A report by the New America Foundation details the systematic undermining of the financial aid system by colleges and universities who are using financial aid to attract wealthy students rather than open doors for poorer ones, forcing poorer students to either not attend or take on high debt burdens. Undermining Pell presents a new analysis [...]

In a new report the Special Investigator for TARP cites the Treasury Department for allowing excessive pay to bailout companies: SIGTARP found that once again, in 2012, Treasury failed to rein in excessive pay. In 2012, OSM approved pay packages of $3 million or more for 54% of the 69 Top 25 employees at American [...]