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What Will Biden Do on Loans?

The uncertainty has experts worried about borrowers being unprepared for repayment to begin. A source says loan servicers have been told by the Education Department not to send statements to borrowers about the deadline.

Education Department Shuts a ‘Free’ Program for Union Members

The U.S. Education Department says Eastern Gateway Community College’s online program violated federal financial aid rules. The college warns that freezing the program could endanger its future.

A University’s Attempt to Give Back Meets Local Resistance

Fairfield University’s Bellarmine College, designed to give low-income students in neighboring Bridgeport an affordable education, faces pushback from some residents.

Unlocking Stranded Credits

Illinois public colleges and universities, prodded by new state law, become latest to end the use of withholding transcripts from students with institutional debts.

Simplifying Student Loans

Education Department proposes changes to loan programs to make it easier for public service employees and those who attended fraudulent colleges to get their student loans forgiven.
Opinion

The Loan Repayment Pause Is Welfare for the Rich

The 30-month pause on student loan payments is astoundingly regressive, Andrew Gillen writes.

Purdue Backs Off Income-Share Agreements

An early adopter of income-share agreements, Purdue has paused new enrollments in its plan, citing servicing challenges amid the switch to a new vendor. Critics won’t be sad to see them go.

Support for Debt Forgiveness, But…

A new poll shows 82 percent of borrowers believe Biden should make college more affordable.