Education Department Proposes to Repurpose Federal Student Education Loans as Private Loans

Education Department Proposes to Repurpose Federal Student Education Loans as Private Loans

At the Education Department’s Federal scholar Aid seminar the other day, three of us sat straight down at a late-add session on a fresh and unprecedented test the Department is likely to implement, aided by the reported objective of increasing “institutional investment in pupil success. ” The presentation offered some insight that is long-sought a surprising announcement about possible federal funding for income-share agreements created by a high-ranking Department official at a meeting previously this year. Continue reading