Nelnet

Omaha World-Herald and Inside Higher Education Report on Higher Ed Watch's Investigation of Nelnet Campaign Contributions

The Omaha World-Herald and Inside Higher Education cite Higher Ed Watch's investigation of Nelnet's campaign contributions. Higher…

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.

Guess who tied for the single largest individual campaign contribution to the National Republican Congressional Committee (NRCC) in 2006? The Nelnet student loan corporation's top three executives. Guess which company provided the single, largest corporate donation to the NRCC? Yup, Nelnet. Not a pharmaceutical company or tobacco company or oil company. Nope, a…

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.

Is it a good idea for the country to have for-profit student loan companies so heavily involved in the student financial aid process? Might they not encourage higher prices and more borrowing?

Higher Ed Watch already has called on…

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.

New Research Center to Focus on Access and Drop-Out at Two-Year Colleges

A new postsecondary research center announced yesterday that it will study college access and completion at two-year institutions. The National Center for Postsecondary Research…

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.

U.S. Education Department Withholds Three Month $10 million Subsidy Payment to Nelnet

After an Education Department Inspector General audit found systematic overbilling of taxpayers by the Nelnet student loan corporation, the Department decided last week to…

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.

Pennsylvania's Higher Education Assistance Agency (PHEAA) is now being audited by the Inspector General for 9.5% student loan billing problems. The guarantee at issue provided student loan companies a taxpayer subsidy on top of student interest payments in…

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.

Last month, opinion leaders in Pennsylvania took aim at big bonuses doled out to the top executives of the Pennsylvania Higher Education Assistance Agency (PHEAA). First, Governor Rendell questioned why the bonuses should be so large - over $400,000 in one case alone - when PHEAA funds ought to be…

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.

The Education Department's Inspector General has called on student loan giant, Nelnet, to return more than $278 million in taxpayer subsidy payments and halt billing the U.S. Treasury an additional $882 million. That's almost $1.2 billion in taxpayer subsidies that could go to students instead of Nelnet. It's now up to Education Secretary Margaret Spellings…

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.

The Department of Education's Inspector General (IG) has called on Nelnet to return $278 million in taxpayer subsidy payments for a controversial student loan accounting practice and halt billing the Department of Education more than $882 million in future taxpayer subsidy payments. The breathtaking audit is sure to…

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.

The Department of Education's Inspector General (IG) has called on Nelnet to return $278 million in taxpayer subsidy payments for a controversial student loan accounting practice and halt billing the Department of Education more than $882 million in future taxpayer subsidy payments. The breathtaking audit is sure…

Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.