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Department of Education Resumes Federal Student Loan Collections After Four-Year Pause

Diverse: Issues in Higher Education

Department of Education announced this week that its Office of Federal Student Aid (FSA) will resume collections on defaulted federal student loans beginning Monday, May 5, 2025, ending a pause that has been in effect since March 2020. The book is scheduled to be released in September 2025.

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Sanders, Jayapal Introduce New "College for All Act" to Eliminate Tuition for Most Students

Diverse: Issues in Higher Education

The topic is explored in the forthcoming book The Student Debt Crisis: America's Moral Urgency , written by Diverse editor, Dr. Jamal Watson. The bill comes amid ongoing national debate about college affordability, student loan debt, and the role of higher education in workforce development.

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Introducing NCLC’s Student Loan Toolkit

NCLC Student Loan Borrower Assistance

Whether you are just starting your student loan journey or have been dealing with student loan debt for decades, you can use NCLC’s newly created Student Loan Toolkit to help you take charge of your student loan situation and move forward. Download the toolkit today!

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GAO Report: Cost of College Remains a Mystery

Diverse: Issues in Higher Education

According to the GAO report, students who pick a college that is unaffordable for them are more likely to have to cut back on essentials like food while attending and are more likely to drop out. Having more student loan debt may make borrowers less likely to become homeowners or to be able to save for their own or their children’s futures.

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Three Principles for Navigating This Time of Transformational Change in Higher Education

Diverse: Issues in Higher Education

New models are emerging that place students at the center of all we do. We’re rethinking financial aid and student loans in new and innovative ways. They see students leaving in droves because everything they need to know in life they can learn from YouTube, Google, and Wikipedia. Others are much more pessimistic.

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What to Do When Your College Financial Aid Falls Short of Expectations

CFAA College Financial Aid Advisors

Prioritize essential expenses like tuition, books, and housing, while adjusting discretionary spending if possible. Reach out to your academic department or student affairs office to inquire about these opportunities. Consider Federal and Private Loan Options If you havent already, look into federal or private student loans.

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Don’t Skip These 5 College Money Talks This Summer

CFAA College Financial Aid Advisors

Its also important to discuss the plans for who will repay any student loans that are taken during the college years. Look at the total amount you are planning to borrow to pay for this college, and then look at student loan calculators to see what future repayment costs might be.