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 The book is scheduled to be released in September 2025.

article thumbnail

Senators Introduce Bipartisan Bill to Address Financial Insecurity Among STEM Researchers

Diverse: Issues in Higher Education

At the University of California, the percentage of graduate students facing food insecurity jumped from 21 percent in 2021 to 35 percent in 2023. "As global competitiveness in science and technology. As a mechanical engineer, I know a strong STEM workforce pipeline is essential to securing America's global leadership," said Padilla.

professionals

Sign Up for our Newsletter

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

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.

article thumbnail

Report: Student Loan Debt Burdens Limit Wealth Building and Career Choice for HBCU Graduates

Diverse: Issues in Higher Education

The burden of student loan debt limits future finances of graduates of historically Black colleges and universities (HBCUs). The federal student loan payment pause was great relief for HBCU alumni finances, according to the report.

article thumbnail

Study: Student Loan Presence Linked to Worse Student Health Outcomes and Practices

Diverse: Issues in Higher Education

Having student loans is associated with worse health outcomes and practices, according to a new study published in the Journal of American College Health. universities, looking to see whether there was a relationship between student loan presence and the health of students.

article thumbnail

New Mexico' to Provide Student Loan Forgiveness for Students Enrolling in Health Programs

Diverse: Issues in Higher Education

New Mexico's Higher Education Department has announced that it is accepting applications for a program that will provide up to 100 percent student loan forgiveness for New Mexico residents who graduated from one of the 23 out-of-state professional and graduate programs.

article thumbnail

Study: Congressional Discussions of Student Loans Avoid Race Almost Entirely

Diverse: Issues in Higher Education

Louise Seamster, assistant professor in sociology and criminology and African American studies at The University of Iowa. But at the highest levels of power, where decisions about student loan policy are made, race is barely discussed at all.