Tag: #policy

U.S. Education Department Finalizes Earnings-Based Rule That Could Cut Federal Aid for Low-Paying Programs

The Education Department adopted STATS, an earnings test tying federal loan and Pell eligibility to graduates’ pay; repeated failures can lead to loss of aid.

#education, #studentloans, #highereducation, #policy

BIS Working Paper Finds China’s Inflation Responds Strongly to Slack and Expectations

A BIS working paper finds China’s CPI inflation closely tied to economic slack and one-year-ahead expectations, suggesting standard policy models apply.

#china, #inflation, #bis, #macroeconomics, #policy