsy DeVos To Put $1.3 Trillion Student Aid Office In Hands Of Exec From For-Profit Student Loan Company
The top official at the federal Office of Financial Aid recently resigned after butting heads with new Education Secretary Betsy DeVos and her plan to make sweeping changes to federal student loan programs. Now DeVos has announced a replacement who is more likely to follow her lead: Dr. A. Wayne Johnson, the CEO of a private, for-profit student loan company. [More]
DeVry University Accused Of Deceptive Advertising & Misleading Students On Job Prospects
Federal regulators continued a crackdown on allegedly unscrupulous for-profit college companies Wednesday, filing a lawsuit against DeVry University. The popular chain of schools stands accused of deceiving prospective students about their employment potential after graduation. [More]