Search Results For loans

Department of Education prepares to reopen income-driven repayment plans

Yahoo News | March 26, 2025

The Education Department plans to reopen applications for income-driven student loan repayment programs as soon as Wednesday, allowing borrowers to once again cap monthly payments based on their income.

Department of Education lawsuits: 2 coalitions challenge Trump's plans

Matt Zalaznick | March 24, 2025

Two coalitions of higher ed and K12 advocates filed separate lawsuits this week, hoping to derail President Donald Trump's executive order to close the Department of Education.

Data: A look into the Department of Education's spending

Alcino Donadel | March 23, 2025

The Department of Education manages a $1.47 trillion student loan portfolio as of FY24. Some policy leaders are uncertain whether other federal agencies are prepared to absorb the responsibility.

U.S. Education Department insiders warn student loan system at risk: 'The gatekeepers are gone'

UB Custom Publishing | March 23, 2025

Mass firings spark concern as Education Department employees say cuts set stage for widespread fraud and abuse.

Strong feelings are emerging about Trump's executive order

Alcino Donadel | March 20, 2025

From "creative destruction" to "political theater," education leaders have expressed various viewpoints about the possible dissolution of the Department of Education.

With hundreds fewer workers, can the Federal Student Aid office still function?

Marc Rodriguez | March 20, 2025

Current and former staffers, financial aid officers and previous education secretaries are doubtful the office that helps students pay for college won't be disrupted by mass layoffs and resignations.

Here is one big way the private sector can step up amid shrinking federal support

Alcino Donadel | March 18, 2025

Institutions will need to seek more partners in the private philanthropic space to help support student financial aid. Income-based loans are one way to maximize contributions, according to these nonprofit leaders.

How HBCUs and businesses can inspire the next generation of data scientists

UB Custom Publishing | March 17, 2025

To successfully drive change, companies of all kinds need to act now to prepare upcoming data scientists and business leaders. Doing so requires more than providing funding or internships.

McMahon: Funding is safe but mass layoffs are "first step" to full closure

Matt Zalaznick | March 11, 2025

Student loans and Pell Grants are safe but Secretary of Education Linda McMahon says she has started the process of shutting down the Department of Education.

Here are the latest changes to this loan forgiveness program

Alcino Donadel | March 09, 2025

President Donald Trump issued an executive order that limits which nonprofit organizations qualify for Public Service Loan Forgiveness based on whether they participate in "illegal" or "harmful" activities.

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