Student Aid Policy

Proposed changes to the Education Department’s definition of third-party servicers would stifle innovation and increase costs to colleges and students, Representative Virginia Foxx writes.

The department’s guidance expanding the definition of third-party servicers has already been delayed until September because of initial pushback from the higher education industry.

The new application is one piece of a broader overhaul of the student financial aid system that’s taking longer than initially planned.

The administration also wants $90 billion over 10 years to make two years of community college free.

As the Supreme Court hears two challenges to the Biden administration’s debt-cancellation plan, Nicholas Hillman offers a guide to the key issues at stake and what to listen for.

Stanford cited inflation as the cause for a 7 percent tuition hike, which will be offset by increased aid for many students. Experts expect less severe increases at other institutions.

The Education Department received nearly 13,000 comments about its planned income-driven repayment overhaul, which it wants to carry out this year. But first, it will have to review all the comments.

Overhauling the federal financial system and simplifying the Free Application for Federal Student Aid is a significant undertaking for the Education Department. Although the agency is making progress on the project, officials said this week the application might not be ready by Oct. 1.