Author: administración

New Department of Education Building in Washington D.C. Photo: Robert Farrington/The College Investor The U.S. Department of Education, working with its Office of Inspector General, says it has uncovered tens of millions of dollars in fraud and mismanagement tied to COVID-19 pandemic education relief funds. This is part of the Trump Administration’s broader push to crack down on waste across federal education programs.Why it matters: Congress distributed roughly $190 billion in Elementary and Secondary School Emergency Relief (ESSER) funds across three rounds between 2020 and 2021. This is more than three times what the federal government typically spends on K-12…

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Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. April 10, 2026 Federal Reserve Board announces approval of application by Burke & Herbert Financial Services Corp. For release at 4:15 p.m. EDT The Federal Reserve Board on Friday announced its approval of the application by Burke & Herbert Financial Services Corp., of Alexandria, Virginia, to merge with LINKBANCORP, Inc., and thereby indirectly acquire LINKBANK, both of Camp Hill, Pennsylvania. The Board also gave its approval for Burke & Herbert Bank and Trust…

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At the Diamond Head pickleball courts in Honolulu, I met a man who said he had just put his 94-year-old mother in an eldercare home. Since my parents are 78 and 80, my ears lit up. I know it will be up to me to take care of them when they can no longer take care of themselves. My older sister is in New York City, and I’m not sure she has the capacity or willingness as I do. I asked the man how much the eldercare home – with seven other residents and a full-time staff – costs a…

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The federal government is making moves that will reshape how colleges operate and how families pay for school.This week, the Education Department released sweeping draft regulations to overhaul the accreditation system, while colleges (especially HBCUs) are scrambling to figure out how to fill funding gaps created by new Parent PLUS loan caps.Meanwhile, the Labor Department proposed a rule that could change what’s inside your 401(k), and a federal judge put the brakes on the administration’s push to collect race-based admissions data from colleges.Here’s a quick look at the most important stories shaping higher education and student finances this week for…

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