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Department of Education announced this week that its Office of Federal Student Aid (FSA) will resume collections on defaulted federal studentloans 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
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. The debt burden is not distributed equally among students.
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.
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.
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 studentloans,” said Kristin Oliver, a graduate worker in the physics department.
But a new report has revealed that an important segment of this population may be largely left out: those who already have studentloans. The finding comes from a study by the Student Borrower Protection Center (SBPC), a nonprofit dedicated to reducing student debt. Castro agreed.
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. Contact their loan servicer and ask to be placed in a processing forbearance.
Some studentloan debt is suffocating Black workers and preventing them from being able to achieve financial freedom.” These experiences include encountering bias that Black workers are difficult to communicate with, lazy, or incapable. That is unacceptable.
Total and Permanent Disability Discharge (TPD) is a loan discharge program that allows borrowers who are disabled and cannot work to have their federal studentloans canceled. In the past, the Department of Education had a contract with Nelnet, a studentloan servicing company, to handle all applications for TPD discharges.
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.
His campaign efforts tended toward community colleges because those students typically live in the community year-round. By reaching those students, organizers also reach the students’ parents. The other thing is how we’re communicating with folks who are outside of college. It’s a really popular policy.
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.
In 2010, the federal government eliminated the bank-based studentloan program (formerly the Federal Family Education Loan Program, or FFELP) in favor of originating loans directly from the Department of Education). As a result, some companies have decided not to continue serving as studentloan servicers.
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?
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. Financial hardship is the #1 reason students stop out.
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. In the same report, TICAS found that only 10 of 150 letters [1] met all three criteria.
Whether your parent’s job status shifts or unexpected expenses arise, you’ll have time to adjust your financial aid application and communicate with schools about your circumstances. Additionally, if your financial aid package isn’t sufficient, you’ll have more time to appeal or negotiate for additional funding. #4.
Your Student Portal and Email This will become your new communications hub. More about Jodi and College Financial Aid Advisors Jodi is a FAFSA financial advisor who helps with the financial aid process to help families of college students maximize their financial aid. Some colleges offer deposit waivers. Set Up (and Check!)
Its geared towards students looking to enter tech industries and data-intensive fields like insurance, which require advanced modeling visualization and analytical skills. MBA in marketing management A traditional MBA focusing on marketing and related communications and advertising fields.
Studying abroad allows students to engage with and learn from people from different cultures and walks of life and expands understanding of the world. Financial reasons While higher education abroad can be expensive, overseas institutions may offer scholarship programs and studentloans that home countries simply cannot afford to provide.
They’re a beneficial form of funding for international students because they do not have to be repaid. Apply for a government education loan first, then private studentloans Sometimes, grants and scholarships can’t pay for all of your educational expenses. Search for scholarships here.
These students may also face financial impediments from their prior higher ed experience, such as studentloan debt or lingering bursar holds. Given this cost-consciousness, it’s critical that leaders of adult-serving programs clearly communicate information about tuition, fees, and financial aid and scholarship opportunities.
Some of these are aimed at a specific group of students, based on their heritage or field of study — both indicated in boldface below. Charter Communications. Charter Communications. Students receive $10,000 for their junior year and $10,000 for their senior year, for a maximum of $20,000. AstraZeneca. Burger King.
Encourage your student to make smart decisions, look out for their peers, and seek help if they find themselves in risky situations. Communication and Support Systems: Maintain open lines of communication with your student and encourage them to reach out if they need guidance or support.
Blogs Overcome these two roadblocks to engage young alumni Many of today’s young alumni find themselves burdened with outsized studentloan debt and facing tumultuous financial challenges as they embark on entry-level careers. Tip: Personalize all touchpoints to the individual alumnus.
NIACC implemented EAB’s Edify to centralize and synthesize Canvas, Colleague, Navigate, and National Student Clearinghouse data. During implementation, Bailey was in direct communication with EAB’s engineers, vetting design and offering input on code.
Regular Communication and Updates Personalized Check-Ins: Schedule regular check-ins with financial aid recipients and their families to monitor their progress and address any questions or concerns. Parent Involvement Opportunities Fundraising Events: Organize fundraising events to help reduce tuition costs and foster community engagement.
Keep a lookout in your email to make sure you don’t miss any communications from your prospective colleges. You’ll find information on everything including admissions deadlines, financial planning, filling out the FAFSA, award letters, searching for scholarships, and comparing studentloan options. Still Want More Help?
that help learners from low-income backgrounds achieve upward mobility; provide student and employee success solutions to colleges and businesses; invest in education-focused innovations to improve learner outcomes; and provide information, tools and counseling to help millions of borrowers successfully repay their federal studentloans.
Those questions begin as families work to complete the FAFSA for the first time and continue for the entire time a student is enrolled in college. Then, after graduation, students routinely seek advice as they check on upcoming studentloan payments and may have new questions about graduate or professional school funding.
Those questions begin as families work to complete the FAFSA for the first time and continue for the entire time a student is enrolled in college. Then, after graduation, students routinely seek advice as they check on upcoming studentloan payments and may have new questions about graduate or professional school funding.
Alternative Funding Options for Engineering Students While scholarships are an incredible resource for engineering students, they’re not the only financial support option available. Employer Sponsorship Employer sponsorship can be a game-changer for engineering students looking to further their education without breaking the bank.
The FAFSA process will determine if the student is eligible for subsidized and unsubsidized studentloans, Pell Grants, and/or the Work-Study Program. Parents may contact their student’s high school financial aid office for assistance. Parents apply for PPL’s separately from this process.
The FAFSA process will determine if the student is eligible for subsidized and unsubsidized studentloans, Pell Grants, and/or the Work-Study Program. Parents may contact their student’s high school financial aid office for assistance. Parents apply for PPL’s separately from this process.
Seniors: Students need to communicate with financial aid offices, school counselors and their families to determine what option and financial aid path is going to be the best option for everyone. Aim for a list of five to ten colleges that they could see themselves at and do research on those specific schools.
The following scams are common and criminals are continuously creating new ones: Fake listings: These scams for apartments, used books, movers, and other services, start with an ad, usually at the beginning of a semester, that offers things that students need quickly — at an attractively low price. Consolidate multiple Federal studentloans.
One significant barrier between borrowers and an IDR plan was poor communication: loan servicers failed to tell borrowers that they were eligible to enroll in an IDR plan or provided them with inaccurate information about their repayment status and options. It can convert other types of federal loans into Direct Loans.
Coordinated Care: Streamlining the coordination of care between various support entities within the institution can significantly benefit students. Technology can facilitate seamless communication among academic advisors, counselors, and health professionals, ensuring that students receive comprehensive and holistic support.
Watch on demand: Prepare for the Looming Math Crisis with Course Success Data Return on Investment This grouping refers to increasing the financial value of a college degree and communicating this to stakeholders. Job placement: Building out connections with employers to provide students with clear pathways into the workforce.
Strong critical thinking, analytical and problem-solving skills, as well as excellent communication and teamwork abilities, are some of the essential traits that universities look for in prospective students. as an international student can be challenging, but there are resources available to help.
Watch on demand: Prepare for the Looming Math Crisis with Course Success Data Return on Investment This grouping refers to increasing the financial value of a college degree and communicating this to stakeholders. Job placement: Building out connections with employers to provide students with clear pathways into the workforce.
Virtual International Exchange Activities: This includes interactive sessions such as language exchange, cultural workshops and collaborative projects with peers from various countries, enhancing cross-cultural communication and understanding. Maximizing federal student aid for overseas studies U.S.
About 43 million people are expected to resume or start repayments of their studentloans. The National Association of Student Financial Aid Administrators (NASFAA) has issued its final report and a toolkit for financial aid professionals across the nation in anticipation of the resumption of federal studentloan repayments.
Dr. Sosanya Jones, associate professor in the School of Education at Howard University Such issues are expected to include the Biden administration’s studentloan forgiveness program, Title IX as applied to transgender students, freedom of speech on campus, critical race theory, and the expenditure of COVID-19 relief funds.
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