WHEN STUDENTS GRADUATE or drop out of college, they typically begin repaying the student loans they borrowed to finance their education. But sudden college closings, like ITT Technical Institute’s closing in 2016, leave thousands of students in the lurch, uncertain about the future of their loans.
What happens to student loans after a school closing isn’t just a concern for former ITT Tech students. The list of closed colleges is becoming a lengthy one, including for-profits like Argosy University and Corinthian Colleges. Small private nonprofit colleges continue to struggle – like Hampshire College in Massachusetts, which considered merging with another school to avoid closing – and larger public colleges like the University of Wisconsin system are consolidating.
Student Voices
Biden Admin is also considering excluding grad students from new #IDR plan it is creating. Many on #negreg cmte raised same concerns I just did. Hopefully, ED takes these arguments into consideration before IDR plan is finalized. /6
We urged lawmakers at the #NegReg to reconsider changes to the 90/10 rule that would restrict #Veteran education choices. We were glad to see others, including @AUSNTweets, @EANGUS72, MCF, @ncoausa, and @SOAAorg express similar concerns.
https://veteranseducationproject.org/2022/04/26/vso-transparency-rule-making/
I hope this means the Prison Education Program NPRM is coming out soon. #negreg #PellYes
ED intends to fully implement legislative changes to allow eligible students in college-in-prison programs to access Federal Pell Grants beginning on July 1, 2023. [4/5]
Veterans and Higher Ed | Education Department’s Unholy Alliance with Registered Lobbyists | Why some Federal Agencies Bar Lobbyists from Serving on Committees #negreg https://feehanconsulting.substack.com/p/education-departments-unholy-alliance?r=19j9rp&utm_medium=ios
“The Department (@usedgov) should issue more group discharges in short order to ensure that no defrauded borrower enters repayment on debt that shouldn’t exist in the first place.” #DefendStudents #4profit 3/3 https://www.nclc.org/media-center/advocates-applaud-ed-approval-of-238m-discharge-for-marinello-school-of-beauty-borrowers.html