Education Department warns universities over student loan repayments

Colleges Must Help Return Student Borrowers To Repayment

The four-year pause on student loan payments has left behind an alarming fallout: Millions of student borrowers, having disengaged from the student loan system, are not making payments on their debts. Now, the Education Department is asking for help from colleges to get borrowers paying their loans again. On Monday, the Department issued a Dear Colleague Letter to thousands of colleges and universities that depend on federal student loans. “Main…

Student Loan Forgiveness Is a Sham—Trump’s Ed Dept Is Finally Saying It Out Loud

Opinion By John Stossel Sponsorship Money Donations Contribution Fundraising I have a conflict. I don’t much like Linda McMahon, President Donald Trump’s new Education Secretary. I sued her once. She and her sleazy husband, Vince, owned a circus called World Wrestling Entertainment. When I did a silly ABC news video on how the matches are staged, one of their 280-pound actors beat me up. A wrestler said Vince told him to do it. But now, I like w…

Reform Federal Student Lending! — Minding The Campus

When people ask me, “What is the worst thing the federal government has done regarding higher education,” I say it is a close call between two policy blunders: its entering the student loan business for college students, and the creation of the U.S. Department of Education (ED). But if forced to choose, I would say […] The post Reform Federal Student Lending! appeared first on Minding The Campus.

White House policies target U.S. universities, public education

U.S. President Donald Trump’s battle with universities, schools and even the Department of Education continues apace.In his latest budget proposal put forth by the White House... cuts of over $700 million to adult education programs,

Education Department warns universities over student loan repayments

The Education Department sent a “Dear Colleague” letter to universities on Monday warning them of their obligations to support student loan borrowers as the Trump administration ramps up collections for those in default. While the department says borrowers have the “primary responsibility” to ensure they repay their loans, schools should make sure they support their…

Education Dept. Tells Colleges to Help Struggling Borrowers

The guidance, released Monday, reminds colleges of their responsibility to ensure borrowers repay loans to the best of their ability. The Department of Education reminded colleges and universities Monday of their role in ensuring student loan borrowers repay their debt—and that they’ll be on the hook if a large percentage of their former students default on their debts.