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.” Colleges and universities distributed over $160 billion in grant aid to undergraduate and graduate students in the 2023-24 academic year. Over half (52%) came from the institution, 28% came from the federalgovernment, and 9% from state sources. Since 2013-14, institutional grant aid for all students rose by $19.6
It also announced it would seek to ban Andrew Clark, the CEO of Ashfords demised parent company, Zovio, from contracting with the federalgovernment. In fact, at a hearing focused on Ashford way back in 2011, then-Senator Tom Harkin (D-IA) declared Ashford an absolute scam.
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