Remove Administration Remove Grants and Contracts Remove Student Financial Aid
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Budget Freezes Are Coming for Higher Education

Robert Kelchen

Im now a veteran department head at a much better resourced university, but higher education is facing more uncertainty now than since March 2020 due to the bulldozer of the Trump administrations attempted and proposed changes. The higher education field still bears scars from the pandemic, and one key one is the need for financial liquidity.

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How big is the money portfolio in the Department of Education?

University Business

To better understand the administration’s agenda, its important to know what the department is responsible for in terms of spending. Those figures are significantly lower than FY2022when the Biden administration expanded student loan forgiveness programs. Its student loan portfolio stood at $1.47 Loans: $85.8

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McMahon: Funding is safe but mass layoffs are “first step” to full closure

University Business

(LATEST UPDATE: March 12) Student loans and Pell Grants are safe, but this week’s mass firings at the Department of Education represent the “first step” of President Donald Trump’s plan to shut down the agency, Secretary of Education Linda McMahon says. ” (LAST UPDATE: Feb. ” (LAST UPDATE: Feb.