New federal program offers students aid for nontraditional education, By Patricia Cohen, October 14, 2015, New York Times: “Hoping to offer more alternatives, particularly to low-income students considering substandard for-profit colleges, the Education Department is unveiling a pilot program on Wednesday to allow students to use federal loans and grants for nontraditional education like boot camp software coding programs and MOOCs, or massive open online courses…”
Tag: Financial aid
Top Colleges and Low-Income Students
Why many smart, low-income students don’t apply to elite schools, By Shereen Marisol Meraji, March 16, 2015, Minnesota Public Radio: “Right now, high school seniors across the country are trying hard not to think about what is — or isn’t — coming in the mail. They’re anxiously awaiting acceptance letters (or the opposite) from their top-choice colleges and universities. But this story isn’t about them. It’s about a big group of seniors who could get into great schools but don’t apply: high-achieving students from low-income families who live outside of America’s big cities. These students often wind up in community college or mediocre four-year schools. It’s a phenomenon known in education circles as ‘undermatching.’ Why does it happen..?”
Student Loan Debt Relief
Student loan relief: Obama’s order caps payments at 10% of income, By Christi Parsons, June 9, 2014, Los Angeles Times: “President Obama on Monday signed an executive order that lets millions of college graduates cap their student loan payments at 10% of their income, a move he says will help ‘open the doors of opportunity for all.’ By amending student loan regulations to put the cap in place, Obama is making use of his executive powers to help alleviate the burden for young Americans increasingly saddled with student loans . . .”