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Advertisement billboard displaying logo of The University of Chicago, a private research university in Chicago, Illinois
News
May 17, 2026

UChicago Doubles Free Tuition Threshold To $250,000 — One Of The Highest In The U.S.

UChicago will offer free tuition to families earning under $250,000 starting fall 2027 — the highest income threshold among elite private universities.

Boston Massachusetts Institute of Technology campus with trees and lawn
News
May 16, 2026

MIT To Admit Fewer Graduate Students As Federal Research Funding Drops 20%

MIT will admit 500 fewer grad students next year as federal research awards drop 20%+ and the 8% endowment tax squeezes university budgets.

The Circle City Classic Parade, Members of the Thorobred Marching Band from the Kentucky State University, performing at the parade
News
May 15, 2026

This Week In College And Money News: May 15, 2026

Federal student loan rates rise for 2026-27, wage garnishment restarts this fall, Canvas pays the ransom, and a new Texas study confirms college pays off.

Brigit review
Personal Loans
May 15, 2026

Brigit App Review: Pros, Cons, And Alternatives

Brigit offers cash advances, credit building, and budgeting tools to help users better manage short-term finances. Learn more.

United States Secretary of Education Linda E. McMahon during a House Education Committee hearing in the Rayburn House Office Building in Washington D.C., on Thursday, May 14, 2026.
News
May 14, 2026

McMahon Defends Education Department Dismantling, New Grad Loan Caps in House Hearing

Linda McMahon defended dismantling the U.S. Education Department before the House committee, citing a 45% staff cut and new graduate loan caps.

Refinance student loans on the computer
Student Loan Refinance
May 14, 2026

What Credit Score Is Needed To Refinance Student Loans?

Most refinance lenders require a 650 to 680 FICO score, but the lowest advertised rates demand 740-plus. See each lender’s real cutoff here.

U.S. Department of Education Secretary Linda McMahon testifies before a U.S. Senate Appropriations Labor, Health and Human Services, Education, and Related Agencies Subcommittee hearing on U.S. President Donald Trump’s budget request for NASA, on Capitol Hill in Washington, D.C., U.S., April 28, 2026. REUTERS/Elizabeth Frantz
News
May 13, 2026

IDR Backlog Falls to 530,295 in April as Education Department Sets New Processing Record

IDR backlog fell to 530,295 in April 2026 as the Education Department decided a record 456,594 applications but reporting issues delay other numbers.

U.S. Senator Jeff Merkley (D-OR) speaking at a press conference at the U.S. Capitol in Washington, D.C. (Photo by Michael Brochstein/Sipa USA)
News
May 13, 2026

Democrats File Resolution to Block ED’s OBBBA Student Loan Final Rule

Democrats filed a bicameral CRA resolution to block ED’s OBBBA student loan rule, which ends SAVE, caps grad and parent borrowing, and takes effect July 1.

Tired or stressed man at computer due to defaulted student loan debt. Source: The College Investor
News
May 13, 2026

NY Fed: 3.6 Million Federal Student Loan Borrowers Have Defaulted Since October

The NY Fed reports 3.6 million federal student loan borrowers defaulted in Q4 2025 and Q1 2026 — and a second wave from SAVE plan could follow.

Charity For Student Loan Debt
Loan Forgiveness
May 13, 2026

Are There Charities That Pay Off Student Loans? Here’s What’s Real In 2026

Charities that pay off student loans are mostly a myth. Here’s what the Debt Collective, federal forgiveness, and employer SLRA programs actually cover.

Federal Student Loan Interest Rates Set To Rise This Fall
Federal Student Loans
May 12, 2026

Federal Student Loan Interest Rates For 2026-2027

Interest rates on new Federal student loans are set to rise slightly for the 2026 – 2027 school year.

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30 Most Expensive Colleges in 2026: Tuition Tops $72,000 at Every School on the List

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MINNEAPOLIS/USA - July 23: Tate Labratory on the campus of the University of Minnesota. The University of Minnesota is a university in Minneapolis and St. Paul, MN and the 6th largest university in the USA.

Why Is College So Expensive? 5 Forces Behind Rising Tuition Costs

EVANSTON, IL,USA - JUNE 20, 2021 - Entrance sign and gardens to Northwestern University.

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