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U.S. Sen. Lisa Murkowski (R-AK) and U.S. Sen. Susan Collins (R-ME) walk to the Senate floor during overnight votes at the U.S. Capitol. Murkowski has a blanket wrapped around her shoulders and Collins is wearing a red suit.

‘One Big Beautiful Bill’ Nears the Finish Line

The budget megabill could soon head to the president’s desk, but college lobbyists are still concerned, saying it would be a detrimental overhaul to federal student aid.

Senate Majority Leader John Thune (R-SD) speaks to reporters as returns to his office.

Senate Tweaks ‘Big Beautiful Bill’ Ahead of Final Vote

Workforce Pell is back in and senators exempted small colleges from the endowment tax.

U.S. Education Secretary Linda McMahon, sitting at a table with other members of the cabinet.

Education Department Outlines Plan to Change Debt-Relief Program for Public Servants

The document shows how the agency plans to comply with Trump’s executive order that sought to crack down on who can qualify for loan forgiveness.

A student in business attire turns out their empty pockets in front of a closed college gate.

Graduate Programs Face a Federal Reckoning

Congress wants to significantly cut back on federal loans for grad students. That could decimate the highly profitable graduate degree market—and limit who has access to it.

Close-up of federal financial aid application with calculator and tuition statement

FAFSA to Launch Oct. 1 With Minor Changes

The Department of Education plans to launch this year’s Free Application for Federal Student Aid on Oct. 1, the agency...
Front of Education Department Building

TransUnion: 5M Borrowers Could Default by September

New data from TransUnion shows that nearly two million student loan borrowers are at risk of defaulting on their loans...
Illustration: A toy machine filled with "$" has been broken and some of the toys have fallen out of the damaged glass.

Federal Cuts Put Institutional Aid at Risk

As colleges face mounting financial challenges, institutional aid budgets could take a significant hit, passing costs to students and undermining promising access initiatives.

Illustration: A student looking at a college building standing on a pile of money while under a magnifying glass.

How Senate Republicans Want to Hold Colleges Accountable

The proposed plan would cut some programs off from federal loans if their students don't earn more than an adult with a high school diploma. It's higher ed lobbyists' preferred option.