Inside Higher Ed Katherine Knott March 7, 2023 A nearly three-year payment pause and forthcoming changes to income-driven repayment mean that fewer student borrowers will likely default on their loans. Here’s what that means for accountability. The Biden administration’s planned changes to how student borrowers can repay their loans likely mean that fewer students will default on […]
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The Hechinger Report Jill Barshay March 6, 2023 Even in states with progressive funding, researchers find there’s not enough for the neediest students Community colleges say they can’t help the neediest students get through college successfully without more funding. But these institutions, which educate 10 million students a year or 44 percent of all undergraduates, […]
Read MoreInside Higher Ed Katherine Knott March 7, 2023 SoFi Bank, a private student loan lender, says it has lost $300 to $400 million in total revenues because of the three-year pause on federal student loan payments, and it wants that pause to end. In a lawsuit filed in the federal district court for the District of Columbia, the […]
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Best Colleges Matthew Arrojas March 6, 2023 If successful, it will become more difficult for borrowers defrauded by their college to have their federal loans discharged. The Department of Education plans to institute new rules that erase student debt for borrowers whose college defrauded them. A Texas trade association representing for-profit colleges filed the lawsuit […]
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