#higher-education-funding-crisis

#higher-education-funding-crisis

The One Big Beautiful Bill Act includes the largest overhaul to the federal student aid system in decades, limiting loan repayment and debt forgiveness options for borrowers.

The insights from this report help us think about potential gaps in the loss mitigation waterfall and the types of homeowners who may benefit from targeted support when they experience a crisis.

The 13-member panel, comprised largely of state officials, think tank researchers and higher ed lawyers, spent the last four days negotiating the rules of a new college earnings test called Do No Harm-which applies to all degree programs-as well as changes to the existing gainful-employment rule, an accountability metric that only applies to certificate programs and for-profits. The department's proposal, which aligns the two accountability

"softening,"

While overall more people are choosing college, there are important shifts happening in where students are going and where they're not. Enrollment at private four-year colleges is down. Fewer people are enrolled in master's degree programs. But enrollment is up at four-year public universities and at community colleges. There, it's driven by students choosing short-term credentials tied to the workforce.

"Here's the reality: When you come to the table prepared with smart and dedicated people that are focused on a clear goal, you can move quickly and intentionally without sacrificing the thoroughness and the careful deliberation that this process deserves,"