Performant Financial Corp. was one of two firms selected Thursday by the U.S. Department of Education to help the agency collect overdue student loans. The deal with could be worth hundreds of millions of dollars.
The senator from Massachusetts is asking the U.S. Department of Education’s inspector general to investigate the agency's use of earnings data to grant partial student loan forgiveness to defrauded borrowers.
Called an income share agreement, it involves graduates repaying part of what they earn.
The year ahead could usher in some significant changes in the federal government's role in higher education.
A look at some of events that shaped the economics of higher education this year and are sure to have lasting impacts on the sector.
The announcement is the first substantial step Education Secretary Betsy DeVos has taken to clear a backlog of debt relief claims that have amassed over the past year.
Berea College in Kentucky will once again join the list of schools that will see their tax burden rise under the GOP plan.
The finalized tax bill backed away from some of the most controversial education proposals.
The legislation would allow the federal government to preempt state laws governing federal student loan servicing and debt collection.
Private school in Michigan has guarded its independence fiercely for decades.