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The American Federation of Teachers (AFT) and other unions filed a federal lawsuit Monday alleging that DOGE staff, including a 19-year-old with a history of leaking information, have been given improper access to millions of Americans' sensitive studentloan data, Social Security numbers, and other private records.
“It’s been an incredibly challenging and chaotic year in studentloan space,” said Persis Yu, deputy executive director and managing counsel at the Student Borrower Protection Center, a nonprofit organization working to eliminate student debt. It’s been incredibly hard for borrowers to get good, accurate information.”
Which Students Have the Most Difficulty Paying for College? W hile other resources reveal how much institutions charg e students and how much the y receive in grant s and loan s , NPSAS and BPS are the only source s of information about how students pay for college and how those choices affect future outcomes.
A new National Consumer Law Center (NCLC) report analyzes a Unified Servicing and Data Solution (USDS) contract, set to go live in the spring, and its potential impact on studentloan borrowers’ rights and experiences. Alpha Taylor The U.S.
Tina Smith, D-Minn, and Chuck Grassley R-Iowa, have reintroduced three bills to help students and families make informed decisions about borrowing for college. Tina Smith The bills aim to make sure that students are informed and educated about college search and selection, loans, and financial aid.
On July 1 st , incarcerated Americans will re-gain access to Pell grants for the first time in nearly 30 years. But a new report has revealed that an important segment of this population may be largely left out: those who already have studentloans. But the consequences extend past the end of a sentence.
But at the highest levels of power, where decisions about studentloan policy are made, race is barely discussed at all. Lawmakers used labels like “some students,” “students truly in need,” and “underserved students” to refer to minoritized groups while avoiding the proposal of amendments that would explicitly benefit them.
Direct Unsubsidized Loans are available regardless of financial need but begin accruing interest immediately after funds are disbursed. Federal loans make up the majority of college financing. The prevalence of Federal Direct Loans stems from their ease of access through the ED and their favorable terms.
That's the findings from a new report , released by researchers at the Higher Education, Race, and the Economy (HERE) Lab at the University of California, Merced, in cooperation with The Institute for College Access and Success (TICAS). million students would benefit, and the majority of those would be students of color.
The National StudentLoan Data System (NSLDS) has released the FAT001 Financial Aid History report, which contains important studentinformation such as grant & loan eligibility, defaults, overpayments, and loan history.
Unlike datasets that only include information on students income level, NPSAS examines how students pay for college. By capturing data on veterans use of resources like advising and student services, NPSAS and BPS insights can inform policies and practices that ensure veterans receive necessary support.
Whether you are just starting your studentloan journey or have been dealing with studentloan debt for decades, you can use NCLC’s newly created StudentLoan Toolkit to help you take charge of your studentloan situation and move forward. Download the toolkit today!
The National StudentLoan Data System (NSLDS) has released the FAT001 Financial Aid History report, which contains important studentinformation such as grant & loan eligibility, defaults, overpayments, and loan history. 26 Update) first appeared on College Aid Services.
On March 26, 2025, the Department of Education reopened the online application for Income-Driven Repayment (IDR) plans for federal studentloan borrowers. This follows a very stressful period for studentloan borrowers. For more information about PAYE, IBR, and ICR, see here. Read more about consolidation here.),
These disparities are not just a matter of personal hardship but are indicative of systemic issues that need addressing to ensure equitable access to education for all. Financial aid and scholarships are available, but often not sufficient to bridge the gap, and the burden of studentloans can be a daunting deterrent.
Unfortunately, recent research suggests that many students are not provided clear, concise, and accurate information they need to fully understand the financial implications of the choices they have made. Ensuring that this information reaches students in ways that help them make the best possible decisions is just as critical. [1]
Few publicly available federal data sources provide detailed information about postsecondary students beyond race and income. These details are essential to informing policies that help ensure all students have the supports to succeed. This conversation has been edited for length and clarity.
Many state policies block undocumented students from receiving in-state tuition — even if they completed their K-12 education there — and several states directly prohibit undocumented students from enrolling in many public universities. On top of that, undocumented students are ineligible for any federal financial aid.
For students preparing to apply for financial aid, the Free Application for Federal Student Aid (FAFSA) is a crucial part of the process. With recent changes to the FAFSA process, it’s important to stay informed about whats going on. This can help to maximize your eligibility for aid and financial aid funding.
As a society, we should empower veterans and their families to make fully informed decisions about where to go to college, what to study, and how to use their GI Bill benefits. To do that, they need access to better information about student outcomes.
In November 2022, the Department of Education published final rules that will change regulations governing a variety of federal studentloan cancellation programs as well as how interest impacts studentloan burdens. The new rules will go into effect on July 1, 2023. . Across the board, these rules are a huge improvement.
IHEP analysis of n ew f ederal d ata s how stark disparities in unmet need By: Marián Vargas and Kim Dancy In today’s rapidly evolving higher education landscape, high-quality postsecondary data can provide critical insights that inform decision-making and advance equitable outcomes. New IHEP analysis of data from the U.S.
The college search process is a pivotal point in a student’s college journey, and often an unnecessarily challenging one. I still vividly remember the overwhelming frustration that came with sorting through information packets and struggling to compare institutional outcomes as I attempted to narrow down my top college choices.
Borrowing studentloans is a significant financial decision that can have long-lasting implications on your student’s future. While loans can help make higher education more accessible, it’s crucial to approach borrowing with careful consideration and awareness.
Technology enables us to break the barriers of time and space to deliver quality instruction directly to students, when and where they prefer. New models are emerging that place students at the center of all we do. We’re rethinking financial aid and studentloans in new and innovative ways.
Early preparation can mean better access to aid, as much of it is first come, first serve. Understanding what you’re reading on the award paperwork will help you make more informed decisions about the money you’re borrowing! Have any additional income sources or items related to unique situations on hand, too.
Overview The Department of Education is temporarily pausing processing of PSLF applications & forms PSLF borrowers should download their information from their MOHELA account before April 30th Why is the Department pausing PSLF processing? Is MOHELA still going to service my loans after the transition to the new BPOs?
Posted: January 13, 2023 Author: Federal Student Aid Subject: NSLDS Professional Access – Upcoming January Enrollment Roster Dissemination As we informed the financial aid community in earlier announcements, we resumed National StudentLoan Data System (NSLDS®) Enrollment Roster processing in December 2022; however, we disseminated only some December (..)
Blogs Your studentloan payments are due: 3 strategies to support community college students’ financial wellness When I think back to my time in college, studentloans were something that nearly everyone had, but not something any of us fully understood. Specifically, we weren’t educated on how to repay them.
Our mission at Civitas Learning is to empower higher education institutions to help students get through school as efficiently and effectively as possible. We can all agree that part of a degree and all of a studentloan is not worth it. We can all agree that part of a degree and all of a studentloan is not worth it.
Refinancing your international studentloans can be a game-changer in managing your studentloan debt more efficiently and potentially reducing the amount of interest you pay by thousands of dollars. But, what are the steps to refinance, and what challenges do international students face in this process?
Federal studentloans are a popular way to pay for college since they offer low-interest rates and flexible repayment terms. However, the Department of Education sets studentloan limits, restricting how much you can borrow per year and in total throughout your entire educational career. Federal studentloan limits.
Over 6 million borrowers are in default on their federal studentloans. Additionally, default damaged their credit scores, rendered them ineligible for student aid to return to school and finish their degrees, and ultimately limited their economic mobility. The post Fresh Start Ends Sept.
In this blog post, we’ll guide you through the world of finding financial aid for international students, exploring scholarships, grants and studentloans to make your dream of studying abroad a reality. Federal studentloans. Private studentloans. Federal studentloans are available to U.S.
Students and graduates needing to find a cosigner for studentloan aid typically ask Mom or Dad. But if your parents aren’t an option, you’ll be happy to know that private lenders are often flexible about who can serve as the guarantor of your loan agreement. How to find a cosigner for a studentloan, beyond your parents.
Without accurate information, many students apply ( or even commit ) to a college or university without complete information on how much it will cost them to attend. With loans, either the award name doesn’t use the term ‘loan,’ or the loan amount gets lumped in with other forms of aid.
The government usually pays the interest on the direct subsidized loan while you attend school — as long as you are enrolled at least half time — and during your studentloan grace period , which usually runs for six months after you leave school. Rates for federal studentloans (2022-23) Fixed Variable.
Each year, thousands of borrowers struggle with repaying their federal studentloan debt after they attended predatory schools that lied or withheld important information to get them to enroll, or closed and prevented them from completing their program. That’s bad news for borrowers, though they can continue to apply for relief.
The difference between consumer loans and lines of credit Consumer loans are essentially any kind of loan you can take out as an individual, including: Mortgages Auto loansStudentloans Personal loans Also known as installment loans, they come with set monthly payments and repayment terms and accounts are closed once the debt is repaid.
This is especially helpful for students and families who want time to evaluate their financial aid packages from multiple schools before making a final decision. You’ll be able to make a more informed decision about which school to attend. Plus you’ll be able to look at the academic fit and the financial package. #5.
On Friday, July 14th, the Department of Education announced that it was sending notice to 804,000 borrowers who had spent 20 to 25 years in repayment on their federal studentloans that their remaining balance would be canceled. For more information about the details of the IDR Account Adjustment, see our blog post here.
Get more information For more on recruiting adult student populations, including graduate students, subscribe to the Professional and Adult Education Blog. Here's how to improve student success for adult learner populations Finances: Adult learners tend to be cost-conscious.
Roughly 20% of the 43 million Americans holding federal studentloans are in default. Department of Education announced its Fresh Start initiative, which provides a pathway out of default for borrowers who defaulted on their federal studentloans prior to the pandemic.
By partnering with the Pell Institute, Ascendium is working to reduce institutional barriers to accessing and completing college and to help more learners from low-income backgrounds achieve their educational and career goals. As a 501(c)(3) nonprofit organization, we fund initiatives across the U.S.
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