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☆ The Great College Pricing Sham
▼ + stars: | 2023-09-10 | by ( James S. Murphy | ) www.businessinsider.com time to read: +21 min

I use quotation marks, because merit aid is granted to half the students at public colleges and 84% at private colleges. Today the average merit-aid discount at private colleges is $23,000 — leaving the student to cover the remaining $30,000 or $40,000. At four-year public colleges, tuition now accounts for 52% of operational revenue, versus 48% from state funding. To make college more accessible, we need to make greater public investments — at both the state and federal levels — in higher education. James S. Murphy is a higher education policy analyst at Education Reform Now.

Persons: Joe Biden, YouGov, Gen, Gen Zers, You'll, Pell Grant, Dominique Baker, —, Getty, Ben Sasse, who's, Sasse, David Feldman, William & Mary, Ford, Feldman, they're, Sandy Baum, It's, There's, Baum, They're, Josh Shapiro, Spencer Cox, shouldn't, James S, Murphy Organizations: Insider, Harvard, of California, Southern Methodist University, Ivy League, U.S . News, Honda, Porsche, University of Florida, McKinsey & Company, University of Oklahoma, University of Kentucky, Ford, Apple, Fordham, Appalachian, William &, Technology, West Virginia University, WVU, Urban Institute, Google, Reform, Twitter Locations: United States, Italian, Appalachian State, America, Pennsylvania, Utah

☆ Affirmative Action Is Still in Effect. For Men.
▼ + stars: | 2023-09-08 | by ( Susan Dominus | More About Susan Dominus | ) www.nytimes.com time to read: +4 min

The trend continued upward, so much so that by 1999 some universities had admissions policies that explicitly favored men. In doing so, the school managed to maintain a ratio of 45 percent men to 55 percent women. The young women’s lawyers argued that the extra points for men violated both the equal-protection clause and Title IX, which guarantees equal educational opportunities for men and women. But Title IX does not prohibit gender-based affirmative action in admissions at all schools. That Title IX exemption still stands, allowing private colleges and universities to privilege men during the admissions process.

Persons: Katie Lew, Marie Bigham, Pérez, ’ ”, — that’s, ”, Sourav Guha, “, You’d, ’ ” Jason England Organizations: University of Georgia, Georgia, system’s, Regents, Princeton, Trinity College, National Association for College, ”, Wesleyan University, Carnegie Mellon, Wesleyan

CNN —The death earlier this year of former US swimming champion Jamie Cail has been ruled accidental and fentanyl related, according to a Facebook post from the US Virgin Islands Police Department. An autopsy report from the US Virgin Islands Office of the Medical Examiner listed Cail’s cause of death as “fentanyl intoxication with aspiration of gastric content,” police said Friday. Cail, who had previously lived in New Hampshire, ultimately “succumbed to her ailment,” officials added, saying she had died on arrival. Cail won gold at the 1997 Pan Pacific Championships as a member of the US women’s 4x200-meter freestyle relay, according to FINA, the international governing body of swimming. USA Swimming said Cail was “a cherished teammate” in a February statement.

Persons: Jamie Cail, Cail, Myrah Keating, “, ”, Jooyoung Lee, Jamie, ” Cail Organizations: CNN, US Virgin Islands Police Department, US Virgin Islands Office, Medical, John . Police, Smith Community Health Center, Pan, FINA, Bolles School, Bolles, University of Southern, University of Maine Locations: St, John, New Hampshire, Brazil, Jacksonville , Florida, University of Southern California

☆ Few families pay the full price for college: Take these 3 steps to help cover rising higher education costs
▼ + stars: | 2023-08-17 | by ( Sharon Epperson | In Sharoneppersoncnbc | ) www.cnbc.com time to read: +5 min

The average sticker price for college, or published costs for tuition and fees, has been rising — but most families don't pay full price. Here are three strategies that can help you pay for college now and save for rising costs in the future. Last year, about 30% of parents used college savings plans such as 529 plans to pay for about $7,800 of college costs, on average, according to the Sallie Mae report. For families who remain concerned about making ends meet based on the financial aid award they've received, it is possible to ask the college financial aid office for more aid. If your circumstances are now different, that should be brought to the financial aid office's attention.

Persons: Sallie Mae, Adam Nguyen, Ivy Link, Roth IRAs, Ivy, Nguyen, Rob Franek, Mark Kantrowitz, they've, you've Organizations: College Board, Istock, Getty, Ivy, The Princeton, ACT, College

☆ These are the best colleges for financial aid, according to The Princeton Review's new ranking
▼ + stars: | 2023-08-15 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

To that end, The Princeton Review ranked colleges by how much financial aid is awarded and how satisfied students are with their packages. The Princeton Review's Best Colleges for 2024 report is based on data collected from 165,000 student surveys. At four-year, out-of-state public colleges, it was $28,240, according to the College Board, which tracks trends in college pricing and student aid. However, about two-thirds of all full-time students receive aid, which can bring the cost significantly down. Your net price is a college's tuition and fees minus grants, scholarships and education tax benefits, according to the College Board.

Organizations: Princeton, Finance, College Board

☆ Opinion | The Real, Hidden Truth About College Admissions
▼ + stars: | 2023-08-03 | by ( Frank Bruni | ) www.nytimes.com time to read: +2 min

But I’ve no idea where those students will be 10 or 20 years down the road. And perhaps the greatest tragedy of all the drama around college admissions is the degree to which it obscures that transcendent truth. They’re honing the best kind of opportunism. They’re honing the worst kind of wastefulness. Where, in all the chatter about the Ivy League and all the debate about meritocracy, is the necessary attention to that?

Persons: Duke didn’t, I’ve, greedily Organizations: Duke, Ivy League

☆ Is an Ivy League degree worth it? Report finds advantages beyond future earnings
▼ + stars: | 2023-08-02 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

In the end, the group of Harvard and Brown University-based economists found that attending an Ivy League college has a "statistically insignificant impact" on earnings. Leadership positions are disproportionately held by graduates of a few highly selective private colleges, the Opportunity Insights report found. Meanwhile, at the nation's top schools, including many in the Ivy League, acceptance rates hover near all-time lows. The pathway to CEO is not necessarily an elite university. However, "the pathway to CEO is not necessarily an elite university," added Alvin Tillery, a political science professor and director of Northwestern's Center for the Study of Diversity and Democracy.

Persons: Christopher Rim, Alvin Tillery, Hafeez Lakhani Organizations: Princeton University, Office, Communications, Harvard University, University of North, Ivy League, Harvard, Brown University, Stanford University, Duke University, University of Chicago, Technology, Command, ACT, Northwestern's Center, Diversity, Diversity and Democracy, Princeton, MIT, Glowimages, Getty Locations: New Jersey, University of North Carolina, Massachusetts, New York, Michigan , Illinois, Wisconsin

☆ I'm a college expert, and the biggest mistake I see students make is not negotiating their financial aid offer. Here's how to do it.
▼ + stars: | 2023-07-26 | by ( Kate Colbert | ) www.businessinsider.com time to read: +6 min

Affordability often comes down to how extensive a student's financial-aid offers are — including grants and scholarships. But I'm a college-education expert and one of the authors of "Commencement: The Beginning of a New Era in Higher Education," and I've seen countless students negotiate a higher deal. If you're an incoming freshman, you have every right to go back to the college or university and renegotiate your financial-aid offer. That's the tuition price listed on the school's website. That means a $40,000 tuition price tag often gets reduced to $18,200, but only if you ask for it.

Persons: you've, You've, I'm, They'll, it's Organizations: Service, Higher, ACT, KFC, CVS, PepsiCo, Intel, Meijer Locations: Wall, Silicon

The study — by Opportunity Insights, a group of economists based at Harvard who study inequality — quantifies for the first time the extent to which being very rich is its own qualification in selective college admissions. The result is the clearest picture yet of how America’s elite colleges perpetuate the intergenerational transfer of wealth and opportunity. Less than 1 percent of American college students attend the 12 elite colleges. For the several elite colleges that also shared internal admissions data, they could see other aspects of students’ applications between 2001 and 2015, including how admissions offices rated them. Share of admitted students who were recruited athletes at selected elite colleges Recruited athletes at elite colleges were much more likely to come from the highest-earning households.

Persons: ”, Susan Dynarski, Raj Chetty, John N . Friedman of Brown, David J . Deming, Christopher L, “, Neil Gorsuch, didn’t, Ivy, Dynarski, Pell, You’re, Michael Bastedo, Bastedo, John Morganelli, don’t, It’s, you’re, Jana Barnello, Stuart Schmill, “ It’s Organizations: Elite College, Ivy League, Opportunity, Harvard, Stanford, Duke, University of Chicago, Harvard Graduate School of Education, Princeton, Notre Dame, Public, University of Texas, University of Virginia, Fortune, University of Michigan, New York Times, Dartmouth, University of Michigan’s School of Education, Cornell, College Board, Brown, University of California Locations: M.I.T, America, Northwestern, N.Y.U, Austin, United States, California, U.C.L.A

☆ Wesleyan University ends legacy admissions after Supreme Court decision on affirmative action
▼ + stars: | 2023-07-20 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

More Americans disagree with legacy admissionsToday, fewer Americans agree with legacy admissions. "This preferential treatment overwhelmingly goes to white applicants and harms efforts to diversify color," added Michael Kippins, litigation fellow at Lawyers for Civil Rights. The NAACP called on more than 1,600 U.S. public and private colleges and universities to commit to increasing the representation of historically underrepresented students and end the practice of legacy admissions. The reality is we've reached a pretty good consensus on the use of identity in college admissions. Legacy admissions 'could be deemed unconstitutional'Since the practice of legacy admissions has indirect racial implications, these challenges may have legal merit, according to Jeanine Conley Daves, an attorney at New York-based firm Littler.

Persons: Wesleyan University Joanne Rathe, Ivan Espinoza, Madrigal, Michael Kippins, Ivory Toldson, Alvin Tillery, Don Harris, Harris, John Roberts, Jeanine Conley Daves Organizations: Wesleyan University, Boston Globe, Harvard University, Civil Rights, Pew Research, Harvard, NAACP, Northwestern University's Center, Diversity, Diversity and Democracy, Supreme, Temple University School of Law Locations: Massachusetts, New York

☆ Why college is getting more expensive
▼ + stars: | 2023-07-16 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

After adjusting for currency inflation, college tuition has increased 747.8% since 1963, the Education Data Initiative found. But the net price of college — that’s the amount that students and their families are actually shelling out — has been decreasing. The average student at a private four-year college paid $32,800 for tuition and room and board last year. When adjusted for inflation, the actual price paid for private college has dropped by 11% over the past five years, according to College Board data. In a 6-3 decision the Supreme Court struck down the Biden administration's student debt forgiveness program in Biden v. Nebraska.

Persons: Brian Snyder, ”, Megan Brenan, Catharine Hill, “, —, couldn’t, ’ ”, they’ve, Kevin Dietsch, Joe Biden’s, Biden Organizations: New, New York CNN, College, US News, Harvard University, Harvard, Reuters, Education Data Initiative, Georgetown University Center, Education, Gallup, Vassar College, “, ”, National Education Association, Foreign Relations, Economic, Institute, luxe, ” Colleges, American, of Trustees, NEA, College Board, U.S, Supreme, Biden, . Nebraska Locations: New York, Cambridge , Massachusetts, United States, “, Washington , DC, .

☆ What the Supreme Court’s decision on affirmative action could mean for legacy applicants
▼ + stars: | 2023-07-10 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

watch nowAfter the Supreme Court's ruling on the affirmative action admission policies of Harvard and the University of North Carolina, decades-old legacy preferences are facing new challenges. The court's ruling was considered a massive blow to efforts to boost enrollment of minorities at American universities through policies that considered applicants' race. Fewer people think legacy should factor into admissionsToday, more Americans disagree with legacy admissions. "This preferential treatment overwhelmingly goes to white applicants and harms efforts to diversify color," added Michael Kippins, litigation fellow at Lawyers for Civil Rights. Legacy admissions 'could be deemed unconstitutional'

Persons: Ivan Espinoza, Madrigal, Michael Kippins, Ivory Toldson, Alvin Tillery, Don Harris, Harris, John Roberts Organizations: Harvard, University of North, Harvard University, Civil Rights, Pew Research, NAACP, Northwestern's Center, Diversity, Diversity and Democracy, Supreme, Temple University School of Law Locations: University of North Carolina, Massachusetts

☆ Social Class Is Not About Only Race
▼ + stars: | 2023-07-05 | by ( David Leonhardt | ) www.nytimes.com time to read: +1 min

The same is true at some other public universities, including Auburn, Georgia Tech and William & Mary. It is also true at a larger group of elite private colleges, including Bates, Brown, Georgetown, Oberlin, Tulane and Wake Forest. Nearly every college with an affluent enrollment has historically used race-based admissions policies. Those policies often succeeded at producing racial diversity without producing as much economic diversity. And whether they figure out how to do so is important (as I’ve previously covered).

Persons: Mary, Bates, Brown Organizations: University of Virginia, UVA, Grants, Georgia Tech, Oberlin, Tulane, Wake Locations: Auburn, Georgetown

☆ By striking down affirmative action, the Supreme Court put forth a dangerous and false ideal of 'colorblindness'
▼ + stars: | 2023-07-01 | by ( Trisha Gopal | ) www.businessinsider.com time to read: +12 min

Sotomayor and Thomas are both the likely beneficiaries of affirmative action. A student at Harvard University at a rally in support of keeping affirmative action policies outside the Supreme Court on October 31, 2022. A young boy at the University of California, Berkeley in 1995 as students and families protested to keep affirmative action policies. In a statement following the ruling, former president Barack Obama wrote, "Like any policy, affirmative action wasn't perfect. Roberts accused the colleges' affirmative action programs of "employ[ing] race in a negative manner" without any "meaningful end points."

Persons: Sotomayor, —, Clarence Thomas, Thomas, Sonia Sotomayor, colorblindness, Colorblindness, Howard Schultz, Tomi Lahren, Plessy, Ferguson, John Marshall Harlan, Antonin Scalia, Justice Roberts, Harlan's, David Butow, Roberts, Barack Obama, Michelle, haven't, Evelyn Hockstein, Michelle Obama, Katherine Phillips, Phillips Organizations: Supreme, Service, Harvard University, University of North, Latina, Yale Law School, Starbucks, Washington Post, Getty, Black, Seattle School District, University of California, Harvard, UCLA, UC, REUTERS, Princeton, Scientific, Columbia Business Locations: Berkeley, University of North Carolina, California, Idaho

☆ Supreme Court block of Biden’s student loan forgiveness could cause college enrollment to fall, experts say
▼ + stars: | 2023-06-30 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

At four-year private colleges, it now costs $39,400, according to the College Board, which tracks trends in college pricing and student aid. Many students borrow to cover the tab, which has already propelled collective student loan debt in the U.S. past $1.7 trillion. The share of parents taking out federal parent PLUS loans to help cover the costs of their children's college education has also grown, NerdWallet found. High schoolers are also putting more emphasis on career training and post-college employment, a recent report by ECMC Group found. How to avoid taking on too much student debt

Persons: Sarah Foster, NerdWallet, Parker O'Neill Organizations: College Board, Bankrate.com, The Institute, College, National Center for Education Statistics, Century College, ECMC Group Locations: U.S, White Bear Lake , Minnesota

Those figures are now 20% at Berkeley Law and 15% at Michigan Law. The Association of American Law Schools on July 10 is convening a virtual conference focused on admissions in a post-affirmative action landscape, chaired by Berkeley Law dean Erwin Chemerinsky. Alongside strategies to recruit and admit diverse students, Zearfoss said the changing demographics of the law school applicant pool have helped Michigan Law bolster student diversity—good news for law schools now facing an affirmative action ban. The law school also prioritizes recruiting at events geared toward minority applicants and at college and universities with significant minority enrollment, Zearfoss added. Michigan Law and Berkeley Law both voluntarily withhold information about each applicant's race to ensure they comply with their state laws, admissions officials said.

Persons: Sarah Zearfoss, Erwin Chemerinsky, Edward Blum, ”, Michigan’s Zearfoss, Zearfoss, Chemerinsky, “, ” Chemerinsky, Karen Sloan, Leigh Jones Organizations: U.S, Supreme, University of Michigan Law School, University of California, Berkeley School of Law, Berkeley Law, American Bar Association, Michigan Law's, ABA, Michigan Law, Association of American Law Schools, Berkeley, Fair Admissions, Harvard University, University of North, Asian, Fair, Association of American Medical Colleges, American Dental Association, Law, Thomson Locations: Michigan, California, American, Sarah Zearfoss , Michigan, University of North Carolina, U.S

☆ Why more and more colleges are closing down across the U.S.
▼ + stars: | 2023-06-17 | by ( Devan Burris | ) www.cnbc.com time to read: +2 min

The mid-2010's saw an uptick in U.S. college closures, particularly among private nonprofit schools. This trend has affected tens of thousands of college students across the country. Since 2016, 91 U.S. private colleges have closed, merged with another school, or announced plans to close, according to a CNBC analysis of data from Higher Ed Dive. About 95% of U.S. colleges rely on tuition, according to Franek, meaning they rely on money from students to operate. Watch the video above to learn what headwinds higher education is facing and hear from students affected by college closures.

Persons: Robert Franek, We'll, Fitch, Emily Wadhwani Organizations: CNBC, The Princeton

☆ Why more and more colleges are closing down across America
▼ + stars: | 2023-06-17 | by ( Devan Burris | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy more and more colleges are closing down across AmericaThe mid-2010′s saw an uptick in U.S. college closures, particularly among private nonprofit schools. This trend has affected tens of thousands of college students across the country. Since 2016, 91 U.S. private colleges have closed, merged with another school, or announced plans to close, according to a CNBC analysis of data from Higher Ed Dive. Almost half of those schools closed after the onset of the Covid pandemic in 2020. For many struggling schools the pandemic was the final straw — but two major themes showed up consistently throughout the closures: finances and enrollment.

Organizations: CNBC Locations: America

☆ Canada freezes deportation of Indian students who used fraudulent university letters
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: +3 min

OTTAWA, June 14 (Reuters) - Canada will freeze the planned deportation of dozens of students who entered the country using fraudulent university letters of acceptance, Immigration Minister Sean Fraser said on Wednesday. Fraser spoke after the Canadian Broadcasting Corp reported in March that several students from India had been served deportation papers for using forged documents to enter Canada in an alleged immigration scheme. Official data show there were more than 800,000 foreign students with active visas in Canada in 2022. Canada is a popular destination for international students since it is relatively easy to obtain a work permit. The Migrant Workers Alliance for Change has been supporting the students, saying they have spent years in Canada.

Persons: Sean Fraser, Fraser, fraudsters, Sarom Rho, David Ljunggren, Aurora Ellis Organizations: OTTAWA, Immigration, Canadian Broadcasting Corp, Canada, Canada Border Services Agency, CBC, Migrant Workers Alliance, Thomson Locations: Canada, India

☆ Online College Classes Are Making the Student Debt Crisis Worse
▼ + stars: | 2023-06-05 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +18 min

She applied and was accepted to the online program in 2020. In exchange for expanding course offerings and recruiting students, OPMs receive a big chunk of the tuition revenue from the online programs, which usually cost the same as in-person schooling. While it's not always the case, many experts and grads told me that OPMs were offering online students a worse education for a sky-high price. A third-party provider to those schools, 2U signs a contract to offer services such as recruiting and technology to boost online enrollment. OPMs have helped fuel the student debt crisis, saddling may students with tens of thousands of dollars worth of debt and an uncertain future.

Persons: Iola Favell, Favell, Rossier, Zavareei, USC Rossier, OPMs, it's, grads, Eric Rothschild, John Katzman, Katzman, Clare McCann, McCann, —, Aaron Ament, Barack Obama, That's, STEFANI REYNOLDS, Helen Drinan, Cabrini University —, Drinan, Democratic Sens, Elizabeth Warren, Tina Smith, Sherrod Brown, Pearson, Rosa DeLauro, Virginia Foxx, Ament Organizations: University of Southern California's Rossier School of Education, USC, Student Defense, Zavareei LLP, US, Education Department upended, Education Department, Arnold Ventures, OPM, Office, Los Angeles Times, Wall Street, Canyon University, Grand Canyon, Century Foundation, Getty, Cabrini University, Simmons University, Democratic, GAO, Republican, GOP, Universities, Protection, Consumer Financial, Bureau Locations: California, Georgetown, —, Pennsylvania, Massachusetts

☆ New York sends college acceptance letters to 125,000 high school seniors, but broader enrollment crisis may be hard to fix
▼ + stars: | 2023-06-02 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

"There's a broad-based drop in belief or trust in higher education as an institution," said Cole Clark, a managing director within Deloitte's higher education practice and co-author of a recent trends report. These days, only about 62% of high school seniors in the U.S. immediately go on to college, down from 68% in 2010. High schoolers are more interested in career trainingMost Americans still agree a college education is worthwhile when it comes to career goals and advancement. High schoolers are putting more emphasis on career training and post-college employment, the nonprofit found after polling more than 5,000 high school students six times since February 2020. Earning a college degree is almost always worthwhile

Persons: Bebeto Matthews, Cole Clark, Connie Livingston Organizations: Baruch College, Barclays Center, AP, College Board, Public, USA, ECMC Group, Junior Achievement, Citizens, Brown University Locations: Brooklyn , New York, U.S

☆ Online College Class Providers Screwing Over Students, Adding to Debt Crisis
▼ + stars: | 2023-06-01 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +18 min

She applied and was accepted to the online program in 2020. In exchange for expanding course offerings and recruiting students, OPMs receive a big chunk of the tuition revenue from the online programs, which usually cost the same as in-person schooling. While it's not always the case, many experts and grads told me that OPMs were offering online students a worse education for a sky-high price. A third-party provider to those schools, 2U signs a contract to offer services such as recruiting and technology to boost online enrollment. But beyond scandals, the everyday business of OPMs is leaving many online students with exorbitant bills, despite how cheap it is to administer the courses.

Persons: Iola Favell, Favell, Rossier, USC Rossier, OPMs, it's, grads, Eric Rothschild, John Katzman, Katzman, Clare McCann, McCann, —, Aaron Ament, Barack Obama, That's, STEFANI REYNOLDS, Helen Drinan, Cabrini University —, Drinan, Democratic Sens, Elizabeth Warren, Tina Smith, Sherrod Brown, Pearson, Rosa DeLauro, Virginia Foxx, Ament Organizations: University of Southern California's Rossier School of Education, USC, Student Defense, US, Education Department upended, Education Department, Arnold Ventures, OPM, Office, Los Angeles Times, Wall Street, Canyon University, Grand Canyon, Century Foundation, Getty, Cabrini University, Simmons University, Democratic, GAO, Republican, GOP, Universities, Protection, Consumer Financial, Bureau Locations: California, Georgetown, —, Pennsylvania, Massachusetts

☆ Meet the average South American millennial, who has no student debt but is struggling against high inflation
▼ + stars: | 2023-06-01 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +3 min

The typical South American millennial doesn't have student debt, either because they didn't go to college or because it was tuition-free. In 2021, Colombia announced that tuition would be free for 97% of all students attending public colleges and technical schools. Tuition for private colleges in Brazil and Argentina typically ranges between $2,000 and $10,000 per academic year, according to some estimates. But lower college tuition doesn't mean everyone in these countries is happy with the education system. Less well-off students in Brazil have been left to take on student debt to afford to attend the less-prestigious private schools.

Persons: millennials, Louis Fed, they're Organizations: Getty, Organisation for Economic Co, US, OECD Locations: South America, Brazil, Argentina, Colombia, United States

☆ Will the Supreme Court strike down student loan forgiveness?
▼ + stars: | 2023-05-19 | by ( Delon Thornton | ) www.cnbc.com time to read: +2 min

Student loan debt has ballooned to over $1.6 trillion for more than 45 million borrowers. In order to help working and middle-class American borrowers the Biden administration in August announced a three-part plan to forgive a portion of student loans for borrowers. It points to the fact that the Heroes Act of 2003 grants the U.S. secretary of education the authority to waive regulations related to student loans during national emergencies. Federal student loan payments won't resume until the end of August, unless the litigation over the Biden administration's student loan forgiveness plan is resolved sooner. Watch the video above to find out more about what's at stake in the student loan forgiveness battle.

☆ A College President Defends Seeking Money From Jeffrey Epstein
▼ + stars: | 2023-05-05 | by ( Vimal Patel | ) www.nytimes.com time to read: +1 min

It may seem, at first blush, an unlikely connection: Leon Botstein, the president of Bard, one of the country’s most progressive colleges, and Jeffrey Epstein, the disgraced billionaire accused of sexually abusing teenage girls. But reporting from The Wall Street Journal this week showed that Dr. Botstein did not just pursue Mr. Epstein hoping to raise money, he did so repeatedly. He made frequent visits to Mr. Epstein’s Upper East Side townhouse, and Mr. Epstein and his entourage hopped by helicopter to Bard’s lush campus in the Hudson Valley. Dr. Botstein said in interviews with The New York Times that the visits were all about funding for Bard — for the school’s commitment to social justice, its prisoner education program, its liberal arts mission. Capitalism is a rough system.”

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