Tag Archives: education

Remember Bishop Sycamore? The high school football team no one had heard of that lost 58-0 to IMG Academy in a game that was somehow broadcast on ESPN? The game took place in Canton, Ohio, in August, and on Friday, the Ohio Department of Education released the report from its monthslong investigation of the school. Turns out it’s not a school at all. In the 41-page report, investigators determined that Bishop Sycamore “is not a school as it purports on paper to be.” They couldn’t confirm… Source link

The Education Department rolled out a series of major changes to the troubled Public Service Loan Forgiveness (PSLF) program for student loan borrowers in public service in October, and the level of debt cancellation is topping even the government’s estimates. According to a tweet by Education Secretary Miguel Cardona on Thursday, roughly 10,000 borrowers who were on PSLF have already had $715 million erased because of the change in policy and another 20,000 will be notified in the “coming… Source link

The Education Department’s (ED) office of Federal Student Aid (FSA), which oversees the government’s massive student loan portfolio, is launching stronger standards for student loan servicers in an effort to tighten oversight. “FSA is raising the bar for the level of service student loan borrowers will receive,” FSA Chief Operating Officer Richard Cordray said in a statement.  As payments are set to resume on January 31, 2022, the agency’s moves — which follow on the back of recent news… Source link

The Education Department’s (ED) office of Federal Student Aid (FSA), which oversees the government’s massive student loan portfolio, is launching an Office of Enforcement to “vigorously” increase oversight of postsecondary schools that participate in federal student loan programs. “Vigorously ensuring that schools are adhering to the federal student aid program rules and delivering quality education to students is critical in America’s ability to build back better,” Under Secretary… Source link

The Education Department (ED) is discharging $1.1 billion for 115,000 defrauded former students of the for-profit ITT Technical Institute (ITT) after a new review of existing regulations. ITT Technical Institute filed for bankruptcy in 2016 and shut down all campuses, affecting 149 locations and roughly 40,000 students, amid lawsuits and investigations over alleged predatory lending practices. “For years, ITT hid its true financial state from borrowers while luring many of them into taking… Source link

SALEM, Ore. (KTVZ) — The Oregon Department of Education announced Tuesday a new collaboration with Google to provide free professional training and certifications to Oregon public school teachers who successfully apply for the program. The partnership will offer courses for Google for Education Level 1 Certification, which equips teachers with skills and tools to manage coursework, inspire learning and boost collaboration to improve student outcomes further using Google’s… Source link

When it looks like the U.S. has the answers to the pandemic, COVID-19 keeps changing the questions. Parents and teachers must now contend with the Delta variant as millions of students starting or preparing to go back to school. U.S. Secretary of Education Miguel Cardona told Yahoo Finance that he is paying attention not just as a federal official but also as a father. “I want to make sure that when my children return to school, I’m sending them to an environment that’s taking all the… Source link

GOLDMAN SACHS ASSET MANAGEMENT I bought a fresh place in Yandex N.V. (NASDAQ:YNDX). The institutional investor bought 1.2 million shares of the stock in a transaction took place on 7/08/2021. In another most recent transaction, which held on 6/30/2021, NORDEA INVESTMENT MANAGEMENT AB bought approximately 134.1 thousand shares of Yandex N.V. In a separate transaction which took place on 5/31/2021, the institutional investor, EAST CAPITAL FINANCIAL SERVICES bought 113.1 thousand shares… Source link

The Education Department (ED) under the Trump administration unleashed a lot more harm than good for students across the country, according to former Education Secretary John B. King Jr.  “The reality is [former Education Secretary] Betsy DeVos was a disaster for education,” King said on Yahoo Finance Live (video above). “It’s true for K-12. It’s also true for higher ed.” King, who served as Education Secretary during the final months of President Obama’s second term and is currently Source link

Colleges are increasingly making standardized tests optional for applicants, leading to questions about whether or not the companies profiting from broad-based testing should be the de facto gatekeepers of the higher education admissions system. “The test prep industry has become a multi-billion dollar industry, and it’s growing and expanding at a high rate,” Susan Paterno, a professor of English and director of the journalism program at Chapman University and previously served on a… Source link