Northwestern University has agreed to pay $75 million to restore $750 million in federal funding that was suspended over government allegations of "unlawful discrimination."
Financial aid offices are buckling under rising demands and shrinking resources, impacting student services, according to a five-year report from NASFAA.
Student loans and Pell Grants are safe but Secretary of Education Linda McMahon says she has started the process of shutting down the Department of Education.
About half of all surveyed private colleges and universities said their incoming class was "more difficult" to fill, and 44% reported a smaller incoming class, according to a survey from NAICU.
The Office of Federal Student Aid plans to implement a phased rollout beginning Oct. 1 to resolve any system errors. However, some stakeholders are airing their concerns.