Student borrowers could see credit scores drop for late loan payments Nearly 9.7 million student loan borrowers will see drops in credit scores, according to the Federal Reserve. Straight Arrow News Student loan collections will resume May 5th after a five-year pause. Millions of borrowers risk wage garnishment, impacting social security and tax returns. Defaulting
More than 600 positions have been eliminated from the Federal Student Aid office, internal documents show. Now, in many places, “no one is identifying schools that are failing financially.” WASHINGTON – President Donald Trump has made it a top priority to dismantle and reorganize the federal Education Department. Simultaneously, he has promised time and again
Mixed reactions to Trump’s order to dismantle Education Department Residents in Columbia, Missouri, and New York City reacted to President Donald Trump’s executive order aimed at dissolving the Education Department. WASHINGTON — President Donald Trump signed a long-anticipated executive order seeking to eliminate the U.S. Department of Education, which he said was “45 years in
Is this the end of the Department of Education? Recent moves by the Trump administration effectively signal his fulfillment of a campaign promise to end ED. President Donald Trump is expected to sign an executive order Thursday afternoon aimed at dismantling the U.S. Department of Education. According to the order, the department aims to “return
After President Donald Trump‘s administration slashed half of the U.S. Department of Education‘s staff amid mass layoffs and buyouts, millions of students, parents, teachers, administrators and support staff may be wondering, “What does that mean for us?” A preliminary tally of most of the cuts shows the Federal Student Aid Office, which handles student loan
The U.S. Department of Education announced Tuesday it would lay off nearly half its staff as part of its “final mission” as the Trump administration follows through on plans to shut down the agency and cut federal bureaucracy. The cuts will leave the department with 2,183 employees, down from 4,133 when President Donald Trump took office
Will the U.S. Department of Education be disbanded by Trump Administration? This video examines the historical foundation of the U.S. Department of Education, its mission to promote equal access and accountability in education, and the conservative-driven debate over its future. The Trump administration’s proposed cuts to the U.S. Department of Education have raised question by
Linda McMahon confirmed by Senate for Education secretary The Senate confirmed GOP donor and former wrestling executive Linda McMahon to head the Department of Education with a 51-45 vote. President Donald Trump is seeking to eliminate the U.S. Department of Education, according to a draft of an executive order reviewed by USA TODAY. As Trump
Student loans are holding borrowers back A new Gallup poll finds that most student loan borrowers are delaying other major life events due to their debt. President Joe Biden’s administration has worked to forgive or lower student loan repayments, but now one of the main programs helping millions of Americans is in court and borrowers