Another appeals court rejected President Biden's bid to reinstate his student debt plan on Wednesday, marking the latest legal setback in the administration's effort to forgive up to $20,000 in debt.
More than half of the 14 top-ranked law schools in the United States have said over the past six days that they will no longer participate in U.S. News & World Report’s influential rankings, including those at Yale, Harvard and Stanford universities.
The emails being sent by the Department of Education to applicants of the relief program read: "We reviewed your application and determined that you are eligible for loan relief under the Plan."
About 650 schools were graded based on the clarity of requirements and award amounts, as well as consistency in the application process. Colleges face no transparency requirements in issuing merit-based scholarships, "leaving each college to decide how upfront or opaque it wants to be," according to the CAP Report Card released by College Aid Pro.
A pair of veteran college basketball players plan to use Wednesday night's game between Pittsburgh and No. 20 Michigan to start publicly campaigning for the NCAA and its schools to share revenue with athletes.
“Unless the [Education] Department is allowed to provide debt relief, we anticipate there could be an historically large increase in the amount of federal student loan delinquency and defaults as a result of the COVID-19 pandemic,” Education Department Undersecretary James Kvaal said in the filing.
