Student financial aid

December 17, 2018 - 6:04 am
LONDON (AP) — Britain's Office of National Statistics says it is changing the way it accounts for student loans in a decision that will add 12 billion pounds ($15 billion) to the country's budget deficit. The statistics agency said in a statement Monday that the design of the system means much of...
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Sen. Lamar Alexander listens as Department of Education Secretary Betsy DeVos speaks to students at Sevier County High School, Tuesday, Nov. 13, 2018, in Sevierville, Tenn. The pair spoke about the newly launched myStudentAid mobile application. (Robert Berlin/The Daily Times via AP)
November 27, 2018 - 1:37 pm
WASHINGTON (AP) — Education Secretary Betsy DeVos said Tuesday that ballooning student debt has caused a "crisis in higher education," and that the traditional path to college might not be the best choice for all students. DeVos made the comments in Atlanta at a training conference for the...
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FILE- This April 2, 2014, file photo, shows the headquarters of student loan debt collector Navient Corporation, in Wilmington, Del. One of the nation’s largest student loan servicing companies may have driven tens of thousands of borrowers struggling with their debts into high-cost repayment plans. That’s the finding of a Department of Education audit of practices at Navient Corp., the nation’s third-largest student loan servicing company. (William Bretzger/The News Journal via AP, File)
November 20, 2018 - 2:35 pm
NEW YORK (AP) — One of the nation's largest student loan servicing companies may have driven tens of thousands of borrowers struggling with their debts into higher-cost repayment plans. That's the finding of a Department of Education audit of practices at Navient Corp., the nation's third-largest...
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FILE - in this June 5, 2018, file photo, Education Secretary Betsy DeVos pauses as she testifies on Capitol Hill in Washington. 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 DeVos’ new policy of tiered relief, in which students swindled by for-profit schools are compensated based on their earnings after the program. (AP Photo/Carolyn Kaster, File)
September 07, 2018 - 11:59 pm
WASHINGTON (AP) — The Trump administration is granting only partial loan forgiveness to the vast majority of students approved for help because of fraud by for-profit colleges, according to preliminary Education Department data obtained by The Associated Press. The figures demonstrate the impact of...
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September 07, 2018 - 2:44 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 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 - 4:50 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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