New York Times:
Mr. Duncan also said the department planned to develop a process to allow any student — whether from Corinthian or elsewhere — to be forgiven their loans if they had been defrauded by their colleges. A special master would be appointed within three weeks, department officials said, to create procedures to apply for relief that are “durable, not just for Corinthian but beyond.”Previously, previouslier. [more inside]
Potty-Mouthed Princesses Drop F-Bombs For Feminism (YouTube; NSFW), FCKH8's new video campaign, has gone viral - attracting both praise & criticism. FCKH8's campaigns have sparked similar mixed reactions before. [more inside]
"Obama’s new education policy neatly showcases the spectrum of choice we now have in our political system: to be ground down a bit at a time by technocrats who either won’t admit to or do not understand the ultimate consequences of the policy infrastructures they so busily construct or to be demolished by fundamentalists who want to dissolve the modern nation-state into a panoptic enforcer of their privileged morality, a massive security and military colossus and an enfeebled social actor that occasionally says nice things about how it would be nice if no one died from tainted food and everyone had a chance to get an education but hey, that’s why you have lawyers and businesses."
The Government Accountability Office discovered that "23% [of for-profit university graduates] default [on their student loans] after four years compared to fewer than 10% of public-university grads." Unless for-profit universities can prove at least 45% of their students repay their debts (one among a number of benchmarks,) said universities may lose federal funding.