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.
President Joe Biden is following through with a plan B to alleviate the country's student loan crisis, pivoting away from blanket relief for all borrowers to focus on those struggling with growing balances.
The biggest casualty of an institution's thinned budget will be student support services, such as financial aid and tuition discount rates, says Bill Guerrero, University of Bridgeport's CFO.