Repayment Assistance Plan (RAP) and Other Proposed Changes in the Reconciliation Bill
Congressional Republicans are advancing a budget reconciliation package that proposes a significant overhaul of the federal student loan repayment system, including a Repayment Assistance Plan to replace IDRs. Understanding these proposed changes is critical to...
Federal Student Loans Could Change Under Budget Reconciliation Bill
The House Education and Workforce Committee’s “Student Success and Taxpayer Savings Plan” would drastically change federal student loans and financial aid. This is a Congressional Republican initiative through a budget reconciliation bill in the...
Department of Education Calls on Colleges for Student Loan Default Aversion
The reverberations of the Department of Education’s recent “Dear Colleague Letter” (GEN-25-19) are being felt across higher education institutions nationwide – and for good reason. This isn’t just another administrative update; it’s a...