Student Loan Delinquency 3x Higher Than Pre-Pandemic
The return to student loan payments has been rocky, with millions of borrowers now delinquent. Approximately three million student loan borrowers are over three months behind on their payments. According to the National Student Loan Data System (NSLDS), the federally...
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,...
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...
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....