Tag Archives: education

Education Department launches office of enforcement to ‘vigorously’ increase oversight

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

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Education Department discharges $1.1 billion million in debt for 115,000 ITT students

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

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Oregon Dept. of Education, Google partner to offer free teacher training, certifications

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

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Education secretary says ‘politics has no place’ in reopenings

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

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Yandex N.V. (YNDX), RYB Education Inc. (RYB) – BOV News

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

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‘Betsy DeVos was a disaster for education’

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

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Should Big Test remain as gatekeeper of higher education?

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

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Education Department discharges $500 million in debt for 18,000 ITT students in sign of borrower defense progress

The Education Department (ED) is discharging $500 million in student loan debt held by 18,000 borrowers who had been defrauded by now-defunct for-profit chain ITT Tech, a sign that the Biden administration is working to address the borrower defense backlog.  “Our action today will give thousands of borrowers a fresh start and the relief they deserve after ITT repeatedly lied to them,” Education Secretary Miguel Cardona said in a statement. “Today’s action is part of the Biden-Harris… Source link

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Education Department revokes Trump-era rules that protected student loan servicers

The New York Times Prosecutors Investigating Whether Ukrainians Meddled in 2020 Election Federal prosecutors in Brooklyn have been investigating whether several Ukrainian officials helped orchestrate a wide-ranging plan to meddle in the 2020 presidential campaign, including using Rudy Giuliani to spread their misleading claims about President Joe Biden and tilt the election in Donald Trump’s favor, according to people with knowledge of the matter. The criminal investigation, which began… Source link

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Former Education Department boss argues against student loan forgiveness and free community college

An Education Department (ED) secretary during the George W. Bush administration said she was opposed to student debt cancellation and free community college because those policies would distort the value and price of post-secondary education credentials. “We need to empower consumers with better information about how much they spend and what the value of it is in the marketplace,” former Education Secretary Margaret Spellings said on Yahoo Finance Live (video above). “We need to reward… Source link

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