#college-grants

#college-grants

I paid off my student loans like three months into The Pitt, and that was a really profound moment 'cause I thought I was gonna die with it. It's a huge burden to carry, and a lot of people carry it.

The One Big Beautiful Bill Act includes the largest overhaul to the federal student aid system in decades, limiting loan repayment and debt forgiveness options for borrowers.

Chancellor Kamar Samuels emphasized that his three main priorities for NYC public schools are safety, academic rigor, and integration, aiming to address pressing educational needs.

"Kids show up to school when they feel connected to adults, peers and are engaged in something meaningful," said Hedy Chang, chief executive of Attendance Works.

Chancellor S. Keith Hargrove, Sr. expressed his 'deepest gratitude' for Scott's gift, stating she recognizes 'the critical role that HBCUs play in expanding opportunity and strengthening communities.'

Michelle Medintz spent at least $5,000 in 2022 alone, largely on books. She created a 'cozy corner' in her classroom with shelves filled with books, cushions on the floor, and stuffed animals. 'That doesn't make me a better teacher than my colleagues,' Medintz said.

The 13-member panel, comprised largely of state officials, think tank researchers and higher ed lawyers, spent the last four days negotiating the rules of a new college earnings test called Do No Harm-which applies to all degree programs-as well as changes to the existing gainful-employment rule, an accountability metric that only applies to certificate programs and for-profits. The department's proposal, which aligns the two accountability

These actions further align the postsecondary and workforce education programs of ED and DOL and will position DOL as the central hub for America's postsecondary education and workforce development programs. Through the agreement, Labor is essentially administering ED grant programs, while ED continues to set the budget, criteria and priorities for the programs and manage hiring and other HR processes.

In general, students across all income brackets are paying less for college, adjusted for inflation, than they did six years ago at all types of institutions. In some cases, those drops were especially high, including for low- and middle-income students at the nation's wealthiest private colleges; their average net price dropped 28.1 percent and 30.8 percent, respectively.

The new accountability metric, set to take effect in July, could eventually cut failing programs off from all federal student aid funds-an enhanced penalty that appeared key to the committee reaching consensus Friday. Before the compromise, programs that fail the earnings test would only have lost access to federal student loans. Under the proposal, college programs will have to show that their graduates earn more than a working adult with only a high school diploma.

While overall more people are choosing college, there are important shifts happening in where students are going and where they're not. Enrollment at private four-year colleges is down. Fewer people are enrolled in master's degree programs. But enrollment is up at four-year public universities and at community colleges. There, it's driven by students choosing short-term credentials tied to the workforce.

It can be scary to borrow large student loans to finance an expensive college degree. There is a market failure, however, every time a student does not attend their preferred college, study their preferred major, or pursue their preferred career because they are afraid of student loans. Students should be free to pursue their passions - not forced into second-best choices because of the cost of the degree or the prospect of a lower income in the future.

"Here's the reality: When you come to the table prepared with smart and dedicated people that are focused on a clear goal, you can move quickly and intentionally without sacrificing the thoroughness and the careful deliberation that this process deserves,"