Breaking News: Criminal Charges Filed Against Matteo Fontana
In April 2007, Higher Ed Watch revealed that Matteo Fontana, a former high-ranking official in the U.S. Department of Education's Federal Student Aid office, had held at least $100,000 of stock in a...
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Recipient Reported Education Stimulus Data a Challenge to Decipher
Last Friday, the first round of recipient reported Recovery Act grant and loan data was made available on the Recovery.gov website. Much like the previously released federal contract data, this wave of...
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Fontana's Follies and the Downfall of the Student Loan Industry
The news that Matteo Fontana, a former high-ranking official at the U.S. Department of Education, has pleaded guilty to charges that he lied to the government about his ownership of stock in a student...
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Comparing Department of Education and Recipient Reported Stimulus Data
When Congress passed the American Recovery and Reinvestment Act (ARRA), they included extensive data reporting requirements so that the public could closely track expenditures. Now that the recipient...
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Department of Education Releases Phase 2 State Fiscal Stabilization Fund...
Yesterday the Department of Education released the finalized applications for Phase 2 of the State Fiscal Stabilization Fund (SFSF). The SFSF, a major component of the American Recovery and...
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Delay or No Delay, Change is on the Way
Back in September, we predicted that we'd all be in for "a wild ride" as legislation to overhaul the federal student loan programs makes its way through Congress. Boy, were we wrong. Instead, progress...
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The Loan Industry’s Friends in Congress Go on the Attack
Earlier this week, we called attention to the fact that some of the student loan industry's most fervent supporters in the financial aid world are potentially putting their schools and students at risk...
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Comparing House and Senate School Facilities Programs in the Student Loan Bill
In July we analyzed funding for K-12 school facilities in the student loan reform bill, the Student Aid and Fiscal Responsibility Act, as passed by the House Education and Labor Committee. The full...
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Greetings from the Financial Aid Office!
[Last week, we reported (see here and here) on the fact that some of the student loan industry's most fervent supporters in the financial aid world are potentially putting their schools and students...
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The Proliferation of Federal High School Intervention Programs
The dismal state of America's high school graduation rates - less than 75 percent nationally and below 50 percent in some areas - has become a key federal public policy issue in the last decade....
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