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The megalaw reduces the number of federal student loan repayment options and places a cap on how much individuals can can borrow for higher education.
Proposed federal student loan caps would limit how much parents can borrow to help pay for their children’s college.
Federal lawmakers are considering major changes to the student loan system, including new borrowing limits.
Artificial intelligence-powered bots are stealing millions in federal student loans, according to cybersecurity company Avast.
A federal judge on Tuesday issued a preliminary injunction lifting the first Trump administration’s freeze on nearly $1 billion in electric vehicle (EV) infrastructure funding, calling the freeze ...
Congress designated money for building new EV chargers, but the Trump administration put a freeze on those funds. A federal judge issued a preliminary injunction ordering the program to resume.
As colleges face mounting financial challenges, institutional aid budgets could take a significant hit, passing costs to students and undermining promising access initiatives.
Student loan delinquencies are on the rise, with the Department of Education resuming debt collection for millions of borrowers. The $1.6 trillion student loan crisis is becoming more pressing.
A small decline in interest rates on federal loans for next school year is the first in five years. It comes amid turmoil in student loan and financial aid programs.