"The U.S. Department of Education will release a much-anticipated outline of its college ratings system on Friday, according to several sources familiar with the department's plans," Inside Higher Ed reports.
"It sounds like a simple solution: Enroll student loan borrowers in an income-based repayment plan, and they'll have no reason to miss payments and get into financial trouble. But expanding that repayment method to millions of borrowers could lead to unintended consequences that could further burden those in debt, according to a new report from you […]
"As it wrapped up its final hours in session this week, the U.S. Senate confirmed a new top lawyer at the Education Department while failing to approve a nominee for a key higher education post," Inside Higher Ed reports.
"Enrolling Americans with student loan debt in an automatic Income-Based Repayment system and automating their repayments through employer payroll withholding could substantially simplify the student loan system and lessen the number of loan defaults, contends three higher education research and advocacy organizations in a new policy paper," Divers […]