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The New SAVE Plan for Student Loan Repayment

The New SAVE Plan for Student Loan Repayment

Jul 10, 2023 | News, News Inserts, Student Loan Repayment Assistance

The Saving on a Valuable Education (SAVE) Plan replaces the existing Revised Pay As You Earn (REPAYE) Plan. The SAVE plan is an income-driven repayment option. Borrowers earning less than $15 an hour may have loan payments as low as $0 per month. Borrowers...
SCOTUS Decision on Student Debt Relief

SCOTUS Decision on Student Debt Relief

Jun 30, 2023 | News, News Inserts, Student Loan Repayment Assistance

SCOTUS Blocks Biden’s One-Time Student Loan Cancellation Program The U.S. Supreme Court has rejected the Biden administration’s proposal to cancel student loan debt. The court ruled today on two cases: Biden v. Nebraska and The Department of Education v. Brown. In a...
Student Loan Repayment Will Resume in September

Student Loan Repayment Will Resume in September

Jun 2, 2023 | News, News Inserts, Student Loan Repayment Assistance

The Senate passed legislation late Thursday to raise the debt ceiling, avoiding a government shutdown. A provision in the bill officially terminates the student loan repayment suspension period. Student loan repayment will resume sixty (60) days after June 30, 2023....
Department of Education Testifies to House Subcommittee

Department of Education Testifies to House Subcommittee

May 25, 2023 | News, News Inserts

Secretary James Kvaal and Federal Student Aid COO Richard Cordray represented the Department of Education (ED) during the second House Higher Education and Workforce Development Subcommittee hearing on Wednesday. The hearing covered the Biden administration’s...
Student Loan Default Guardrails that Colleges Can Implement Now

Student Loan Default Guardrails that Colleges Can Implement Now

May 8, 2023 | Default Management, News, News Inserts

The student loan repayment pause will end this year. Repayment is likely to resume in September or October. The Supreme Court will make its decision on the Biden Administration’s one-time student loan forgiveness program next month. Student loan repayment will...
Higher Education Enrollment Cliff  Demands Change

Higher Education Enrollment Cliff Demands Change

Apr 24, 2023 | Enrollment Services, News, News Inserts, Schools

Based on birthrate data from the Centers for Disease Control, the number of college-aged Americans will dramatically decline beginning in 2025. Many experts have deemed this as the “enrollment cliff” for higher education. However, the most recent data from...
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