Education

IRS proposes to strip tax-exempt status from discriminatory private schools

1 min read29 minutes ago

Private schools will lose federal income-tax exemption unless they adopt nondiscriminatory policies, starting with tax years after May 31 2027.

Space

President creates commission to design U.S. Space Academy

1 min readyesterday

Executive Order 14423, signed Aug. 28, 2026, directs a new presidential commission to develop a NASA-led federal academy for space professionals, with a report due in 120 days.

Education

GAO urges FAA to evaluate test access for uncertified high school programs

1 min read3 days ago

High-school aviation maintenance students at non-certificated schools could become eligible for the FAA general knowledge test if the agency acts.

Oversight

GAO urges DOD to tighten screening and teacher input in DODEA schools

1 min readAugust 26, 2026

The Department of Defense must address gaps in literacy and math support for roughly 60,000 K-12 students in DODEA schools following the GAO report.

Education

GAO report shows Division I athletics spend billions more than they earn

1 min readAugust 20, 2026

Division I and II colleges face large deficits as of the 2023-24 academic year, with new NIL revenue sharing rules applying from 2025-26

Education

GAO urges Education to set formal early coordination criteria for loan servicers

1 min readAugust 20, 2026

The Department of Education must establish formal criteria for early coordination with federal student loan servicers, per GAO recommendation.

Elsewhere

What other outlets are reporting on this beat. We link out; we do not republish.

AT&T, Nvidia back plan to bridge gap on skilled labor
The Lowe's Foundation today launched the Building Futures Skilled Trades Coalition, the largest cross-sector skilled trades coalition in U.S. history, to help train and develop one million people for skilled trades careers by 2035. The national alliance is backed by over 75 American educators, businesses, workforce organizations, industry vendors and stakeholders across the skilled trades ecosystem, including corporate leaders NVIDIA, AT&T, Bank of America, Carrier, General Motors, DEWALT and Duke Energy.The United States is in the midst of an unprecedented labor shortage as a significant number of workers retire and infrastructure investments grow. An estimated 2.1 million skilled trades jobs could go unfilled by 2030, according to the Department of Education, creating potential economic losses of up to $1 trillion annually.The Building Futures Skilled Trades Coalition draws on the proven track record of the Lowe's Foundation to scale tangible solutions. Its Gable Grants program, which launched in 2023, outpaced initial performance metrics and is now an ecosystem of 73 community colleges and nonprofits scaling innovative skilled trades training programs across 30 states. Outcomes of the program led the foundation to recently expand its mission to train and develop 250,000 tradespeople by 2035 through a $250 million investment.Read the full press release here.The Lowe's Foundation
Light Reading 3 days ago
Education Department recalculates student loan forgiveness counts, setting some PSLF borrowers back
Yuliya Taba | E+ | Getty ImagesThe U.S. Department of Education is reevaluating account histories for borrowers pursuing Public Service Loan Forgiveness — in some cases, reducing the number of qualifying payments and pushing those individuals further away from debt cancellation.PSLF, which was created in 2007, wipes away the federal student debt of government and non-profit workers after 10 years, or 120 qualifying monthly payments. Roughly 1.2 million public servants have seen their debt erased under the program, with an average cleared balance of nearly $75,000, according to the Brookings Institution. Several posts on social media platforms appear to document borrower experiences, with one individual saying in a Reddit comment that they saw their payment count drop from nearly 120 to 94. "We've had a few clients who saw their PSLF count drop," said Nancy Nierman, assistant director of the Education Debt Consumer Assistance Program in New York, a nonprofit that helps borrowers navigate repayment."It's concerning when someone who relies on numbers reported to them by the government finds out that, through no fault of their own, those numbers were incorrect," Nierman added. Read more CNBC personal finance coverageTrump Accounts to get paycheck contributions and employer matches, Treasury saysSocial Security COLA estimates for 2027 fall as inflation moderatesAOC says she saved up to freeze her eggs. Here's how much the procedure can costHow Connecticut congressional primary race results may affect Social SecurityCNBC's Financial Advisor 100: Best financial advisors, top firms rankedCNBC Elite Advisors: Top ultra-high net worth wealth management firms for 2026An Education Department spokesperson said the agency is correcting "coding errors" made by the Biden administration. "These errors resulted in inaccurate payment counts for some borrowers," the spokesperson wrote to CNBC in an email. "The Department remains committed to ensuring that every qualifying payment is pr
CNBC August 20, 2026
U.S. GAO - Federal Student Loans: Education Could Better Coordinate with Servicers When Making Program Changes
Fast Facts To help manage $1.6 trillion in federal student loans, the Department of Education contracts with loan servicers for billing and communicating with borrowers. Servicers also help implement complex program changes based on Education's instruction. We found servicers faced challenges implementing program changes due to a lack of clear upfront instruction from Education. Servicers said instruction could be improved if Education coordinated with them early in the process. Agency officials noted the value of such coordination but said they had no formal criteria for when to do so. Our recommendation addresses these issues. A graduation cap and diploma on top of many sprawled $100 dollar bills Skip to Highlights Highlights What GAO Found The Department of Education provides student loan servicers with instruction for implementing program changes via formal documents known as change requests. Change requests outline new or modified requirements for servicers and can vary in their complexity. For example, Education could require servicers to carry out tasks ranging from sending straightforward borrower communications to implementing major repayment plan changes. Examples of Tasks Student Loan Servicers Carry Out for Education The servicers reported facing challenges in implementing Education’s instruction for program changes. All four servicers raised concerns about the number of clarifying questions they needed answered to implement some requested changes. GAO found that the lack of clear up-front instruction sometimes resulted in extensive back-and-forth between Education and servicers. For example, GAO observed a change request that resulted in six rounds of questions and answers with servicers over a 2-month period. All four servicers said instruction could be improved if Education coordinated with them before or immediately after requesting a change, such as by meeting to walk through new requirements. Education officials acknowledged the value of coordinati
GAO reports August 6, 2026

Newsletter

What the federal government did today, and what it changes - with the document behind every item.

IRS proposes to strip tax-exempt status from discriminatory private schools

FinCEN issues GTO requiring recordkeeping by border MSBs

IRS publishes 2026 inflation factor and credit amounts for clean electricity

Cboe EDGX adds fee-credit program for backup logical ports

Education

IRS proposes to strip tax-exempt status from discriminatory private schools

President creates commission to design U.S. Space Academy

GAO urges FAA to evaluate test access for uncertified high school programs

GAO urges DOD to tighten screening and teacher input in DODEA schools

GAO report shows Division I athletics spend billions more than they earn

GAO urges Education to set formal early coordination criteria for loan servicers