article thumbnail

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. million borrowers owing more than $1.6 Additionally, nearly 1.9

article thumbnail

Chaos and Confusion: The State of Student Loans

Diverse: Issues in Higher Education

It’s been an incredibly challenging and chaotic year in student loan space,” said Persis Yu, deputy executive director and managing counsel at the Student Borrower Protection Center, a nonprofit organization working to eliminate student debt. The debt burden is not distributed equally among students.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Study: Congressional Discussions of Student Loans Avoid Race Almost Entirely

Diverse: Issues in Higher Education

But at the highest levels of power, where decisions about student loan 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.

article thumbnail

Report: Journalism Jobs to Decrease in Years to Come Due to Industry Decline

Diverse: Issues in Higher Education

Carnevale “Stop the Presses: Journalism Employment and the Economic Value of 850 Journalism and Communication Programs,” ranked journalism and communications programs at 850 schools in terms of metrics such as payoff for graduates in the labor market, earnings, and debt payments. Dr. Anthony P.

article thumbnail

Faculty and Staff at University of Colorado Boulder Walk Out, Demand Higher Wages and Better Conditions

Diverse: Issues in Higher Education

As a graduate student, I am one of the main workers collecting and analyzing data, communicating with instructors and writing papers. Yet my take-home pay leaves me worried about paying for housing, health care and my student loans,” said Kristin Oliver, a graduate worker in the physics department.

Faculty 312
article thumbnail

Report Finds 100% of Incarcerated Borrowers in Default, Limiting their Access to Pell Grants

Diverse: Issues in Higher Education

But a new report has revealed that an important segment of this population may be largely left out: those who already have student loans. The finding comes from a study by the Student Borrower Protection Center (SBPC), a nonprofit dedicated to reducing student debt. Castro agreed.

Access 278
article thumbnail

IDR Application is Back Up

NCLC Student Loan Borrower Assistance

On March 26, 2025, the Department of Education reopened the online application for Income-Driven Repayment (IDR) plans for federal student loan borrowers. This follows a very stressful period for student loan borrowers. Contact their loan servicer and ask to be placed in a processing forbearance.