Higher education leaders support Biden administration’s American Families Plan
INSIDE HIGHER ED — Reactions in higher education to President Biden’s proposal for tuition-free community college, increased Pell Grants and tuition aid for students at minority-serving institutions have been largely positive, but the plan won’t be easy to get through Congress.
Read More about Higher education leaders support Biden administration’s American Families PlanWhat federal student loan forgiveness proposals may mean for law school debt
ABA JOURNAL — People with law school loans could benefit if President Joe Biden authorizes a plan to forgive all or a portion of student debt, but it could exclude those who owe private lenders and impose limits based on income, experts say. Forgiving private school loan debt “would require the government to pay private lenders.”
Read More about What federal student loan forgiveness proposals may mean for law school debtUS Department of Education terminates Florida Coastal Law’s federal student loan eligibility
ABA JOURNAL — The U.S. Department of Education has terminated the Florida Coastal School of Law’s access to federal student financial aid, and the for-profit school has been directed to file a teach-out plan with the ABA’s Section of Legal Education and Admissions to the Bar.
Read More about US Department of Education terminates Florida Coastal Law’s federal student loan eligibilityFew borrowers benefit from Public Service Loan Forgiveness
CNBC — The Biden Administration has indicated the president will call on Congress to forgive $10,000 in student debt for all borrowers — a step down from what leaders of his own party have called for. House and Senate Democrats have urged President Biden to “broadly” forgive up to $50,000 of federal debt through executive order.
Read More about Few borrowers benefit from Public Service Loan ForgivenessSurvey: A majority of millennial students report student debt was not worth the college degree
CNBC — Older millennials entered adulthood around the time of the 2008 financial crisis, which was followed by higher education funding cuts, rising college costs and slow wage growth. The result: Millennials became the student debt generation.
Read More about Survey: A majority of millennial students report student debt was not worth the college degreeLouisiana State University Law expands Loan Repayment Assistance Program
MYARKLAMISS.COM — Louisiana State University’s Law school is announcing the expansion of its Loan Repayment Assistance Program for their recent graduates. According to LSU Law, recent graduates who work in public service positions made possible by funding from the Louisiana Bar Foundation Kendal Vick Public Law Fund.
Read More about Louisiana State University Law expands Loan Repayment Assistance ProgramFederal income-driven loan repayment program serves few students
INSIDE HIGHER ED — For more than 25 years, student loan borrowers have had the option to base their monthly payments on their income. But throughout the entire history of the program, only 32 borrowers have ever qualified for full forgiveness from the federal income-driven loan repayment program.
Read More about Federal income-driven loan repayment program serves few studentsABA urges government to expand loan assistance and forgiveness programs for law graduates
REUTERS — The American Bar Association passed a resolution Monday that throws the lawyer group’s weight behind political efforts to aid law school graduates drowning in debt, as the Biden administration grapples with how to best address that issue. The resolution urges Congress and the Biden administration to implement measures.
Read More about ABA urges government to expand loan assistance and forgiveness programs for law graduatesKansas lawmakers want tuition refunds for college students moved onto online courses during the pandemic
THE KANSAS CITY STAR — Kansas lawmakers want to refund tuition to college students who lost class time or were forced into online courses as a result of the pandemic. The move is the latest in a string of actions taken by lawmakers to show their disdain for online learning in colleges and k-12 schools.
Read More about Kansas lawmakers want tuition refunds for college students moved onto online courses during the pandemicUS sees drop in number of FAFSA applications from traditionally underrepresented students
INSIDE HIGHER ED — Last spring, as college and university officials fretted about how the global pandemic and associated recession might affect enrollment in the fall, troubling news emerged in the form of data about declines in the number of current college students who had resubmitted their Free Application for Federal Student Aid.
Read More about US sees drop in number of FAFSA applications from traditionally underrepresented students