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...
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...
Protecting Higher Education Budgets
The growing challenges facing higher education present significant threats to college budgets. Proposed legislative changes and a looming default crisis threaten to strain institutional resources. To protect higher education budgets, colleges must prepare against...
Student Loan Defaults: What Colleges Need to Know Now
The changes within the Department of Education and Federal Student Aid raise concerns about the rising threat of student loan defaults. While the Q1 2025 data for student loan delinquency is pending, the Q4 2024 data showed delinquency rates that were three times...