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Podcast Series: Innovations in Education

Explore the full series of eCampus News podcasts hosted by Kevin Hogan—created to keep you on the cutting edge of innovations in education.

143,000 students to lose Pell Grant funding in 2012

An analyst says Congress 'knowingly' underfunds Pell Grants.

Congress’s latest omnibus spending bill will effectively eliminate federal Pell Grant funding for an estimated 143,000 low-income college students starting in July. The Pell Grant cuts come just a month after budget estimates showed the popular program would run a surplus in 2012.

The Republican-controlled House of Representatives and the Democratic-controlled Senate passed a $1 trillion spending measure Dec. 19 that included major changes to Pell Grant eligibility.

Students who take more than six years to earn a college degree no longer will qualify for Pell Grant money, meaning 63,000 recipients will have to look elsewhere for tuition. The former eligibility cap was for students who had taken nine years to finish school.…Read More

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Students, lawmakers question value of for-profit colleges

A Senate report revealed abysmal graduation rates at some for-profit schools.

Taryn Zychal thought she’d be working as an industrial designer after graduating from the Art Institute of Philadelphia. Instead, it’s the debt collection agencies that are working overtime, calling her nearly 30 times a day from 8:30 in the morning to 9:30 at night.

The 27-year-old says she has around $150,000 due in loan payments from attending the private, for-profit university, but Zychal said she couldn’t get a job in her chosen field, and not one of her credits would transfer when she tried to switch to another school.

With what she says is a useless degree, she can’t pay her loans, which cost $1,500 a month.…Read More

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For-profit regulations, Pell Grants survive budget compromise

Experts expect lawmakers to keep Pell Grant funding at its current level.

Washington’s last-minute budget deal did not include a provision that would have killed a stringent for-profit college regulation, and Pell Grants remained intact despite deep cuts in education spending over the next six months.

The for-profit regulations pushed by the Obama administration for more than two years would affect some of the nation’s largest online colleges, such as the University of Phoenix and Kaplan University, by stripping schools of federal loan money if too many of their students maintain high loan debt-to-income ratios, among other provisions.

Read more on for-profit college regulations……Read More

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For-profit schools hit back as ED finalizes regulations

Duncan has received a series of letters from members of Congress opposing a for-profit crackdown.
Duncan has received a series of letters from members of Congress who oppose a for-profit crackdown.

The U.S. Education Department (ED) will take longer than expected to formulate new regulations for for-profit colleges, and private-sector school officials expect about 1,000 students to speak out against the government’s measures at a rally planned for Sept. 29 in Washington, D.C.

For-profit colleges have campaigned hard against the “gainful employment” rule, which would cut off federal aid to college vocational programs with high student debt levels and poor loan repayment rates. They’ve lobbied Congress, purchased newspaper ads, and helped students and others register complaints with ED.

The government was to publish its final rules by Nov. 1, but ED officials announced a new timeline on Sept. 24, saying sections of the plan would be ready by Nov. 1 and the remaining portions will be published in early 2011.…Read More

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