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.
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
According to federal data, 24 percent of New York adults are at the lowest levels of literacy, defined by the advocacy organization Literacy New York as being either functionally illiterate (reading below a fifth grade level), lacking a high school diploma, or being unable to speak English. That same data shows Brooklyn and Queens rates are roughly ten percent higher than the state average, and in the Bronx, a whopping 50 percent of adults do not have basic literacy skills.
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.
The state saw a 5.53 percent increase, with distance education enrollment rising from 56.1 percent in 2022 to 59.2 percent in 2023, the most recent year for which data is available. The findings are based on an analysis by eLearning Industry, an online learning platform, using National Center for Education Statistics postsecondary data tracking changes in distance education enrollment across U.S. states.
Yale University is eliminating tuition and other costs for all new undergraduates from families earning less than $100,000 a year, joining a growing number of elite campuses that are slashing costs for middle- and lower-income families. The Ivy League school announced the change Tuesday and said it will take effect for students entering this fall. Yale previously waived all expected costs for students from families earning less than $75,000 a year.
