NEW YORK — Students took on more student-loan debt than they needed or could handle, during a borrowing boom from 2004 to 2008, largely due to relaxed borrowing standards set by private lenders, according to research from the Consumer Financial Protection Bureau and U.S. Department of Education released Friday. The students who took out those [...]
Carrie Parker likes to say that her story isn’t a “typical homeless story.” It started with a teenager “knocking on my door, asking for a place to stay,” she said recently at her home in Adrian, Mich. The teenager was her ex-husband’s daughter and she’d run away. Parker decided to adopt her, but first she [...]
Among recent top stories: the Obama Administration’s move to remake K-12 education policy and significantly strengthen the hand of the federal government in the process. While policymakers on both sides of the aisle have been talking more than acting, the Administration has been diligently preparing its battle plans for an overhaul of No Child Left [...]
Colorado Democratic Senate President Brandon Shaffer is seeking an emergency audit of online K-12 schools. In a letter to lawmakers Monday, Shaffer said he had “serious concerns” about student failure rates and initiatives that seek to gain state funding through increased enrollment, the Associated Press reports. He wants by January a report on how much [...]
Rep. Michele Bachmann (R-Minn.), told a forum today that if elected president, she would consider cutting several federal programs and institutions, including the Department of Education — reiterating a stance she’s mentioned before. Her comment was in response to an inquiry by Sen. Jim DeMint (R-S.C.) at the Palmetto Freedom Forum in South Carolina Monday. The [...]
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