While cost and increased aid for low-income students have rightfully dominated the discussion of the proposal to end subsidies for private lenders making federal student loans, it’s worth remembering that terminating the bank-based system would also help return integrity to a system with an ever-growing history of scandal and abuse.
Case in point, an audit report [...]
All Posts Tagged: 'Federal Student Loan Programs'
9.5 Scandal Makes its Way to Sallie Mae
Fudging The Numbers
Technical Career Institute, a for-profit college in New York City, has found a new and creative way to keep its students from defaulting on federal student loans–paying off the debt. Inside Higher Ed reports today on an audit report released this week by the Department of Education’s Office of Inspector General, which found that TCI [...]
Taxing Priorities
An event Wednesday at the joint Urban- Brookings Tax Policy Center highlighted how unnecessarily complex and ineffective the federal student aid programs are, and offered simple solutions for progress.
It has been well-documented that the U.S. is beginning to fall behind in accessibility of college and completion of degrees. The Organisation for Economic Co-operation and Development [...]
Lowering Student Loan Default Rates: What One Consortium of Historically Black Institutions Did to Succeed 
College and Career-Ready: Using Outcomes Data to Hold High Schools Accountable for Student Success
03/11/10 | Kevin Carey is quoted on the rising costs of education in The Economist.
03/10/10 | Chad Aldeman's False Fronts paper is quoted on Accuracy in Academia.
03/09/10 | Ben Miller is quoted on Federal Family Education Loan defaults on The Huffington Post.
03/09/10 | Ben Miller is quoted on loan origination on the Firedog Lake blog.
03/07/10 | Kevin Carey calls for a Race to the Top in higher education in a column in The Chronicle of Higher Education.