Student financial aid

September 07, 2018 - 3:44 pm
WASHINGTON (AP) — Preliminary data obtained by The Associated Press show the Trump administration is granting only partial loan forgiveness to the vast majority of students it approves for help because of fraud by for-profit colleges. The data demonstrate the impact of Education Secretary Betsy...
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FILE- In this Nov. 9, 2017, file photo people walk on the Penn State University main campus in State College, Pa. Your college major could make a big difference in lifetime earnings: The disparity between the lowest- and highest-paying majors is $3.4 million, according to a 2015 report by the Georgetown University Center on Education and the Workforce. (AP Photo/Gene J. Puskar, File)
September 06, 2018 - 10:16 am
Dan Brandt still has $32,000 in student loan debt, after earning his bachelor's degree in marketing, but he's not worried about paying it back. That's because Brandt chose a major and a career with that debt in mind. "Money is a big deal for a 17-year-old kid that has nothing," says Brandt, who...
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A sign stands at the construction site for the Consumer Financial Protection Bureau's new headquarters in Washington, Monday, Aug. 27, 2018. Seth Frotman, the nation's top government official overseeing the $1.5 trillion student loan market resigned on Monday, citing what he says is the White House's open hostility toward protecting student loan borrowers. Frotman is the latest high-level departure from the CFPB since Mick Mulvaney took over in late November. (AP Photo/Andrew Harnik)
August 27, 2018 - 1:05 pm
NEW YORK (AP) — The government's top official overseeing the $1.5 trillion student loan market resigned in protest on Monday, citing what he says is the White House's open hostility toward protecting the nation's millions of student loan borrowers. Seth Frotman will be stepping down as student loan...
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FILE - In this Sept. 7, 2017, file photo, Education Secretary Betsy DeVos speaks at George Mason University Arlington, Va., campus. Complaints and lawsuits lodged against for-profit colleges are unfolding as DeVos engineers a seismic shift in the regulatory landscape that stands to benefit the multibillion-dollar industry. (AP Photo/Jacquelyn Martin, File)
August 24, 2018 - 7:30 am
WASHINGTON (AP) — A lawsuit against Ashford University describes an admissions office with a cutthroat sales culture more akin to a used-car lot than a place of higher learning, peddling "false promises and faulty information" to lure students eligible for federal financial aid. Sound familiar? The...
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July 25, 2018 - 11:55 am
The Trump administration is proposing new rules that could make it harder for students to get their loans erased in cases of fraud. Education Secretary Betsy DeVos announced the proposal Wednesday after months of negotiations to replace Obama-era rules. Her proposal would allow students to get...
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July 12, 2018 - 6:29 pm
NEW YORK (AP) — The nation's consumer watchdog agency is accusing the Education Department of impeding a lawsuit that could potentially bring financial relief to millions of student loan borrowers. The Consumer Financial Protection Bureau is suing Navient Solutions, alleging one of the nation's...
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FILE - In this April 25, 2018, file photo, the NCAA headquarters is shown in Indianapolis. College athletes will no longer need permission from their coach or school to transfer and receive financial aid from another school. The NCAA Division I Council approved the change Wednesday, June 13, 2018. It takes effect Oct. 15. Standoffs between athletes and coaches over transfers have often led to embarrassing results for schools standing in the way of player who wishes to leave. Last spring at Kansas State, reserve receiver Corey Sutton said he was blocked him from transferring to 35 schools by coach Bill Snyder before the school finally relented after public pressure. (AP Photo/Darron Cummings, File)
June 13, 2018 - 1:12 pm
College athletes will no longer need permission from their coach or school to transfer and receive financial aid from another school. The NCAA Division I Council approved the change Wednesday. It takes effect Oct. 15. The long-awaited transfer reform ended up being a narrow change, but should...
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June 07, 2018 - 3:11 pm
WASHINGTON (AP) — Americans increased their borrowing in April at the slowest pace in seven months, dragged by a big slowdown in the category that covers auto and student loans. The Federal Reserve says consumer debt rose $9.3 billion in April after a gain of $12.3 billion in March. It was the...
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FILE - In this Sept. 7, 2017, file photo, Education Secretary Betsy DeVos speaks at George Mason University Arlington, Va., campus. On Friday, May 25, 2018, a federal court ruled that the Education Department violated privacy laws with regard to students defrauded by the Corinthian for-profit college chain. (AP Photo/Jacquelyn Martin, File)
May 26, 2018 - 6:52 pm
WASHINGTON (AP) — A federal court has ruled that the Education Department violated privacy laws with regard to students defrauded by the Corinthian for-profit college chain. In a break with Obama administration policy, Education Secretary Betsy DeVos announced in December that some students cheated...
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