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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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Teachers Rally Against Musk's Education Control

Diverse: Issues in Higher Education

The American Federation of Teachers (AFT) and other unions filed a federal lawsuit Monday alleging that DOGE staff, including a 19-year-old with a history of leaking information, have been given improper access to millions of Americans' sensitive student loan data, Social Security numbers, and other private records.

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GAO Releases Data on Return to Student Loan Repayments

Diverse: Issues in Higher Education

Nearly a third of borrowers whose federal student loans entered repayment in October 2023, following the COVID-19 pandemic extended pause, are past due on the payments, according to a newly released report from the U.S. The above pie chart shows the number of federal student loan borrowers in repayment by status, as of Jan.

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Student Loan Deadlines for 2022-2023: COVID-19 Relief, FAFSA and Others

Student Loan Hero

What are the COVID-19 student loan relief deadlines for federal debt repayments? You may have heard some student loan servicers are closing shop — when does that happen? Over next two years: Many federal student loan servicer contracts due to expire. When do you need to file your FAFSA for this year?

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Breaking Down Your Financial Aid Letter: What’s Free Money and What’s Not

CFAA College Financial Aid Advisors

What You Have to Pay Back: Loans Loans are the money you borrow to help pay for school, but remember: this is money youll have to repay, with interest. There are federal student loans, which often come with lower interest rates and better terms, and private loans, which can vary in cost.

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Planning for College Starts Now: A Parent’s Guide to a Successful Summer

CFAA College Financial Aid Advisors

Ive seen how early preparation can help families make more informed decisions. Understanding these factors early will help your child make more informed decisions about financial aid. Additionally, familiarizing yourself with the FAFSA (Free Application for Federal Student Aid) now can help ensure a smooth application process later on.

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Understanding Financial Aid: Loans, Grants, and Work-Study Explained

CFAA College Financial Aid Advisors

Its important to balance work-study with your class schedule to avoid burnout. While loans, work-study, and grants are the main components of most financial aid packages, your award letter should include some other information. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.