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fromInside Higher Ed | Higher Education News, Events and Jobs
7 hours ago

ED Transfers Defaulted Loan Collection Duties to Treasury

With roughly nine million student borrowers in default, the Treasury Department will "assume operational responsibility for collecting" on those loans, the Education Department announced Thursday. The move is ED's latest effort to render itself obsolete as part of the Trump administration's plan to eliminate the department. This is the 10th interagency agreement it has signed to share with or spin off functions to other federal agencies.
Education
Higher education
fromLondon Business News | Londonlovesbusiness.com
2 days ago

UK to shift renewables subsidies to CPI, highlighting student loan disparity - London Business News | Londonlovesbusiness.com

The Renewables Obligation will switch from RPI to CPI indexation in April 2026, lowering costs, while Plan 5 student loans remain RPI-linked, creating a policy inconsistency that increases graduate debt burdens.
#save-repayment-plan
NYC parents
fromBusiness Insider
1 week ago

Millions of student-loan borrowers are kicked off of Biden's key affordable repayment plan in a surprise court reversal

The 8th Circuit ordered approval of Trump's settlement to eliminate the SAVE student-loan repayment plan, requiring enrolled borrowers to transition to alternative plans.
NYC parents
fromBusiness Insider
1 week ago

Millions of student-loan borrowers are kicked off of Biden's key affordable repayment plan in a surprise court reversal

The 8th Circuit ordered approval of Trump's settlement to eliminate the SAVE student-loan repayment plan, requiring enrolled borrowers to transition to alternative plans.
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Higher education
fromAbove the Law
2 weeks ago

Private Loan Exchange Launches As Federal Lending Tightens The Screws On Law Students - Above the Law

Federal student loan policy changes have reduced graduate student borrowing options, forcing law students toward private loans, prompting AccessLex Institute to launch a nonprofit-curated private loan directory.
UK news
fromwww.theguardian.com
3 weeks ago

Labour ministers exploring ways of easing burden of plan 2 student loans

The Treasury and Department for Education are reviewing relief options for plan 2 student loans after pressure over a policy causing graduates to pay significantly more than borrowed amounts.
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