Nov 9, 2019

“Students were failed": Trump admin cancels 1,500 student loans

Betsy DeVos Photo: Tom Williams/CQ Roll Call/Getty Images

The Department of Education will cancel federal loans for about 1,500 defrauded students at two shuttered art institutions, reports the New York Times.

Why it matters: This represents a "rare victory" from Secretary of Education Betsy DeVos, who has limited relief programs for students who claim they've been deceived by the "career-school chain," writes the Times.

Yes, but: Some borrowers will still owe money on the federal loans they took out before Jan. 20, the department wrote in an email sent Friday.

Context: Students at the Art Institute of Colorado and the Illinois Institute of Art sued the Education Department in October to have their loans cleared, per the Times.

  • The schools' closures were part of an ongoing saga involving Dream Center Education Holdings — which owned several schools part of the Art Institutes, South University and Argosy University brands, according to the Times.
  • The Dream Center, owned by a Christian nonprofit, purchased the for-profit schools in 2017, and suddenly closed them a year later with millions of dollars in federal financial aid still missing, per the Times.

Go deeper:

Go deeper

International college student enrollment falls for third consecutive year

George Washington University students. Photo: Toni L. Sandys/The Washington Post via Getty Images

A new Institute of International Education report shows that the number of international students newly enrolled in U.S. colleges and universities fell by 1% last academic year, per AP.

Why it matters: The drop marks the third consecutive year that enrollment for international students dipped, following 7% and 3% decreases in the two previous years, which were the first downturns in more than a decade.

Go deeperArrowNov 18, 2019

Survey: Chinese students outperforming in reading, math and science

Grade three senior high school students study for the upcoming 2019 National College Entrance Exam in Beijing. Photo: Visual China Group/Getty Images

Chinese students tested better in reading, math and science than students in any other country, according to a triennial study conducted by the Organisation for Economic Co operation and Development (OECD).

The big picture: “The quality of their schools today will feed into the strength of their economies tomorrow,” OECD Secretary General Angel Gurria told Bloomberg. Most other OECD countries saw no overall improvement in their students' performances since they were last tested in 2015.

Go deeperArrowDec 3, 2019

Bernie Sanders becomes top candidate for college students

Data: College Reaction; Note: *Kamala Harris dropped out Dec. 3, results have a ±3.1 margin of error; Chart: Axios Visuals

Over the last two months, Bernie Sanders has overtaken Elizabeth Warren as the top 2020 Democratic candidate among college students, according to a new College Reaction/Axios poll.

The big picture: Warren's recent decline among college students mirrors polling of the general population, but while Pete Buttigieg has been gaining among all voters during that time, Sanders is the one who's gained the most among students.

Go deeperArrowDec 5, 2019