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Millions in federal student loans flowed to Art Institute of Colorado despite being unaccredited, ineligible for aid
A trove of documents released Tuesday by the House Education and Labor Committee shows the Education Department provided $10.7 million in federal loans and grants to students at the Illinois...
Interest rates on federal student loans set to rise for the second year in a row
College students will pay more to borrow money from the federal government this fall as student loan interest rates are set to rise for the second year in a row.
Education Dept. tells student loan companies to ignore state authority
The U.S. Department of Education issued guidance Friday informing state regulators to back off the companies managing its $1.3 trillion portfolio of student loans, arguing that only the federal government...
Trump and DeVos call for massive cuts to college student aid programs
The Trump administration is seeking to slash nearly $4 billion in annual funding for student aid programs, but the two-year budget deal signed into law last week complicates that proposal.
Education Department awards debt collection contract to company with ties to Betsy DeVos
A company that once had financial ties to Education Secretary Betsy DeVos was one of two firms selected Thursday by the U.S. Department of Education to help the agency collect...
DeVos hit with two lawsuits in one day over backlog of student debt relief claims
Pressure is mounting on Education Secretary Betsy DeVos to take action on thousands of federal student loan forgiveness applications languishing at the U.S. Department of Education.
Pressure mounts for Betsy DeVos to address the backlog of 87,000 student debt relief claims
Senate Democrats are urging Education Secretary Betsy DeVos to forgive the federal student loans of borrowers who were defrauded by their colleges, as the number of debt relief claims at...
Top public universities are shutting out poor students, report says
Graduating from a selective college can help low-income students climbthe economic ladder, but many of the nation's top public universities are turning their backs on the group.
The number of people defaulting on federal student loans is rising
The Education Department said Wednesday the share of people not making payments on their federal student loans within three years of leaving college has risen, reversing five years of reported...
Universities hit students with whopping collection fees for unpaid tuition
When Katie Otersen transferred from Northern Virginia Community College to George Mason University last fall, she braced for a jump in price. Tuition and fees would total $11,300, more than...