Fed Holds Rates Steady In Rare 8-4 Split: What It Means For Savings, CDs, And Mortgages
The Federal Reserve held rates steady April 29 in a rare 8-4 split. Here’s what the pause means for HYSA yields, CD rates, and 30-year mortgage pricing.
Education Secretary McMahon: 1 in 4 Student Loan Borrowers Now Delinquent or in Default
Education Secretary Linda McMahon told a Senate subcommittee that more than one in four federal student loan borrowers are delinquent or in default.
Borrowers Report Parents Loans Showing Up on Their Student Aid Accounts After Weekend Update
Borrowers say their parents’ Parent PLUS Loans (many discharged, some showing default) appeared on their StudentAid accounts after the FSA weekend update.
FAFSA’s Real-Time Fraud Tool: What Students Need to Know Before They Apply
The Education Department’s new automated FAFSA identity check screens applicants for fraud in real time, targeting a $1 billion ghost student problem.
8 Colleges Closing In 2026: Full List Of Closures
Hampshire, Anna Maria, Lourdes and five more U.S. colleges will close in 2026. See the full list of closures and six major mergers underway.
43 Million Americans Have Some College But No Degree — Here’s Why They Left
New survey: 35% of college dropouts left over personal finances, not academics. 43.1 million Americans have some college, no degree.
Senate Democrats Push To Extend SAVE Plan Transition Deadline For 7M Borrowers
Senate Democrats led by Merkley, Kaine, Warren, and Whitehouse press Education Secretary McMahon to extend the 90-day SAVE Plan transition deadline.
52 USC Marshall Professors Sign Letter Warning Of Business School’s “Downward Trajectory”
52 USC Marshall faculty signed a letter warning Dean Garrett of a “downward trajectory” in rankings, revenue, and reputation. Here’s what they want.
Community College Enrollment Climbs as 18-to-20-Year-Olds Lead
Students aged 18 to 20 became the largest share of first-time associate degree earners in 2024-25 as community college enrollment outpaced four-year schools.
Education Department Tells Borrowers To Expect Repayment, Not Forgiveness
Undersecretary Nicholas Kent told AEI that student loan forgiveness “is not happening” as Treasury takes over default collections and RAP launches July 1.
This Week In College And Money News: April 24, 2026
FTC shuts down $8.8M student loan scam, Louisiana rejects scholarship repayment bill, 442 colleges face closure risk, and COVID remote learning still hurts enrollment.