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…
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Education 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 to Overhaul Federal Student Loan Rules
RISE Committee reaches agreement on regulatory changes required under the One Big Beautiful Bill Act. The U.S. Department of Education recently finished negotiating rulemaking on student loan reforms…
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Education 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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Verification Measures Launched to Stop Student Aid Fraud
The federal initiative seeks to block identity theft, protect taxpayer dollars, and support legitimate students and institutions. The U.S. Department of Education is launching a nationwide anti-fraud initiative…
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Federal Student Aid to Begin Collecting Student Loan Debts of 5 Million Americans
The education secretary announced the agency will start to collect debts from borrowers who defaulted before the pandemic on May 5th. The Department of Education announced last month…
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President Trump Signs “Common Sense” Education Reform Orders
School discipline, artificial intelligence technology, and workforce transition were addressed. President Donald Trump signed new executive orders this past week to reform the U.S. education system. One order…
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FTC Increases Enforcement of Impersonation Rule
First-year actions under Impersonation Rule led to legal cases and website takedowns amid nearly $3 billion in reported losses. The Federal Trade Commission (FTC) has increased enforcement of…
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