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Student Loan Default and Delinquency Consequences Return
Student Loan Default and Delinquency Consequences Return

Federal student loan payments officially resumed over a year ago, ending over three years of paused payments to provide borrowers relief during and following the COVID-19 pandemic. Beginning this month, the full consequences for late payments will take effect,...

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College Closures: Why So Many Nonprofits Closed in 2024
College Closures: Why So Many Nonprofits Closed in 2024

Over 70 colleges closed in the U.S. since 2020. In 2024 alone, nearly 20 nonprofit colleges and universities closed -- a stark reminder of higher education's challenges. Was there any way these institutions could have overcome those challenges? Let's analyze the top...

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Student Loan Repayment Updates for End of Year
Student Loan Repayment Updates for End of Year

Borrowers should expect updates to student loan repayment plans and forgiveness policies when the Trump administration takes over next year. This year has seen much back-and-forth regarding student loan relief efforts, leaving borrowers confused about their options....

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College Enrollment Drops 5% Among 18-year-old Freshman
College Enrollment Drops 5% Among 18-year-old Freshman

Higher education has taken another shift this year, with a significant 5% decrease in the enrollment of 18-year-old college freshmen. This downturn was a surprising contrast to last year's growth and has raised concerns among college leadership and policymakers....

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Two Income-Driven Repayment Options are Returning
Two Income-Driven Repayment Options are Returning

Income-driven repayment (IDR) plans provide federal student loan borrowers with a sustainable way to lower their monthly payments. Among IDR plans, Pay As You Earn (PAYE) and Income-Contingent Repayment (ICR) became popular options to help borrowers reach forgiveness....

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What Happens if the Department of Education Closes?
What Happens if the Department of Education Closes?

Earlier this week, President-Elect Trump announced on social media that he intends to close the Department of Education (ED) early in his administration and transfer responsibilities of educating our children to the states. Closing ED would require Congressional...

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