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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. Secretary of Education Linda McMahon in the announcement.
Department of Education, teachers, students and union leaders are planning to rally Wednesday against recent actions by Elon Musk's Elon Musk Department of Government Efficiency (DOGE) that they say threaten both educational research and student privacy. In a mounting crisis at the U.S.
Cheryl Holcomb-McCoy What happens when we strip education of its resources, devalue its professionals, and politicize its purpose? Were finding out in real-time, and nowhere are the consequences more alarming than in our efforts to diversify the educator workforce. America is undergoing a calculated retreat in federal education policy.
Originally established to exclude certain populations of students, legacy admissions provides a significant boost to children of ultrawealthy families who apply to elite institutions. Legacy admissions has an even more corrosive influence: It widens equity gaps in higher education.
have introduced bicameral legislation to restore graduate students' access to subsidized federal loans, a benefit eliminated more than a decade ago that advocates say has created barriers to advanced education for students from underrepresented backgrounds. Senator Alex Padilla Senator Alex Padilla (D-Calif.)
introduced legislation Wednesday that would make public colleges and universities tuition-free for approximately 95% of American students, in what supporters call the most significant higher education investment in six decades. Jayapal highlighted the legislation's focus on addressing educational inequity. history."
The recent cancel lation of critical grants and contracts at the Institute for Education Sciences (IES) jeopardizes the future of congressionally mandated and statistically robust surveys on postsecondary education experiences and outcomes. Only 42% reported receiving financial support from their parents for their educational expenses.
The Relieving Economic Strain to Enhance American Resilience & Competitiveness in Higher Education & Research (RESEARCHER) Act would require federal research agencies to implement policies addressing financial instability among these early-career scientists, who are crucial to maintaining U.S. and Jerry Moran (R-Kan.)
Department of Education has announced that collections on defaulted federal studentloans will resume on May 5, 2025, ending a pause that began in March 2020 due to the COVID-19 pandemic.
This week, the Senate Republicans on the Committee on Health, Education, Labor, and Pensions (HELP) released a draft reconciliation bill that, if enacted, will have substantial impacts for millions of current and future federal studentloan borrowers.
Department of Education released a ‘Dear Colleague Letter’ (DCL) outlining the immediate implementation of numerous higher education provisions in the One Big Beautiful Bill Act (OBBB). On Friday, the U.S.
The pay gap compounds financial challenges for women, who were more likely than men to use studentloans for college expenses and expressed less confidence about their ability to repay that debt.
Federal Direct Loans are government-backed financial aid options provided by the U.S. Education Department (ED) to help students afford the costs of higher education. While the loans are designed to ease educational expenses during college years, many graduates struggle to manage their debt after college.
Department of Education. While such a move would require congressional approval, discussions have already begun about shifting its responsibilitiesincluding the management of federal student loansto other agencies. Federal StudentLoans Would.
Among graduates who borrowed money to finance their education, three-quarters expressed confidence in their ability to repay studentloans. Those who completed internships were more likely to find employment in their field and report feeling "very successful" after graduation.
Title III consists of Subtitles A through G covering different aspects of changes to education policy. In this post, we focus on Subtitle A, Student Eligibility , Subtitle B, Loan Limits , and Subtitle D, Pell Grants. Reactions of Policymakers The reaction of policymakers has varied as expected across the political spectrum.
Spelman is a strongly Pell eligible student base, and we are at least 60% Pell eligible," Brewer told the audience of HBCU leaders. Spelman is a strongly Pell eligible student base, and we are at least 60% Pell eligible," Brewer told the audience of HBCU leaders. "We So our student is not the affluent that most people think."
On December 20, 2024, the Department of Education announced that it is temporarily pausing the processing of Total and Permanent Disability (TPD) discharge applications. To cancel loans under the TPD program, the borrower must be totally and permanently disabled and unable to engage in any substantial gainful employment activity.
If a former student is past due on a Federal studentloan, there is an obvious way to bring the loan account current. Department of Education (ED); Deferment and Forbearance. Each type of Federal studentloan has a unique set of terms and conditions that determine the way interest is treated.
On May 5, 2025 , the federal government restarted collections on federal studentloans that are in default. That means if you haven’t made a payment on your federal studentloans in more than 270 days , you could soon face serious consequences. Watch NCLC’s video on studentloans in default now for more information.
The Department of Education announced on Wednesday that starting August 1, 2025, interest will resume on federal studentloans for approximately 7.7 million borrowers enrolled in the Saving on a Valuable Education (SAVE) repayment plan. Interest will not be assessed retroactively.
But remember: early rejection doesnt mean the end of your educational journey. Your educational journey is uniquely yoursdont let a single rejection define the entire experience. As a financial aid expert, I know how much planning and dedication goes into preparing for college. The key is to channel your energy into something positive.
In January, we shared that the Department of Education had added important new information to studentaid.gov showing borrowers their progress toward being debt-free through Income-Driven Repayment (IDR) plans. The post Screenshot Your IDR Progress Today appeared first on StudentLoan Borrowers Assistance. Share your story.
So, if you find you can't afford college without some amount of loans, it’s important to consider how much you borrow because you’ll have to pay it back later, with interest. Think of studentloans as a double-edged sword. Federal StudentLoans Federal studentloans are usually the best place to start when borrowing for college.
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. IBR is the only plan available to borrowers with older Federal Family EducationLoans (FFEL).
Visit their international students admissions page to learn more about applying for an MBA at the Kellogg School of Management. Financing your MBA education Like other undergraduate and postgraduate degrees at U.S. universities, studying for an MBA for international students in the U.S. can be expensive.
Whether youre planning to attend college soon or just thinking about your future, understanding the different types of financial aid you might receive is key to making smart decisions about paying for your education. Heres a few key terms that you need to know when it comes to loans, grants, and work-study!
High school seniors who are ready to unlock financial aid and take the next step toward your education, it’s time to file your FAFSA. Completing the FAFSA (Free Application for Federal Student Aid) is one of the most important tasks you’ll need to tackle as you prepare for college.
This is especially beneficial for low-income students who rely heavily on Pell Grants to fund their education. With adjustments to the income thresholds and the elimination of some outdated criteria, more students will receive the full Pell Grant award. Hopefully this makes higher education more affordable!
Department of Education, and its the most straightforward deadline to remember. 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. For the 2024-2025 FAFSA, the federal deadline is June 30, 2025.
Federal Student Aid has identified a error within the National StudentLoan Data System (NSLDS) that is flagging ‘independent students under the age of 24 as Dependent and creating a series of inconsistencies; primarily for the 2023-24 academic year. 6 Update) first appeared on College Aid Services.
Federal Student Aid has provided guidance on how borrowers who made federal studentloan payments in 2024 should report this information to the IRS for the upcoming tax year.
If loans are necessary, financial experts believe you should not borrow more than your child’s expected starting salary post-graduation. Studentloan calculators can project monthly payments and loan payoff timelines, which vary by loan size, interest rates, and repayment terms.
Understand LoansLoans are another part of your financial aid package that you need to take seriously. Unlike grants and scholarships, loans must be paid backoften with interest. When comparing offers, look closely at how much youre being offered in studentloans.
Higher education becomes even more expensive when students receive their financial aid offers – and theyre smaller than everyone hoped. This can free up funds for other areas of your education. Reach out to your academic department or student affairs office to inquire about these opportunities.
Department of Education announced Wednesday a massive studentloan discharge affecting 261,000 borrowers who attended Ashford University, following evidence of widespread deceptive practices at the online institution. The discharge covers loans taken out between March 1, 2009, and April 30, 2020.
Department of Education, President Trump has, more recently, spoken about his desireto transfer the $1.6 trillionfederal studentloan portfoliofrom the U.S. Its no secret that studentloan servicing needs reform. Moving the studentloan portfolio to the SBA would be more than a bureaucratic error.
Work-Study Programs: Work-study is a federal program that provides part-time jobs for students with financial need. The program allows them to earn money to help pay for their education expenses. These jobs are typically on-campus, but some may be with local nonprofits or community organizations.
Rowena Tomaneng At a time when the Trump administration is dismantling the Education Department, the overwhelming majority of Asian American and Pacific Islander adults believe earning a college degree is integral to quality of life, a new national survey shows. The survey also gauged AAPI opinions about education in public K-12 schools.
For students heading to college, there is an immense pressure that comes with managing academic responsibilities and trying to determine how to pay for school. For many, financial aid is crucial to making higher education accessible. Your education and success are worth fighting for!
Department of Educations efforts to reduce studentloan burdens through the new SAVE repayment plan. But the lawsuits have already resulted in a series of changing court orders temporarily barring the Department of Education from offering key SAVE plan benefits.
Department of Education issued a notice seeking public comment on proposed revisions to the Income-Driven Repayment (IDR) Plan Request Form for federal studentloans. Ford Federal Direct Loans and Federal Family EducationLoan Programs first appeared on College Aid Services. On June 30, 2025, the U.S.
Smith announced during the 2019 commencement ceremony for Morehouse that he would pay off the studentloans for the graduating class. Some students and faculty criticized the decision because of Biden’s handling of the Israel-Hamas war in Gaza. One of the most notable is when billionaire tech entrepreneur Robert F.
Department of Education (ED) during a second Trump presidency was the focus of a webinar Tuesday evening hosted Dr. Cheryl Holcomb-McCoy by the Iota Upsilon Lambda Chapter of Alpha Phi Alpha Fraternity, Inc. The threat to shut down ED isnt new, said Dr. James Earl Davis, a professor and endowed chair of education at Temple University.
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