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IDR Applications Back Online After Court-Mandated Revision
IDR Applications Back Online After Court-Mandated Revision

Good news for student loan borrowers! The U.S. Department of Education’s Office of Federal Student Aid (FSA) has reopened the online income-driven repayment (IDR) plan and loan consolidation applications. This comes after a temporary pause necessitated by a recent...

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Why Colleges Should Stay Optimistic
Why Colleges Should Stay Optimistic

This week's leading story in higher education was about the significant reductions in the Department of Education. These cuts understandably caused concern for college leaders. Change is never easy, but colleges should focus on opportunities for growth and innovation....

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Student Loan Borrowers See Credit Scores Drop
Student Loan Borrowers See Credit Scores Drop

The Wall Street Journal and other news outlets reported that student loan borrowers' credit scores are dropping. Here's a look at the current situation: Bad News: Credit scores of student loan borrowers have dropped Approximately 43% of federal student loan borrowers...

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Record High Student Loan Defaults Are Coming
Record High Student Loan Defaults Are Coming

The warnings have been sounded. As we highlighted in previous blogs, the end of the three-year pandemic era payment pause, ongoing borrower confusion, federal servicer limitations, and economic pressures have created a perfect storm for a student loan default crisis....

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