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May 7, 2025
Republicans Unveil Plan to Rein in Student Debt and Waste in Higher Education
In a significant development for higher education policy, House Republicans have unveiled a sweeping proposal to reform student loans and financial aid through the federal budget reconciliation process. This effort, which complements President Trump’s recent executive order on accreditation reform, signals a renewed push to rethink how the federal government supports students and holds institutions accountable for…
April 24, 2025
It’s About Time: Bring Back Those Student Loan Collections
This week, the Department of Education announced that on May 5 it will begin collecting on defaulted student loans. This will be the first time since March 2020 that borrowers who have either chosen not to or been unable to make their student loan payments will once again face significant financial consequences for their delinquency. Borrowers…
May 9, 2024
The Federal Student Loan Program Is Unraveling
The Biden administration recently announced its most ambitious attempt yet at student debt forgiveness. Taken together with the series of initiatives the administration has already pushed forward, the new plans promise to reduce or eliminate student debt for more than 30 million borrowers. Unfortunately, the debt-cancellation campaign fails to address the underlying problems with student lending — and such efforts at mass forgiveness only…