Nelnet FAQ Signals Department Of Education Cut SAVE Exit Timeline By 3 Months
Nelnet’s updated FAQ signals the Department of Education shortened the SAVE exit timeline: all 7 million borrowers likely get 90-day notices by end of 2026.
Follow the latest personal finance news, from student loan debt, higher education, and financial aid to taxes and investing.
IRS Data: Families Paid Just $464 On Average In 529 Plan Penalties
New IRS data shows only 165,000 tax returns paid the 529 plan penalty for 2023, totaling $76.6 million – an average of just $464 per family.
Ninth Circuit Rejects Education Department’s Bid To Delay Loan Forgiveness
The Ninth Circuit affirmed Sweet v. McMahon settlement deadlines, ordering the Department of Education to deliver debt relief to 170,000+ borrowers.
Common Sense Media Rates Google AI Search An “Unacceptable Risk” For Kids
Common Sense Media rated Google’s AI Overview and AI Mode an unacceptable risk for kids, citing failed safety tests, fabricated facts, and no off switch.
Gov. Pillen Orders $36 Million Mid-Year Cut To University Of Nebraska
The University of Nebraska System faces a surprise $36 million state funding cut after Gov. Jim Pillen ordered mid-year spending reductions.
Millions Leaving SAVE Could Still Owe $0 Per Month — But Most Haven’t Run The Numbers
The SAVE plan is ending, but up to 3 million borrowers may still qualify for $0 student loan payments on IBR. See the 2026 income cutoffs.
Gallup: Americans’ Confidence In Higher Education Falls To 38% As AI Doubts Grow
Americans’ confidence in higher education fell to 38% in 2026, per Lumina-Gallup. Cost, campus politics, and AI’s threat to degrees drive doubts.
Education Department Asks Court To Toss Final Lawsuit Blocking SAVE Plan Shutdown
Education Dept. asks court to dismiss the last lawsuit blocking the SAVE shutdown, saying borrowers skipped a free 2025 tax fix and only $1,320 is at stake.
UC Admissions Board Scraps SAT Review Plan One Day Before Regents Meet
UC’s admissions board rescinded its plan to review SAT/ACT requirements days before regents meet, with no new timeline for the testing decision.
Education Department Updates Professional Degree List Again: More Nursing Programs Qualify
The Department of Education updated its professional degree list again, expanding nursing program eligibility and adding Ph.D. clinical psychology programs.
House Republicans Move To Dismantle The Department of Education
The Less Bureaucracy, Better Education package would split Education Department programs across five agencies. Key impacts for students and borrowers.