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Originally established to exclude certain populations of students, legacy admissions provides a significant boost to children of ultrawealthy families who apply to elite institutions. Legacy admissions has an even more corrosive influence: It widens equity gaps in highereducation.
The change has particularly impacted students pursuing careers in public service fields that require advanced degrees but offer modest starting salaries. "We We should be doing everything we can to encourage students to enter these fields, rather than creating additional barriers to highereducation," Chu said in announcing the legislation.
Department of Education announced this week that its Office of Federal Student Aid (FSA) will resume collections on defaulted federal studentloans beginning Monday, May 5, 2025, ending a pause that has been in effect since March 2020. Secretary of Education Linda McMahon in the announcement.
introduced legislation Wednesday that would make public colleges and universities tuition-free for approximately 95% of American students, in what supporters call the most significant highereducation investment in six decades. Jayapal highlighted the legislation's focus on addressing educational inequity. history."
The Relieving Economic Strain to Enhance American Resilience & Competitiveness in HigherEducation & Research (RESEARCHER) Act would require federal research agencies to implement policies addressing financial instability among these early-career scientists, who are crucial to maintaining U.S. and Jerry Moran (R-Kan.)
It’s been an incredibly challenging and chaotic year in studentloan space,” said Persis Yu, deputy executive director and managing counsel at the Student Borrower Protection Center, a nonprofit organization working to eliminate student debt. Department of Education. As of December 2023, 43.2
Technology enables us to break the barriers of time and space to deliver quality instruction directly to students, when and where they prefer. New models are emerging that place students at the center of all we do. We’re rethinking financial aid and studentloans in new and innovative ways.
The American Federation of Teachers (AFT) and other unions filed a federal lawsuit Monday alleging that DOGE staff, including a 19-year-old with a history of leaking information, have been given improper access to millions of Americans' sensitive studentloan data, Social Security numbers, and other private records.
New Mexico's HigherEducation Department has announced that it is accepting applications for a program that will provide up to 100 percent studentloan forgiveness for New Mexico residents who graduated from one of the 23 out-of-state professional and graduate programs. Michelle Lujan Grisham has approved $2.2
Nearly a third of borrowers whose federal studentloans entered repayment in October 2023, following the COVID-19 pandemic extended pause, are past due on the payments, according to a newly released report from the U.S. The above pie chart shows the number of federal studentloan borrowers in repayment by status, as of Jan.
The burden of studentloan debt limits future finances of graduates of historically Black colleges and universities (HBCUs). As such, college education is not fulfilling the promise of being a great equalizer and closing wealth gaps, according to a recent report.
A new National Consumer Law Center (NCLC) report analyzes a Unified Servicing and Data Solution (USDS) contract, set to go live in the spring, and its potential impact on studentloan borrowers’ rights and experiences. Alpha Taylor The U.S.
Department of Education has announced that collections on defaulted federal studentloans will resume on May 5, 2025, ending a pause that began in March 2020 due to the COVID-19 pandemic.
The pay gap compounds financial challenges for women, who were more likely than men to use studentloans for college expenses and expressed less confidence about their ability to repay that debt.
But at the highest levels of power, where decisions about studentloan policy are made, race is barely discussed at all. The focus on “all students” was typical. Eric Felix The tenor of the session was set in the opening statement by U.S.
Federal Student Aid has provided guidance on how borrowers who made federal studentloan payments in 2024 should report this information to the IRS for the upcoming tax year.
Having studentloans is associated with worse health outcomes and practices, according to a new study published in the Journal of American College Health. universities, looking to see whether there was a relationship between studentloan presence and the health of students.
Fortunately, NPSAS goes far beyond illustrating the extent to which students struggle with affordability. Among students with unmet need in 2019-2020 school year: 40% reported taking out studentloans, nearly twice the rate of students without unmet need (21%).
A proposed federal financial aid policy could change the lives of postsecondary students, particularly Black and Latinx students, by allowing them to spend less out-of-pocket for their degrees and prevent the accumulation of student debt, which remains financially crippling for many graduates.
Federal Direct Loans are government-backed financial aid options provided by the U.S. Education Department (ED) to help students afford the costs of highereducation. Federal Protections and Benefits One benefit of Federal loans is the array of protections and benefits that they offer.
In this post, we focus on Subtitle A, Student Eligibility , Subtitle B, Loan Limits , and Subtitle D, Pell Grants. Title III represents a significant overhaul of the studentloan system in a move to improve access, transparency, and accountability in loan programs.
Here's how: Dual enrollment and Grow Your Own programs that recruit aspiring diverse educators while in high school; Paid, year-long clinical residencies that reduce financial barriers to entry and provide real-world experience; Targeted financial supports such as housing stipends, childcare vouchers, and studentloan forgivenessespecially for candidates (..)
“It encompasses things we think are possible to get across the finish line now, but also a broad sweep of things needed over time to make progress as a nation to reduce racial and economic disparities across highereducation,” said Sameer Gadkaree, TICAS president and CEO. Sameer Gadkaree, TICAS president and CEO.
So, if you find you can't afford college without some amount of loans, it’s important to consider how much you borrow because you’ll have to pay it back later, with interest. Think of studentloans as a double-edged sword. Federal StudentLoans Federal studentloans are usually the best place to start when borrowing for college.
And the Know Before You Owe Federal StudentLoan Act would strengthen current loan counseling requirements for higher ed institutions, require loan counseling annually, and allow students to decide exactly how much they would like to borrow.
As CEO of the nonprofit American Association of University Women (AAUW), she serves as a thought leader on issues ranging from the pay gap to equity in STEM to studentloan debt. Blackwell continues nearly two decades of leadership activity at AAUW, shepherding fellowships and grants programs.
It is evident that the low African American male student graduation rates at a predominantly Black institution in the northeastern United States continue to be a concern for highereducation administrators. There are serious inequities among students who graduate from colleges. Not dropout rates.
Reformers have hailed the change as a critical step towards enabling people in prison to experience the myriad benefits of highereducation. But a new report has revealed that an important segment of this population may be largely left out: those who already have studentloans.
But while highereducation experts celebrate the new value of the Pell Grant and how much it can help students in need, many agreed the amount is not enough to combat the rising cost of living and tuition. “We The total studentloan debt reached $1.75 Linda Oubré, president of Whittier College in California.
According to The Institute for College Access & Success (TICAS), about 60% of Delaware college graduates have studentloan debt. That can feel like an overwhelming amount of money, especially when you consider monthly payments once you finish your highereducation.
Tiffane Cochran The student debt report, " Student Debt, COVID-19 Relief, and Loan Forgiveness: Perspectives from Today’s Young Lawyers ," was conducted between April and May. The data were analyzed by staff at AccessLex Institute’s Center for Legal Education Excellence.
Currently, students are more immediately aware of the return on interest (ROI), and they want to know —up front — the lasting impact of their choices of when and how they engage in highereducation. Many students wish they ’ d have more information about the greater financial picture now that they are shackled by studentloans.
I don’t care if you have hot sauce in your bag; what are you going to do about studentloan debt?” As a new election season approaches, it’s crucial for highereducation institutions, especially historically Black colleges and universities (HBCUs), to understand the diverse civic engagement needs and priorities of their students.
For those who are concerned about Americans’ perceptions of highereducation, the past few weeks may have been confusing. 72% said that highereducation contributes to graduates’ personal enrichment and growth, and 71% said that higher ed contributes to advancing graduates’ wealth and success.
In addition to combatting the school-to-prison pipeline, a universal public option for early learning can also contribute to increasing diversity in highereducation. By closing the literacy gap early on, we provide students from marginalized communities with a stronger foundation for academic success.
According to the GAO report, students who pick a college that is unaffordable for them are more likely to have to cut back on essentials like food while attending and are more likely to drop out. Having more studentloan debt may make borrowers less likely to become homeowners or to be able to save for their own or their children’s futures.
Taylor, director of highereducation and workforce policy and advocacy at Young Invincibles. Some studentloan debt is suffocating Black workers and preventing them from being able to achieve financial freedom.” “Learning to be comfortable during uncomfortable conversations is the first step to bridging the gap.”
“With far fewer available jobs, new journalists must navigate the rising cost of highereducation and relatively low future earnings, which can make paying off debt difficult.” Journalism and communication majors see moderate financial payoffs compared to other majors, the report found.
Though confidence about the value of pursuing a two- or four-year college degree is higher among high schoolers than graduates who either dropped out or chose not to attend in the first place, neither demographic view such pursuits as the most valuable, according to a recent report from Edge Research, HCM Strategists, and D2 Strategies.
Federal Student Aid has identified a error within the National StudentLoan Data System (NSLDS) that is flagging ‘independent students under the age of 24 as Dependent and creating a series of inconsistencies; primarily for the 2023-24 academic year. 6 Update) first appeared on College Aid Services.
More than one out of every eight students experiences rape or sexual assault , and one-in-five female students reports receiving assistance from a victim-services agency. Collectively, highereducation must give this issue the attention and priority it deserves. Faculty and staff are also at risk of harm.
Cordray worked to fix studentloan system programs, like Public Service Loan Forgiveness and Income Driven Repayment, and oversaw the development and implementation of the SAVE Plan. Cardona said the COO revitalized the FSA Enforcement Unit to hold schools accountable for cheating students and combated studentloan scams.
IHEP analysis of n ew f ederal d ata s how stark disparities in unmet need By: Marián Vargas and Kim Dancy In today’s rapidly evolving highereducation landscape, high-quality postsecondary data can provide critical insights that inform decision-making and advance equitable outcomes. New IHEP analysis of data from the U.S.
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