US Ed Dept Loosens Up On Financial Aid For Learning Versus Credit Hour

Higher Ed Watch 

The U.S. Department of Education took a critical step forward today in moving towards a more flexible and innovative financial aid system-one that privileges (and pays for) learning, rather than time. In a letter released this morning, the Education Department let the world know not only that schools can award federal financial aid based on competency rather than seat time, but that the Department wants them to do so. [Full Article]