Some graduate degrees are not seen as "professional" ones. This might make it harder for students to get loans. The list of professional degrees includes things like pharmacy, dentistry, and law. But nursing and other degrees are not on this list. The Department of Education says this won't be a bi
New rules from the U. S. Department of Education have stirred up a storm. Nursing degrees are no longer classified as "professional" degrees. This change, along with the end of a key loan program, has nursing groups up in arms. The changes come under President Donald Trump's "One Big Beautiful Bill
The Education Department has taken a big step forward in changing student loans. They finished a key meeting last week to figure out how to put new rules into action. These rules come from a law called the One Big, Beautiful Bill Act, which President Trump signed last year. The changes will affect h
SoFi Technologies is making waves in the financial world, with its stock price climbing 36% in 2025. This surge is driven by two major factors: changes in crypto regulations and student loan policies. First, let's talk about crypto. The Office of the Comptroller of the Currency (OCC) has issued som
The recent legislation signed by President Donald Trump, dubbed the "Big Beautiful Bill, " brings significant changes to student loan repayment. This bill, passed by Congress, introduces new rules that could make it tougher for borrowers to manage their loans. One of the biggest changes is the elim
The Education Department has decided to stop taking money from the Social Security checks of people who haven't paid back their student loans. This is big news for many older Americans who were worried about losing part of their income. The government had recently started collecting these overdue lo
The government is restarting the collection of defaulted student loans. This move affects millions of borrowers who have not made payments in a long time. The Department of Education will start taking money from tax refunds, Social Security benefits, and even wages of those who are in default.
The Education Department is set to resume collection efforts on defaulted student loans starting next month. This move affects about 5. 3 million borrowers who have fallen behind on their federal student loans. These individuals may soon face wage garnishment, tax refund seizures, and reductions in
The U. S. Department of Education has announced that it will restart collecting on defaulted student loans starting May 5. This decision affects millions of borrowers who have not made a payment in over a year. In total, over 5 million borrowers are currently in default, and this number is expecte
The Department of Education might be shutting down, but what does this mean for student loans and the FAFSA? The Small Business Administration (SBA) is stepping in to manage federal student loans. This shift comes after significant cuts to the Department of Education's staff and resources. The SBA,
