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Department of Education Resumes Federal Student Loan Collections After Four-Year Pause

Diverse: Issues in Higher Education

Department of Education announced this week that its Office of Federal Student Aid (FSA) will resume collections on defaulted federal student loans beginning Monday, May 5, 2025, ending a pause that has been in effect since March 2020. The book is scheduled to be released in September 2025.

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Teachers Rally Against Musk's Education Control

Diverse: Issues in Higher Education

Department of Education, teachers, students and union leaders are planning to rally Wednesday against recent actions by Elon Musk's Elon Musk Department of Government Efficiency (DOGE) that they say threaten both educational research and student privacy. Wednesday's protest is scheduled for 11 a.m.

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GAO Releases Data on Return to Student Loan Repayments

Diverse: Issues in Higher Education

Nearly a third of borrowers whose federal student loans entered repayment in October 2023, following the COVID-19 pandemic extended pause, are past due on the payments, according to a newly released report from the U.S. The above pie chart shows the number of federal student loan borrowers in repayment by status, as of Jan.

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Student Loan Deadlines for 2022-2023: COVID-19 Relief, FAFSA and Others

Student Loan Hero

What are the COVID-19 student loan relief deadlines for federal debt repayments? You may have heard some student loan servicers are closing shop — when does that happen? Over next two years: Many federal student loan servicer contracts due to expire. 1: Free Application for Federal Student Aid (FAFSA) opens.

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How Student Loan Amortization Works and How to Handle It

Student Loan Planner

Student loans are rapidly becoming part of everyday life for many people. When paying down your student loan balance, student loan interest, your monthly payment and your principal all interact through a process called amortization.

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Breaking Down Your Financial Aid Letter: What’s Free Money and What’s Not

CFAA College Financial Aid Advisors

What You Have to Pay Back: Loans Loans are the money you borrow to help pay for school, but remember: this is money youll have to repay, with interest. There are federal student loans, which often come with lower interest rates and better terms, and private loans, which can vary in cost.

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Student Loan Repayment Support

HEAG

With the Supreme Court scheduled to issue a verdict on President Biden’s student loan forgiveness plan in the coming days, a final date may finally be available for when students are scheduled to begin their repayment later this year. If … Read more ».