South Carolina Higher Ed Agency Short $25 Million on Scholarships Already Awarded
South Carolina’s higher education agency is $25M short on scholarships already awarded — three years after a $152M surplus exposed projection failures.
Pell Grant Eligibility Jumped 31% After FAFSA Simplification, GAO Finds
A new GAO report finds FAFSA simplification expanded Pell Grant eligibility by 570,000 students and added 1.9 million to the max award rolls.
UC Irvine Cuts MBA Tuition to $99,000 to Slip Under New Federal Loan Cap
UC Irvine’s Merage School is cutting MBA tuition to $99,000 to fall under the new $100,000 federal graduate loan cap. But there’s a catch for borrowers.
Education Department Stops Updating Key School Data After Cutting Research Arm
Education Department’s update of Education Statistics stopped updating after cutting its research arm. Key school data is now over a year old.
SAVE Forbearance Is Ending: 7 Million Borrowers Face Repayment Restart
SAVE forbearance ends 90 days after your servicer contacts you starting July 1. Most borrowers face an end-of-September restart. Here’s what to do.
Canvas Hack Hits Nearly 9,000 Schools And Interrupts Online Access Right Before Finals
Canvas LMS was held for ransom by ShinyHunters hackers, hitting nearly 9,000 schools during finals week. Here’s what students and parents need to know.
This Week In College And Money News: May 8, 2026
The private student loan market is doubling, Campbell cuts tuition, faculty buyouts hit major schools, and SAVE borrowers must pick a new plan before July 1.
How America Plans for College 2026: Key Stats
New Sallie Mae How America Plans for College 2026 report shows higher savings, earlier planning, and big knowledge gaps about loan interest and aid.
Education Department’s New Rules May Block PAYE Enrollment Before July 1 Deadline
New Education Department rules effective July 1, 2026 may block many borrowers from enrolling in the PAYE student loan repayment plan before its 2028 phaseout.
College Students Expect $80,000 Starting Salaries — The Real Number Is $24,000 Less
College students expect $80K starting salaries but actual average is $56,153 — a $24K gap that directly affects student loan repayment plans.
New Parent PLUS Limits Take Effect July 1 — What Families Need To Plan For Fall
Parent PLUS loans will be capped at $20,000/year and $65,000 lifetime starting July 1, and Grad PLUS ends. Here’s what families with fall 2026 students need to know.