#federalloans
Millions must switch repayment plans after SAVE program shutdown
The U.S. Department of Education announced on Friday, March 27, 2026, that millions of federal student loan borrowers will be removed from the Saving on a Valuable Education (SAVE) repayment plan, following a federal appeals court decision earlier in March that blocked the program after nearly two years of legal challenges. The SAVE plan, introduced in 2023 under the Biden administration, aimed to reduce monthly payments and expand loan forgiveness. However, several Republican-led
Millions must switch repayment plans after SAVE program shutdown
The U.S. Department of Education announced on Friday, March 27, 2026, that millions of federal student loan borrowers will be removed from the Saving on a Valuable Education (SAVE) repayment plan, following a federal appeals court decision earlier in March that blocked the program after nearly two years of legal challenges. The SAVE plan, introduced in 2023 under the Biden administration, aimed to reduce monthly payments and expand loan forgiveness. However, several Republican-led
Nursing funding at risk after Department of Education redefines professional degree programs
The Department of Education’s decision to exclude nursing from its updated definition of a “professional degree” has set off widespread concern among national nursing organizations, which argue the change could significantly restrict access to advanced nursing education and deepen the country’s ongoing workforce shortage. The redefinition comes as part of the federal government’s implementation of President Donald Trump’s “One Big Beautiful Bill Act,” a sweeping measure that r
Nursing funding at risk after Department of Education redefines professional degree programs
The Department of Education’s decision to exclude nursing from its updated definition of a “professional degree” has set off widespread concern among national nursing organizations, which argue the change could significantly restrict access to advanced nursing education and deepen the country’s ongoing workforce shortage. The redefinition comes as part of the federal government’s implementation of President Donald Trump’s “One Big Beautiful Bill Act,” a sweeping measure that r
Student loan forgiveness resumes under ICR and PAYE repayment plans after new agreement
Millions of student loan borrowers in the United States are once again eligible for debt forgiveness following the reinstatement of two major federal repayment programs. The Department of Education has announced that it will resume canceling the debts of qualified borrowers enrolled in the Income Contingent Repayment (ICR) and Pay As You Earn (PAYE) plans. This decision restores a critical form of relief for many borrowers who rely on income-driven repayment systems to manage their student loan
Student loan forgiveness resumes under ICR and PAYE repayment plans after new agreement
Millions of student loan borrowers in the United States are once again eligible for debt forgiveness following the reinstatement of two major federal repayment programs. The Department of Education has announced that it will resume canceling the debts of qualified borrowers enrolled in the Income Contingent Repayment (ICR) and Pay As You Earn (PAYE) plans. This decision restores a critical form of relief for many borrowers who rely on income-driven repayment systems to manage their student loan
DC business owner pleads guilty to $1.5M pandemic loan fraud
A Washington D.C. resident has admitted to defrauding the federal government of pandemic relief funds by misusing a large disaster loan meant to support struggling businesses. Jennifer May, 43, pleaded guilty to one count of wire fraud after investigators found that she fraudulently obtained $1,500,000 in Economic Injury Disaster Loans, funds that were provided during the COVID-19 pandemic to help small businesses meet critical expenses. Her guilty plea has set
DC business owner pleads guilty to $1.5M pandemic loan fraud
A Washington D.C. resident has admitted to defrauding the federal government of pandemic relief funds by misusing a large disaster loan meant to support struggling businesses. Jennifer May, 43, pleaded guilty to one count of wire fraud after investigators found that she fraudulently obtained $1,500,000 in Economic Injury Disaster Loans, funds that were provided during the COVID-19 pandemic to help small businesses meet critical expenses. Her guilty plea has set









