DeVos Subpoena On Hold – For Now

HOUSE DEMOCRATS WERE set to subpoena Education Secretary Betsy DeVos on Friday for documents related to her department’s handling of borrower defense claims from students defrauded by for-profit colleges – the latest escalation in a public feud over the fallout of the secretary’s changes to Obama-era rules meant to rein in the sector and protect students. The subpoena, which would have compelled the secretary to turn over certain records, would have been the first issued to Read More

Families, Not Just Students, Feel The Weight Of The Student Loan Crisis

For many college students settling into their dorms this month, the path to campus — and paying for college — started long ago. And it likely involved their families. The pressure to send kids to college, coupled with the realities of tuition, has fundamentally changed the experience of being middle class in America, says Caitlin Zaloom, an anthropologist and associate professor at New York University. It’s changed the way that middle class parents raise their Read More

Student Loan Defaults On The Rise, Texas Special Education, And Other Education News

Hello! Money is on our minds in this mid-January edition of the Weekly Roundup. Student loan default is a “crisis,” report says Almost 40 percent of students who entered college in the fall of 2003 may default on their student loans by 2023. That is the conclusion of the Brookings Institution, which analyzed 20 years of federal data for two groups of student borrowers. Previously published data from the Department of Education looked at default rates just Read More