The college financial aid form has long been a stressor for high school seniors and their parents. Fixes have made it simpler and faster to complete, officials say.
Category: Education Department (US)
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FAFSA Form for College Aid Will Be Less Stressful This Year, Officials Say
The New York Times – Business: -
Many Student Loan Borrowers May Have to Switch to Worse Repayment Plans
The New York Times – Business:In an usual move, Congress worsened terms for some existing borrowers. Now they’ll have to pay more, and for a longer term.
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Education Dept. to Wipe Out Student Loans of 170,000 More Defrauded Borrowers
The New York Times – Business:The sprawling case, centered on students defrauded by for-profit schools, has now become the largest class-action settlement in American history.
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Nursing Students and Others Get Higher Student Loan Limits
The New York Times – Business:A legal challenge to a law that takes effect this week has doubled the amount certain graduate students can borrow from the federal government to $50,000 per year.
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Record Number of Student Loan Borrowers Are in Delinquency and Default
The New York Times – Business:Recently released data from the Education Department showed that by the end of last year, 7.7 million borrowers had defaulted on $181 billion in federal student loans.
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Two Ohio Nursing Programs Show What Could Happen as US Limits Student Borrowing
Two different nursing school programs in Ohio offer a glimpse into what may happen when federal student borrowing has limits.
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Big Changes Are Coming to Student Loans. Here’s What to Know if You’re Struggling.
Millions of borrowers who are behind can expect the government to tighten the options in 2026. Experts say take action now to get help.
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More Student Loan Borrowers Are Shedding Debts in Bankruptcy
A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like them should try.
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Student Loan Borrowers in Default Could See Wages Garnished in Early 2026
Starting the week of Jan. 7, the Dept. of Education will begin sending notices about paycheck deductions to about 1,000 of five million borrowers in default.
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Trump Rule Could Ban Some Public Servants From Student Loan Forgiveness
A new rule could disqualify certain employers from the Public Service Loan Forgiveness program that are deemed to be engaged in “illegal activities.”
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Education Dept. Agrees to Resume More Student Loan Cancellations
Hailed as a win for borrowers, the agreement will enable more enrollees in income-driven repayment plans to have their remaining debt canceled.
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Student Loan Cancellation Is Restarting for Some Federal Borrowers
After a halt for most of the year, borrowers enrolled in one income-driven repayment plan may begin to receive loan discharges within weeks.