Document:

Inside Higher Education, 6/29/12

Summary:

California's budget-related decision to reduce spending on the generous Cal Grant program will hit for-profit career schools the hardest. The "budget plan requires colleges to have a six-year graduation rate of at least 30 percent and a maximum three-year cohort default rate on students loans of 15.5 percent." Community colleges are exempt from these requirments because their students do not rely as heavily on federal loans.

Posted
AuthorKeith Blakeman

Document:

The White House, June 2012

Summary:

In a meeting today, university leaders met with members of the administration including Education Secretary Arne Duncan to "commit to providing key financial information to all of their incoming students starting next year." As part of this commitment, the Consumer Financial Protection Bureau is seeking public comment on a model financial aid award letter.

Posted
AuthorKeith Blakeman
CategoriesCost & Debt

Document:

Inside Higher Ed, 5/3/12

Summary:

As many in higher education applaud recent administration and political attention to college access and affordability, the risk remains that this attention will shift from the federal financial aid system to rising tuition.

Posted
AuthorKeith Blakeman
CategoriesCost & Debt