Written by: Alexis Gravely Published by: Inside Higher Ed MBA News Digest Comment: None. Extracted Content: The Office of Federal Student Aid at the Department of Education has updated two of its quarterly portfolio reports with new figures on student loans, showing that the federal student aid portfolio has increased by $49 billion since this time last year. The outstanding federal student … [Read more...] about Department of Education Releases Updated Student Aid Data
Written by: Josh Mitchell Published by: The Wall Street Journal MBA News Digest Comment: Is anyone asking what happens to graduate student applications and enrollments if a large number of these students default? Extracted Content: In 2018, Betsy DeVos, then U.S. education secretary, called JPMorgan Chase & Co. Chief Executive Jamie Dimon for help. Repayments on federal student loans had … [Read more...] about Is the U.S. Student Loan Program Facing a $500 Billion Hole? One Banker Thinks So.
Content written by Kelsey Gee and published by The Wall Street Journal. MBA News Digest Comment: None. Extracted Content: The cost of getting an M.B.A. has risen sharply in recent years. Now the Education Department is providing an in-depth look at how much government debt students who pursue the degree are taking on. Data released by the department show that roughly 92,800 people who … [Read more...] about M.B.A. Students Have Billions in Federal Loans, Data Show