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U.S. Department of Education Opens Revised Income-Driven Repayment Plan and Loan Consolidation Applications for Borrowers

U.S. Department of Education March 26, 2025 Today, the U.S. Department of Education’s Office of Federal Student Aid (FSA) reopened the online income-driven repayment (IDR) plan and loan consolidation applications for borrowers. The application was temporarily paused to comply with the 8th Circuit Court of Appeals injunction issued last month, which directed the Department to […]

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New Executive Order Directs Secretary of Education to Facilitate the Department’s Closure

Faegre Drinker  John R. Przypyszny , Jonathan D. Tarnow , Cindy Irani , Sarah L. Pheasant , Asher Friedman Young March 24, 2025 At a Glance On March 20, President Trump issued an executive order (EO) aimed at dismantling the U.S. Department of Education (ED or the Department). The EO directs the Secretary of Education, Linda McMahon, to “take all necessary steps to […]

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Non-Profit Colleges See Spike In Loan Forgiveness Claims

The College Invester Mark Kantrowitz March 24, 2025 Key Points More than 20% of borrower defense claims involve public or private nonprofit colleges, not just for-profit schools. Approval rates for private nonprofit college claims are double those for for-profit institutions. Complaints often focus on employment outcomes, program cost, and credit transfer, varying by institution type. […]

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Trump’s Plan to Move Student Loans to SBA Raises Concerns

Inside Higher Ed  Katherine Knott March 21, 2025 The administration, which wants to close the Education Department, hasn’t said how it would move the $1.7 trillion portfolio to a new agency. Democrats say doing so would be a “clear violation” of the law. A day after White House officials said the Education Department would administer the […]

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