"By the year 2020, nearly two-thirds of U.S. job openings will require postsecondary education, according to workplace projections by Georgetown University’s Center on Education and the Workforce," according to the Center for American Progress.
"A third of the more than 112,000 students who have received federal Teach Grants have had their grants changed to loans, according to a new report by the Government Accountability Office," The Chronicle of Higher Education reports. NASFAA President Justin Draeger "said the finding of 'so many erroneous conversions and eligibility certification issues' was 'alarming.'"
"Senators on Thursday approved a measure that backs year-round Pell grants for college students," The Hill's Floor Action reports.
"Critics of the President Obama's Student Aid Bill of Rights, introduced earlier this month, have raised questions about its vague objectives on student loans," MainStreet reports.
"When it came time to apply for college in the fall of 1988, my parents and I didn’t know the first thing about the financial aid process. But my mother, a veteran personal shopper who has always had a knack for figuring out just who to call to solve consumer mysteries of all sorts, knew someone who knew someone," Ron Lieber writes in The New York Times.
"Legislators in two states are trying to repeal laws that let authorities revoke driver’s licenses or professional licenses when people fall severely behind on their student loan payments," Bloomberg reports.
"Senate Republicans on Wednesday blocked an effort by Sen. Elizabeth Warren (D-Mass.) to attach an amendment aimed at lowering student loan rates to the budget," The Hill's Floor Action reports.
"In the business world, investors carefully weed through proposals to find opportunities they believe provide the most room for growth and offer the greatest benefit for their organizations," Dr. Robert L. Breuder, president of the College of DuPage, writes in The Huffington Post's The Blog.
“What is the Price of College?” a new report from the Department of Education’s (ED) National Center for Education Statistics (NCES), is the latest proof that college sticker prices do not equal the bills most students will ultimately receive. Read on for a few important figures from the study.
"State officials are working on a plan to offer interest-free loans to students who study science or technology at a Maine college and go on to work in a related job in the state," the Portland Press Herald reports.
"Reps. Ryan Zinke (R-Mont.) and Ruben Gallego (D-Ariz.), both freshman lawmakers and war veterans, teamed up to introduce a bill Tuesday that seeks to ensure disabled veterans and families of deceased veterans are not burdened by taxes on discharged loans," The Hill reports.
"Twenty-five miles from Montgomery, Ala., in the middle of the tough-on-crime, fiscally conservative Deep South, sits an unusual place of learning," Inside Higher Ed reports.
Despite being one year away from college, many high school juniors surveyed did not know about the Free Application for Federal Student Aid (FAFSA) or if they would qualify for financial aid, according to a new report from the National Association for College Admission Counseling (NACAC).
"The amount students are borrowing to pay for their four-year college degrees is rising across all income levels, increasing their debt burden before they have even landed a job," MainStreet reports.
"The U.S. Department of Education is so concerned about the risk that dozens of colleges pose to students and taxpayers that it has curtailed access to federal money at those institutions -- but it won’t say which ones," Inside Higher Ed reports.