Starting July 1, a new repayment option is available that makes monthly payments more affordable for Americans with heavy federal student loan burdens. The new Income-Based Repayment (IBR) plan protects borrowers by linking payments to income and family size. A related new program offers additional benefits to those working in public service jobs.
Secretary of Education Arne Duncan announced that starting tomorrow $13 billion will be available for schools and that millions of current and former college students will benefit from better student loans and financial aid.
The Obama Administration today announced a shorter, simpler, and more user friendly Free Application for Federal Student Aid (FAFSA) that will make it easier to apply for college financial aid.
Five States Chosen to Receive Technical Assistance in Developing 'Green' Career-Technical Programs of Study
The U.S. Department of Education and its National Research Center for Career and Technical Education (NRCCTE) in Louisville, Ky., announced today the selection of five states to receive technical assistance from the center in developing green-focused "programs of study" in career and technical education.
The states are: Georgia, Illinois, New Jersey, Ohio, and Oregon.
Education Department Official to Lead U.S. Delegation to Jordan for Middle East, North Africa Community College Forum
Glenn Cummings, former speaker of Maine's House of Representatives and newly appointed deputy assistant secretary of the U.S. Department of Education, will lead a delegation of U.S. community college presidents and researchers to an international conference promoting community colleges Tuesday and Wednesday in Amman, Jordan.
Secretary Duncan Announces Grant Competition to Retrain Displaced Workers, Help Rebuild America's Economy
Milwaukee U.S. Secretary of Education Arne Duncan visited the Milwaukee Area Technical College today to announce a $7 million special competitive grant to establish innovative and sustainable community college programs that prepare displaced workers for second careers.
U.S. Education Secretary Arne Duncan and Dr. Jill Biden Visit Miami Dade College to Discuss Improving Nation's Education System and the Importance of Community Colleges in Job Creation
U.S. Secretary of Education Arne Duncan and Dr. Jill Biden today held a panel discussion with students at Miami Dade College to exchange ideas on improving the nation's higher education system and the importance of community colleges in job creation. Duncan and Biden also discussed how funds from the stimulus package will help make college more affordable for families.
U.S. Secretary of Education Arne Duncan today highlighted provisions of the Department of Education's proposed FY 2010 budget overview that would dramatically expand student financial aid while making it simpler, more reliable and more efficient. "We need to invest in our economic future and enable our kids to compete in today's global environment.