Yahoo! News: Education News

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Can a New Website Put a Stop to Student Debt Relief Scams? Posted: 05 Apr 2016 02:52 PM PDT Now, the U.S. Department of Education hopes to make it simpler for borrowers to pay it all back. The changes seem targeted to squash the numerous scams—"cut your student loan bills in half!"—targeting folks who owe money borrowed for their education. "This year, our goal is to build a new state-of-the-art loan servicing system—one that creates incentives and guidelines that support a more user-friendly single online loan management platform with high-quality, one-on-one customer service that provides the help and guidance borrowers need when they have questions or their circumstances change," Ted Mitchell, under secretary of education, wrote in a blog post on the department's official website.

Illinois lawmaker seeks revamp of school funding formula Posted: 05 Apr 2016 02:36 PM PDT Illinois would rip up its nearly 20-year-old school funding formula and replace it with one that would send more money to districts with high levels of poor students, including the cash-strapped Chicago Public Schools (CPS), under a proposal unveiled by a state lawmaker on Tuesday. Democratic State Senator Andy Manar said he will file legislation on Wednesday to establish a more equitable school funding system that will drive resources to high-need, high-poverty districts. CPS, the nation's third-largest public school system, has been fighting for higher state funding, particularly for its teachers pension fund.

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