Government

A survey by New America shows Americans aren’t convinced of the return on investment of a college degree.

The new rules, which make it easier for a defrauded borrower to seek debt relief, apply to claims pending on July 1 or received on or after that date. 

The Supreme Court ruling sent institutions scrambling to ensure compliance. Some say it’s also enabled politically motivated overreach.

Report says current rules set inconsistent and sometimes inadequate expectations regarding student achievement, but it stops short of suggesting “bright-line” standards for agencies.

Colleges and governments offer financial and academic support for these students, but there’s no set standard among colleges for what the term means, as limits on affirmative action raise the stakes.

Requirements were aimed mostly at for-profit companies colleges hire to run their online programs. Nonprofits that help students attend and complete college feel caught in the crossfire.

At 24 institutions, students have accumulated more than $25 million in interest five years into repayment, while at one university, balances grew by $289 million.