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  • 30.4% of White students received need based scholarships
  • 52.9% of Black students received need based scholarships
  • 49.7% of Hispanic students received need based scholarships
  • 35.4% of Asian students received need based scholarships
  [caption id="attachment_2303" align="aligncenter" width="393"] SOURCE: U.S. Department Of Education (See Below Citations)[/caption] The average award amount for merit based scholarships was $4,700, and the average award amount for need based scholarships was $4,000. [post_title] => 37% Of Undergraduate Students Receive Need Based Scholarships, 13.9% Receive Merit Based Scholarships; Half Of Black And Hispanic Students And 1/3 Of White And Asian Students Receive Need Based Scholarships [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => 37-undergraduate-students-receive-need-based-scholarships-13-9-receive-merit-based-scholarships-half-black-hispanic-students-13-white-asian-students-receive-need-based-scholars [to_ping] => [pinged] => [post_modified] => 2017-08-20 14:28:44 [post_modified_gmt] => 2017-08-20 14:28:44 [post_content_filtered] => [post_parent] => 0 [guid] => http://factualuprising.com/?p=2302 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [2] => WP_Post Object ( [ID] => 1912 [post_author] => 1 [post_date] => 2017-04-30 20:47:08 [post_date_gmt] => 2017-04-30 20:47:08 [post_content] => Secretary Of Education Betsy DeVos issued a memorandum that formally withdraws two Obama administration memorandums (and one addendum to one of those memorandums) in an effort to change the student loan borrowing process with respect to how loans are serviced.  The Obama memos aimed to guide loan servicers towards helping students rather than making money:

Student loan contracts aren't serviced in-house by the Federal Student Aid Office. Instead, they are managed by third-party companies, which are awarded contracts by the government. Before the Obama memos, those contracts went to companies that were best at collecting debts. Rather than rewarding companies that cashed in on debts, the now-rescinded Obama guidance incentivized a good track record and sought to award contracts to companies with a history of helping borrowers.

DeVos notes in her memorandum “We must create a student loan servicing environment that provides the highest quality customer service and increases accountability and transparency for all borrowers, while also limiting the cost to taxpayers”.   DeVos also said “the previous administration’s approach was inconsistent and full of shortcomings”.  It is currently unclear how, what, and when significant changes will be made.      
Nasiripour, Shahien. "DeVos Undoes Obama Student Loan Protections." Bloomberg.com. Bloomberg, 11 Apr. 2017. Web. 15 Apr. 2017.
Rosenblatt, Kalhan. "Will Betsy DeVos' Rollback of Two Obama Memos Impact You?"NBCNews.com. NBCUniversal News Group, 12 Apr. 2017. Web. 15 Apr. 2017.
DeVos, Betsy. "Student Loan Servicer Recompete." (n.d.): n. pag. Department of Education, 11 Apr. 2017. Web. 15 Apr. 2017.
[post_title] => Education Secretary Betsy DeVos Rescinds Obama Guidance That Prioritized Student Loan Lenders Focusing On Helping Students Rather Than Those Best At Collecting Debts [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => education-secretary-betsy-devos-rescinds-obama-guidance-lenders-focus-helping-borrowers-instead-making-money [to_ping] => [pinged] => [post_modified] => 2017-08-02 02:18:52 [post_modified_gmt] => 2017-08-02 02:18:52 [post_content_filtered] => [post_parent] => 0 [guid] => http://factualuprising.com/?p=1912 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [3] => WP_Post Object ( [ID] => 1142 [post_author] => 1 [post_date] => 2017-01-27 01:53:45 [post_date_gmt] => 2017-01-27 01:53:45 [post_content] => Secretary of Education Betsy DeVos , "displayed a lack of knowledge" of critical education system rules and regulations during her senate confirmation hearing, specifically including the Individuals with Disabilities Education Act (IDEA), standard gainful employment regulations, and the purpose and challenges associated with standardized testing. DeVos also has minimal qualifications and experience with public school systems (although not every Secretary of Education has had extensive education experience). She has no formal education degree or experience working in a school environment (although she was formerly the chair of the American Federation for Children, an organization that promotes "school choice" an initiative that allows students to transfer to schools outside of their district), and she supports the expansion of charter schools. She is the former chairperson of the Michigan Republican Party.      
Strauss, Valerie. "Six Astonishing Things Betsy DeVos Said - and Refused to Say - at Her Confirmation Hearing." The Washington Post. WP Company, 18 Jan. 2017. Web. 21 Jan. 2017.
Emery, David. "FACT CHECK: Meet Betsy DeVos, Trump's Secretary of Education Nominee." Snopes.com. N.p., 07 Feb. 2017. Web. 21 Feb. 2017.
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