financial aid
Biden forgives student loans of 317K art students 'cheated' by school promising careers
"Today, my Administration is approving $6.1 billion in student debt cancellation for 317,000 borrowers who attended the Art Institutes," Biden said in a statement.
Biden administration official responsible for botched FAFSA overhaul steps down
Richard Cordray’s FAFSA form overhaul has been dogged by glitches and delays, preventing millions of students from hearing back about how much money they’ll need to fork over to attend...
FAFSA workaround allows Texas students with non-citizen parents to apply for financial aid
A workaround to a glitch in the Free Application for Federal Student Aid (FAFSA) reportedly allows Texas students with immigrant, non-citizen parents to apply for financial assistance to colleges before the March...
JPMorgan CEO Jamie Dimon throws doubt on 'Goldilocks' economy, cites 'huge deficit'
JPMorgan boss Jamie Dimon warned that a so-called "Goldilocks" economy -- with growth that's not too hot or too cold -- may not save the US from a recession as...
JPMorgan claims entrepreneur featured in Forbes duped bank into buying $175M startup: suit
Charlie Javice, who was featured on the Forbes "30 under 30" list, was named in the lawsuit filed in Delaware federal court by JPMorgan Chase.
Judge refuses to toss financial aid lawsuit against top colleges
The schools' lawyers have argued that their clients' discussions about financial aid policy were exempt from US antitrust liability.
Bursar at CUNY college charged with stealing $500K in student funds
Former bursar Joseph Boselli is accused of pocketing more than 900 checks issued to hundreds of students at the City University of New York college between August 2012 and November...
Businesses are struggling to hire workers — and say Uncle Sam is to blame
Workers are hard to find despite the vaccination rollout and a stubbornly high unemployment rate — and business owners say Uncle Sam is to blame.Just this past Monday, Sean Macari,...
More high school seniors skip out on college planning amid COVID-19
New federal applications for college aid this year have dropped 17% from 2019 — sparking fears that COVID-19 concerns could drive high school seniors to postpone college or skip it...
How the pandemic should make us rethink college financial aid
‘Why should we reward colleges with more funds for raising their rates?’ Applications for college financial aid are down dramatically this year. Yet given the economic crisis, it’s a safe...