FTC Opens the Door to More Defense to Repayment Claims for Student Loan Forgiveness

The FTC made the announcement below that seems to open the door for students with federal student loans to explore the possibility of applying for a Borrower Defense Loan Discharge. The Federal Trade Commission put 70 for-profit higher education institutions on notice that the agency is cracking down on any false promises they make about … Read more

College Students Are Paying For Stuff at School They Don’t Need

Perhaps the most inane car insurance commercial ever aired is one by Liberty Mutual: “Only pay for what you need.” Apparently, Liberty Mutual wants auto drivers to believe that it is the only insurance company that allows customers to buy car insurance tailored to their needs. But doesn’t every insurer do that? Nevertheless, the slogan … Read more

With less than 100 students, Judson College will file for bankruptcy and close

Judson College, a Baptist school for women, announced that it will close its doors in July and file for bankruptcy. Only 12 new students enrolled at Judson for the 2021 fall semester, and only 80 current students committed to returning in the fall. As a Baptist news story commented, “Operating a college for fewer than … Read more

Is Getting an MBA Worth It?

The question of whether it’s worthwhile to obtain a Master’s in Business Administration—an advanced and versatile degree that can help people ascend into management analysis and/or strategy roles—is a highly personal one without a real single objective answer. As usual with financial and personal decisions, the answer tends to be “it depends.” The last decade … Read more

Do College Credits Expire?

You’ve probably seen them on the TV news, or found their photos in your Facebook feed: Men and women in their 80s and 90s who’ve finally realized a long-held dream of earning a college degree. And perhaps, inspired after hearing their stories, you wondered to yourself: Hmmm. I would love to go back to college … Read more

The Child Care Industry Was Collapsing. Mrs. Jackie Bet Everything on an Impossible Dream to Save It.

Father and Child

Jackie Thomas pulled up to her child care center, Damion’s Place, picked up the mail and stretched out beside a baby on a giraffe-printed playmat. She opened a letter from state regulators who had sent over a motion in their case to shut her down. In the chaos of the past year, they’d found Jackie’s … Read more

New Law May Cause For-Profit Colleges to Collapse

The House of Representatives passed a $1.9 trillion relief bill a few days ago, and the legislation is now before the Senate. House Democrats inserted a provision that would modify an obscure statute that requires for-profit colleges to obtain at least 10 percent of their revenues from non-federal student aid. The purpose of the 90/10 … Read more

What Happens When Your Liberal Arts Degree Doesn’t Pay Off?

Late last year, the University of Vermont announced it will shut down two dozen academic programs with low enrollment. Geology, religion, and Asian studies are on the chopping block, along with several language programs–Greek, Latin, and German. At least three departments will close Religion, Classics, and Geology. Some minors are being eliminated–Theatre and Vermont Studies. … Read more

How to Afford to Go Back to School as an Adult

Adults are going back to school for lots of different reasons these days, including career changes, keeping up with developments in their field, learning new skills, and personal enrichment. At many colleges, students may be senior executives, retirees, or working moms. Going back to school when you’re older, whether it’s to get an advanced degree, … Read more