Blog.
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...
What Closing the Department of Education Means for Student Loans
The White House issued an executive order to begin the shutdown of the Department of Education. While the full implications remain, colleges can prepare for changes to how federal education programs are administered. With the potential chaos on student loans after the...
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....
College Financial Sustainability: Budget Mindfulness, Default Aversion, and Strategic Enrollment
Challenges keep coming at college financial sustainability: enrollment instability, student retention issues, growing student loan delinquency rates, and recent changing federal policies and the attempt to dismantle the Department of Education. Institutions must...
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...
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....
How Colleges Can Thrive in a Changing Higher Education Landscape
Higher education is going through changes. Colleges and universities are grappling with complex challenges including fluctuating enrollment, rising student loan delinquency, shifting public perception, and confusing federal policy changes. These issues are not...
Higher Education Uncertainty: Enrollment Trends, Student Loan Delinquency, Future of Federal Aid
The higher education landscape is constantly changing. Institutions face federal policy changes, fluctuating enrollment numbers, and poor student loan repayment records. Colleges must proactively adjust their enrollment strategies, support student loan borrowers to...
Three Challenges for College Administrators: Enrollment, Student Debt, and Public Perception
Congratulations on making it through the first month of 2025. However, college administrators are facing complex issues this year. From shifting demographics and the return of student loan defaults to maintaining academic quality and public trust, the pressure to...
College Enrollment Trends for Fall 2024: Are you keeping pace?
The latest enrollment estimates from the National Student Clearinghouse Research Center for the Fall 2024 school year reveal a complex picture for today's colleges and universities. While overall enrollment has nearly rebounded from pre-COVID levels, the growth is...