News

October 3, 2014

Siding With For-Profit Colleges, Judge Says Rule On Recruiter Pay Is Flawed

“A federal judge has sided with for-profit colleges in a lawsuit over an Education Department rule limiting the commissions colleges can pay to student recruiters, agreeing […]
October 2, 2014

U.S. Audit Faults Education Dept. On Direct Assessment

“Degree programs that award students credit by assessing their skills – rather than making them pass courses – have been touted by the Obama administration, members […]
October 2, 2014

Federal Audit Urges Steps to Avoid Redundancy in Low-Income Programs

The U.S. Department of Education is not doing enough to make sure that the programs it runs for low-income students do not end up providing duplicative […]
September 25, 2014

As Default Rates Drop, So Does Confidence In How the Education Dept. Counts Them

“The official federal student-loan default rate fell a percentage point this year, with the largest dip occurring in the for-profit sector, data released on Wednesday by […]
September 23, 2014

FY 2011 3-Year Official Cohort Default Rates Distributed September 22, 2014

Author: Katrina Turner, Director, Operations Performance Division, Federal Student Aid   Subject: FY 2011 3-Year Official Cohort Default Rates Distributed September 22, 2014 On September 22, […]
September 22, 2014

Education Dept. Imposes Financial Restrictions on ITT

The U.S. Education Department has placed financial restrictions on ITT Educational Services Inc., citing the company’s failure to submit financial statements by a mandatory deadline, reported […]