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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 …

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Get a College Degree Courtesy of Covid

I bought a Subaru in 2019, and the company promised to make a $250 donation to one of four Subaru-selected charities. Subaru calls this program “Share the Love.” As I recall, I selected Meals on Wheels, and I was glad to have Subaru donate some money to that worthy charity on my behalf. Nevertheless, I …

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Will an Ivy League Degree Make You Less Employable?

By Richard Fossey In a recent Wall Street Journal essay, R. R. Reno, Editor of First Things, wrote that he had stopped hiring graduates from elite colleges. He noted that he had watched a Zoom meeting of students at Haverford College (Reno’s alma mater), where students displayed “a stunning combination of thin-skinned narcissism and naked …

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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 …

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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 …

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