Draft regulations would tie federal loan eligibility to graduate earnings and open a 30-day public comment period The U.S. Department of Education released a Notice of Proposed Rulemaking…
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Education Department Issues Guidance for Borrowers Enrolled in SAVE Plan
Guidance outlines move to other repayment options following court-approved settlement The Department of Education recently announced guidance directing borrowers enrolled in the SAVE repayment plan to transition to…
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House of Representatives DIGNIDAD Act Promotes Path to Citizenship
The bill, authored in Spanish, would provide 10 million illegals residing in the U.S. a path to citizenship. Representative Maria Elvira Salazar of Florida has introduced a bill,…
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Education and Treasury Departments Partner to Manage Federal Student Aid Portfolio
The Treasury will assist with collections and repayment efforts for the $1.7 trillion federal student aid system. The U.S. Departments of Education and the Treasury announced a Federal…
Read MoreEducation Department Urges Colleges to Strengthen Student Loan Default Prevention
Department guidance outlines institutional responsibilities under federal aid rules as nonpayment rates rise. The U.S. Department of Education recently issued updated guidance reminding colleges and universities of their…
Read MoreEducation Department Delays Involuntary Student Loan Collections
The pause allows rollout of revised federal repayment options. The U.S. Department of Education (The Department) recently announced a temporary delay in involuntary collections (income-driven repayment (IDR) plan)…
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Education Department Announces Review of Brown University for Possible Security Violations
The investigation is the result of department concerns in the aftermath of the shooting on Brown’s campus. The Department of Education announced its intention to review Brown University’s…
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Education Department Announces Prevention of Over $1 Billion in Student Aid Fraud
FSA has stopped artificial intelligence from posing as students and thwarted international organized crime. The Department of Education announced that they prevented $1 billion in Federal Student Aid…
Read MoreEducation Department Updates Student Loan Forgiveness Program Rule
The change blocks access to the PSLF program for employers who engage in illegal or discriminatory activities. President Donald Trump’s administration released a new rule for the Public…
Read MoreFederal Settlement Reinstates Student Loan Forgiveness for Millions
Education Department to cancel billions in debt after lawsuit brought by teachers’ union. The U.S. Department of Education agreed to cancel billions of dollars in federal student loan…
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