Tag Archives: Financial Aid

When Student Loans Start Claiming Your Paycheck: What You Need to Know

Recent Developments in Student Loan Collections On April 21, 2025, the Department of Education made a significant announcement: as of May 5, 2025, it will restart efforts to collect on student loans that have fallen into default. Key Insights at a Glance If you neglect to make payments on your student loan, either the lender… Read More »

Unraveling Trump’s Student Loan Saga: A Chronicle of Policy Shifts and Controversies

Roughly 200 days into the Trump presidency, officials at both 1600 Pennsylvania Avenue and the Education Department set out to revamp higher education—and especially the tangle of student debt repayment. Only once did they lean on sweeping legislation—the ambitious One Big Beautiful Bill Act—to push through substantial reforms. Since the calendar flipped to January, lawmakers… Read More »