Despite negotiators’ opposition to another repayment plan, ED has moved forward with draft regulations for REPAYE, an option for struggling Direct Loan student borrowers, regardless of when they received their Direct Loans.
"'Risk sharing' — the idea that colleges should bear some of the cost when their students default on federal loans — is catching on in Congress," The Chronicle of Higher Education reports. NASFAA President Justin Draeger "said there’s an easier way to shift more of the risk of student lending onto colleges: extend and expand the Perk […]
"A big red box of paperwork that activists delivered to federal officials here on Tuesday may hold the key to debt relief for large numbers of students who attended Corinthian Colleges," Inside Higher Ed reports.
"Public flagship universities appear to have become less affordable over the past five years to the very people they were created to serve — the residents of their home states," The Chronicle of Higher Education reports.