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President Biden Releases FY25 Budget Request to Congress

COE

Due to the budget limits outlined in the Fiscal Responsibility Act (the debt limit deal), the Administration requested minimal increases across the government. The Administration also urges Congress to consider increasing the stipends offered in Upward Bound and McNair. (It Department of Education here.)

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Federal Student Aid Reaches Settlement on Student Aid Eligibility Violations

Diverse: Issues in Higher Education

IEC also must provide ED a letter of credit of more than $6 million, which ED can use to pay for any liabilities or loan discharges related to the misconduct at issue. A 2023 ED investigation found that Florida Career College routinely broke the rules governing how schools can administer ATB tests.

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20 Scholarships for Latino and Hispanic Students

Student Loan Hero

ABA seeks to support underrepresented students pursuing careers in transportation, travel and tourism. Winners are selected based on such factors as academic performance, character, leadership, financial need and a commitment to advancing the future of the transportation, travel, tourism or hospitality industries.

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U.S Department of Education Announces Withholding of Payment to Student Loan Servicer

Diverse: Issues in Higher Education

Any months these borrowers are in forbearance will count as credit towards loan forgiveness through Public Service Loan Forgiveness and Income Driven Repayment plans. “The The Biden-Harris Administration is looking out for borrowers at every step throughout their return to repayment. Our oversight

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Education Department Announces Framework for Student Loan Servicer Accountability

Diverse: Issues in Higher Education

The Biden-Harris Administration has announced a new framework to better hold student loan servicers accountable and protect borrowers from servicer errors. FSA COO Richard Cordray “The Biden-Harris Administration has made clear that we will not allow borrowers to pay the price for unacceptable servicing failures,” said U.S.

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‘An Existential Threat’: Experts Talk Impact of Student Loan Forgiveness Ruling

Diverse: Issues in Higher Education

A Texas district judge ’s decision to str ike down the Biden administration’s student loan forgiveness plan Thursday is a significant blow to the future of the program, according to experts. The Biden administration immediately a nnounced that it would appeal the decision , but U.S. In response to the ruling, the U.S.

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Applications for SAVE Student Loan Payment Plans Open

Diverse: Issues in Higher Education

Just ahead of the return of student loans, borrowers can now apply for the Biden administration’s new plan to reduce monthly payments, the Department of Education (ED) announced Tuesday. The Saving on a Valuable Education plan (SAVE) is being touted by the administration as “the most affordable repayment plan in history.”