Treasury Will Auto-Open Trump Accounts For 68 Million Kids Starting October 1
Treasury will auto-open Trump accounts for every eligible child starting October 1, adding 60 million-plus accounts. The $1,000 seed still needs Form 4547.
Education Department And Treasury Launch Online Portal For Student Loan Borrowers In Default
ED and Treasury launched the Defaulted Loans Support Center on StudentAid.gov, letting borrowers apply online to rehabilitate or consolidate defaulted loans.
Education Department Extends 1% Student Loan Auto Pay Discount Deadline To December 31
The Department of Education extended the 1% student loan auto pay discount deadline to December 31, 2026, with nearly 2 million borrowers enrolled.
Senate Passes The Protect College Sports Act: What It Means For NIL Money And Families
The Senate passed the Protect College Sports Act 77-22. Here’s what it changes for NIL pay, agents, transfers, and families footing the bill.
IRS Adds Citizenship Question To Draft 2026 Form 1040
The IRS draft 2026 Form 1040 asks filers if they are citizens or authorized to work, tied to a Treasury rule limiting refundable EITC and child tax credits.
New Senate Bill Would Give First-Time Homebuyers $5 For Every $1 They Save
Sen. Jeff Merkley’s Homeownership Promise Act would match first-time homebuyers’ down payment savings $5 for $1, up to $50,000 in federal HUD grants.
Cornell Wants Admissions To Reward ‘Enough’ Instead Of ‘The Best’ — And Blames The Common App
Cornell’s 238-page Future of the American University report targets AI, admissions, and opaque tuition pricing. Here are its four biggest recommendations.
Santa Clara University Expands California Promise Aid To Families Earning $150,000 Or Less
Santa Clara University will cover tuition, fees, and housing after family contribution for California families earning $150,000 or less from fall 2027.
Student Loan Borrowers In Their 40s Have 45% Smaller 401(k) Balances, EBRI Finds
EBRI finds student loan borrowers in their 40s have median 401(k) balances 45% lower than non-borrowers, and a universal loan match could add $11.2B a year.
Lawsuit Says Education Department Still Reports $4.6 Billion In Cancelled Student Loans
A new class action says the Education Department still reports $4.6 billion in cancelled student loans to credit bureaus, hurting 300,000+ borrowers.
Three Former ED Secretaries Ask Inspector General to Investigate Cost of Education Department Layoffs
Arne Duncan, John King Jr., Miguel Cardona and AFGE Local 252 asked the Education Department inspector general to investigate the cost of 2025 layoffs.