Financial Aid – The College Fix

Veteran and business owner leaves behind helpful student loan guide: book review

Matt Lamb - Associate Editor — Sat, 13 Jan 2024 05:04:16 +0000

OPINION: A business owner and veteran created a quality college loan guide for parents and students Retired Air Force Colonel David Shutler wanted to create a book people like him could have used when talking to high schoolers about picking and paying for post secondary education. Colonel Shutler (pictured) did that with his book, “Graduate Debt Free,” but he died last fall before he could see…

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Policy experts, right-to-left, weigh in on taxing university endowments

Rachel Lalgie - University of Florida — Fri, 05 Jan 2024 05:02:51 +0000

Only a handful of colleges have significant endowments President Donald Trump has suggested taxing the endowments of large private universities to pay for a free, online “American Academy.” Increasing the tax on endowments has won support from other Republicans and conservatives. The College Fix surveyed several policy experts to discuss the pros and cons of the idea.

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Teacher quits jobs, then complains she can’t make $200 student loan payments

Matt Lamb - Associate Editor — Mon, 02 Oct 2023 14:24:57 +0000

ANALYSIS: Media amplifies stories of people who quit their jobs and are now struggling to pay their debt A teacher who quit her job is now struggling to make her $200 a month student loan payments. But she is just one of the people the mainstream media has made the face of the student loan restart, which began yesterday, after a three and a half year freeze. Parvanae Abdi…

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Calif. colleges’ state-funded ‘basic needs’ centers provide shelter, groceries

Anna Lofgren - University of Rhode Island — Wed, 27 Sep 2023 04:02:12 +0000

The state allocated more than $100 million in 2021-22 providing community college students with ‘basic needs’ California colleges have created “basic needs” centers with tens of millions of dollars in state funding to provide students in need with food, shelter and other necessities. Mario Flores, director of student affairs and basic needs at Hartnell College, a community college in Salinas…

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Foreign governments gave Harvard $218 million in less than two years

Maggie Kelly - Assistant Editor — Mon, 25 Sep 2023 16:10:00 +0000

China gave $16 million to the Ivy League university Harvard has received more than $218 million from foreign governments since Jan. 2022. “The report comes amid an ongoing investigation by the Department of Education that began in 2020 on the grounds of Harvard allegedly soliciting funding from foreign governments,” The Harvard Crimson reported last week. The United Kingdom gave the most to…

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Students unsuccessfully protest tuition payment enforcement at historically black university

Tate Miller - Liberty University — Fri, 22 Sep 2023 04:02:20 +0000

COVID funding allowed the university to clear outstanding tuition balances through January 2023 A small, private Nashville-based university dropped students with large unpaid tuition balances from classes rosters and plans to kick them off campus despite a student protest and petition. Fisk University student Tamaya Kimble told The College Fix she realized she had been unenrolled from her…

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Preppy liberal arts college offers $10K stipend to take a leave of absence

Maggie Kelly - Assistant Editor — Wed, 09 Aug 2023 04:11:08 +0000

Roughly 30 students claimed the offer Middlebury College offered students $10,000 each to take some time off. In an effort to free up dorm space, the Vermont school offered some juniors and seniors who were planning to live on-campus a $10,000 stipend each to take a “voluntary leave of absence from the fall semester and winter term,” according to a letter sent last week by administrators.

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Democrat-sponsored legislation would refinance student loans to cancel interest

Maggie Kelly - Assistant Editor — Mon, 31 Jul 2023 23:42:30 +0000

Sponsors say taxpayers would not foot the bill, but critic argues interest serves good purposes A group of Democrats in Congress introduced a bill to erase interest on all current federal student loans and cap interest rates for all future borrowers. The Student Loan Interest Elimination Act would “amend the Higher Education Act of 1965 to eliminate interest on student loans” and “increase…

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Prisoners now eligible for free college paid for by the U.S. government

Haika Mrema - Baylor University — Mon, 17 Jul 2023 04:01:50 +0000

Bipartisan-backed measure seeks to reduce recidivism Earlier this month, more than 760,000 adults in prison became eligible for federal financial aid for college courses after a nearly 30-year-old ban was lifted. In 2020, Congress voted to reinstate access to the federal Pell Grant for students in state or federal corrective institutions, overturning portions of laws from the 1990s that had…

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New Jersey university that mismanaged COVID relief ‘likely violated federal law’: report

Nathan Biller - Colgate University — Fri, 09 Jun 2023 04:00:14 +0000

Board of Trustees declared financial emergency, allowed former president to resign with six-figure severance A public New Jersey university improperly allocated $14 million dollars from its COVID relief fund as it dealt with budgeting shortfalls, according to a recently released report. New Jersey City University senior administrators in 2021 “submitted a budget for approval by the Board of…

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