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Private Colleges Focus on Affordability
New campus affordability measures are helping to keep students' and families' out-of-pocket costs as low as possible. Tuition cuts and freezes, three-year degree programs, and more. Complete list
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Federal Student Loan Profits Help Duncan Cut Education Spending To Lowest Level Since 2001
November 18, 2013
The U.S. Department of Education says it has been working to help borrowers who are struggling under the weight of crushing student loan debt. But as Washington focuses on reducing annual federal budget deficits, the huge profits off those same borrowers may prove too alluring for Education Secretary Arne Duncan. In the fiscal year ending Sept. 30, his department reaped more than $42.5 billion in profit from federal student loans, according to federal budget documents.