"Affordability is the aim of countless proposed higher-education policies. The question is, affordability for whom?" The Chronicle of Higher Education reports.
"It's one of the most cherished myths in America: The self-made man — or woman — who puts themselves on the road to success by working their way through college," the PennLive Editorial Board writes.
The Public Service Loan Forgiveness (PSLF) Program should continue to be available to student loan borrowers with some modifications to improve and strengthen the program, NASFAA’s PSLF Task Force says in its final report
. The report and recommendations within will be utilized in NASFAA’s reauthorization efforts. Visit NASFAA’s Higher Education Act Reauthorization web center
to find in-depth analyses from NASFAA staff on key proposals set forth by the U.S. Senate and U.S. House of Representatives.
"The action came after auditors found the for-profit college had violated a decades-old rule to prevent the improper targeting of veterans. The state order covers four undergraduate programs and three master’s programs, including those in management, Web development and criminology," according to The Center for Investigative Reporting.
"American families are relying more on their income and savings—and less on loans—to pay for college, according to an annual study by education lender Sallie Mae, formally known as SLM Corp," The Wall Street Journal reports.
"Thanks to a quirk in federal law, only a sliver of students can get their debt forgiven when owed to a school that shuts down," according to Bloomberg Businessweek.
"Senators Ed Markey and Orrin Hatch on Wednesday introduced changes to the Family Educational Rights and Privacy Act, or FERPA, which would require institutions to have policies in place for protecting student data or risk losing federal funding," Inside Higher Ed reports.
"City College of San Francisco this week applied to have its accreditation status restored, a solution that could buy the college two more years to work on fixing problems the Accrediting Commission for Community and Junior Colleges has identified," Inside Higher Ed reports.
"Despite the windowless, bunker-like atmosphere inside the Erie conference room of the Sheraton in downtown Chicago, Galen Graber has to be impressed by his audience: a swath of the 1,500 top admissions and financial aid officials from 635 different schools who have gathered to set policies that determine which kids get into which college and how much money they’ll receive," Forbes reports.
"While the public sector has attempted to confront student debt, it has not sufficiently engaged the private sector to address these issues. Companies should offer their employees assistance in loan repayment — in addition to any college tuition assistance program," Anwer Hasan, chairman of the Maryland Higher Education Commission, writes for The Baltimore Sun.
NASFAA's "Public Service Loan Forgiveness Task Force offers several policy recommendations for improving the loan-forgiveness program," The Chronicle of Higher Education's The Ticker reports.
"More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute," the Associated Press reports.
"Pennsylvania Higher Education Assistance Agency is encouraging students and families to watch out for scams promising a State Grant award or offering assistance in completing applications in exchange for a fee," Public Opinion reports.
"The number of graduate and postgraduate students ages 50 to 64 has been climbing steadily, from 625,000 in 2007 to as many as 750,000 in 2011 — a 20 percent increase, according to the National Center for Education Statistics," AARP The Magazine reports. "For most types of federal financial aid, you need to be enrolled at least half time in a degree or academic program. 'You can't just go back and enroll in continuing education or take one class at a time,' says Karen McCarthy, senior policy analyst with [NASFAA]."