SAVE Borrowers Have 90 Days After July 1 to Switch Plans
The Department of Education will give SAVE borrowers 90 days after July 1 to pick a new plan — or be auto-enrolled in standard repayment. Here are the options.
Pitt Launches Free Tuition for Pennsylvania Families Earning Under $75,000
The University of Pittsburgh will cover full tuition at its Bradford, Greensburg, Johnstown, and Titusville campuses for PA families earning under $75K.
53% Of College Students Feel Pressured By Social Media To Overspend
WalletHub’s new student money survey finds 53% of college students feel social media pressure to overspend and 28% question their tuition’s value.
This Week In College And Money News: May 1, 2026
The Education Department finalizes new student loan rules effective July 1. Plus: 15 HBCUs launch a research coalition, a $10K AI degree is announced, and a court blocks admissions data collection at 170+ colleges.
Department of Education Finalizes Loan Limits and Repayment Plan Changes
The Education Department finalized new student loan limits, ended Grad PLUS, and launched two new repayment plans. Here’s what changes July 1, 2026.
Idaho Approves Largest Tuition Hike in Three Years
Idaho’s State Board approved 4.4-4.7% tuition increases (the largest in three years) signaling a broader increase in public college costs.
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.
9 Colleges Closing In 2026: Full List Of Closures
Hampshire, Anna Maria, Lourdes and six more U.S. colleges will close in 2026. See the full list of closures and six major mergers underway.