Private college tuition discount rate climbs amid pandemic
INSIDE HIGHER ED — The COVID-19 pandemic exacerbated already-existing trends, pushing the average tuition discount rate for first-time undergraduates to 53.9 percent this year. Expect discounting to keep climbing even after the pandemic subsides.
Read More about Private college tuition discount rate climbs amid pandemicFlorida Coastal Law suspended from federal student loan program
JAX DAILY RECORD — Florida Coastal School of Law says a “procedural matter” resulted in its termination from the federal student loan program, triggering the process for closing the school.
Read More about Florida Coastal Law suspended from federal student loan programUC Irvine Law launches Newmeyer Dillion Diversity Scholarship
UC IRVINE SCHOOL OF LAW — The University of California, Irvine School of Law (UCI Law) is pleased to announce the creation of the Newmeyer Dillion Diversity Scholarship.
Read More about UC Irvine Law launches Newmeyer Dillion Diversity ScholarshipUniversity of Baltimore Law launches scholarship for post-JD Certificate in Family Law
UNIVERSITY OF BALTIMORE SCHOOL OF LAW — The American Academy of Matrimonial Lawyers (AAML) – Maryland Chapter has funded a new scholarship for the Post-J.D. Certificate in Family Law. Starting in Fall 2021, students enrolled in the program can begin to receive the award. This new scholarship is funded by the AAML-Maryland Chapter’s three-year commitment of $3,000…
Read More about University of Baltimore Law launches scholarship for post-JD Certificate in Family LawCongress proposes Pell Grant expansion
THE HECHINGER REPORT — The proposals would expand eligibility to short-term certificate programs, increase grants by $400 and allow DACA students to apply for the first time.
Read More about Congress proposes Pell Grant expansionBiden administration proposes free community college and expansion of Pell Grants
INSIDE HIGHER ED — President Biden wants $109 billion for two-year colleges, $80 billion addition for Pell Grants, $62 billion for retention and completion efforts, and $39 billion for two free years at minority-serving institutions for most students.
Read More about Biden administration proposes free community college and expansion of Pell GrantsHigher education leaders support Biden administration’s American Families Plan
INSIDE HIGHER ED — Reactions in higher education to President Biden’s proposal for tuition-free community college, increased Pell Grants and tuition aid for students at minority-serving institutions have been largely positive, but the plan won’t be easy to get through Congress.
Read More about Higher education leaders support Biden administration’s American Families PlanWhat federal student loan forgiveness proposals may mean for law school debt
ABA JOURNAL — People with law school loans could benefit if President Joe Biden authorizes a plan to forgive all or a portion of student debt, but it could exclude those who owe private lenders and impose limits based on income, experts say. Forgiving private school loan debt “would require the government to pay private lenders.”
Read More about What federal student loan forgiveness proposals may mean for law school debtUS Department of Education terminates Florida Coastal Law’s federal student loan eligibility
ABA JOURNAL — The U.S. Department of Education has terminated the Florida Coastal School of Law’s access to federal student financial aid, and the for-profit school has been directed to file a teach-out plan with the ABA’s Section of Legal Education and Admissions to the Bar.
Read More about US Department of Education terminates Florida Coastal Law’s federal student loan eligibilityFew borrowers benefit from Public Service Loan Forgiveness
CNBC — The Biden Administration has indicated the president will call on Congress to forgive $10,000 in student debt for all borrowers — a step down from what leaders of his own party have called for. House and Senate Democrats have urged President Biden to “broadly” forgive up to $50,000 of federal debt through executive order.
Read More about Few borrowers benefit from Public Service Loan Forgiveness