January 17, 2017Treasury and Education Announce Progress Toward Multi-Year Income Certification System for Student Loan Borrowers in Income-Driven Repayment Plans
The Departments of Treasury and Education announced today that they have signed a Memorandum of Understanding establishing a framework regarding the requirements for electronically sharing tax data over multiple years for federal student loan borrowers participating in Income-Driven Repayment (IDR) plans.
January 13, 2017
The U.S. Department of Education (ED) announced today plans to grant borrower defense relief for federal student loan borrowers who attended the now-defunct American Career Institute (ACI) in Massachusetts. This move follows the Department’s investigation as well as numerous admissions by the school that it made false and misleading representations to students, misstated job placement rates and employed instructors who were unauthorized to teach under applicable state laws.
January 9, 2017
Giving Every Student a Fair Shot
Progress Under the Obama Administration’s Education Agenda
Secretary John B. King Jr.
Cabinet Exit Memo | January 5, 2017
January 9, 2017
The U.S. Department of Education today released the first debt-to-earnings (D/E) rates for career training programs as required by the landmark Gainful Employment (GE) regulations.
January 3, 2017U.S. Education Secretary John B. King Jr.’s statement on New York Gov. Andrew Cuomo’s free college tuition proposal:
“Making college more affordable and accessible for all Americans is critical to President Obama’s goal of having the highest share of college graduates in the world and to ensuring America’s long-term economic prosperity. That’s why the President has called on Congress to make two years of community college free so that students can earn the skills needed to succeed in the workforce or the first half of a bachelor’s degree at no cost.