The U.S. Department of Education on Friday announced federal student loan discharges for thousands of students who attended several now-shuttered for-profit colleges, including five campuses in Massachusetts.
The nation's largest accreditor of for-profit colleges has effectively been shut down, losing the right to certify schools. The final decision from the U.S. Department of Education comes in the waning days of the Obama administration, which has regulated the for-profit sector.
Making higher education more affordable has been front and center during the 2016 U.S. presidential election. How did the issue - once scarcely talked about by candidates - make its way into national politics?
College is usually an opportunity for students hoping to get ahead and improve their lives. But that promise can lead to disappointment for low-income parents if they can’t find affordable, high-quality childcare. A school in Massachusetts has been trying to change that.
After a three-week strike, Harvard University and the union representing its cafeteria workers have reached a labor agreement. Union organizers and students have argued that Harvard can afford to pay the workers higher hourly wages, in part, because of its $37.6 billion endowment. While multi-billion dollar university endowments provide great independence, they also introduce something of a moral dilemma for wealthy schools.