Federal Student Aid Publishes Nonpayment Rates of Institutions
The U.S. Department of Education’s Federal Student Aid Data Center has released a critical new report: non-payment rates by institution. This data reveals that over 1,000 post-secondary institutions have non-payment rates exceeding 30%, placing them at...
Federal Student Loan Repayment Changes Coming
Federal student loan repayment will undergo significant changes beginning next year due to the recent passage of the “One Big Beautiful Bill.” Additionally, discussions and actions by the current administration indicate a move to restructure or downsize...
Student Loan Borrowers Reach Technical Default for First Time in 5 Years
For the first time in five years, student loan borrowers are reaching the 270-day delinquent point, a status known as “technical default.” This is essentially the “final notice” for borrowers before they officially default on their loans. The...