Student Aid

Collections on Student Loan Borrowers in Default Resume

in Student Aid

After a five-year hiatus, the U.S. Department of Education says it will begin resuming collections of defaulted student loans on May 5. Of the more than 42.7 million student loan borrowers in the U.S., who owe a collective $1.6 trillion, the department says that more than 5 million have not been able to make payment in the past year. That number is expected to grow as an additional 4 million borrowers are approaching default status.…

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This Year’s FAFSA Is Now Available

in College, College Applications, Student Aid

The Free Application for Federal Student Aid (FAFSA) is now open to all students and families hoping to get help paying for college in the 2025-26 school year. After weeks of testing the online form, the U.S. Department of Education released the official application on Thursday. The paper form is also now available. This year’s FAFSA may not look new, but it’s certainly improved compared to last year’s version. “It’s a piece of cake, honestly,”…

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