Author name: mappingyourfuturecathy

Piggy bank with graduation cap on money

Federal student loan borrowers to get rate reduction for enrollment in autopay

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June 19, 2026 By Catherine Mueller Federal student loan borrowers could save some money on their student loans if they enroll in autopay. On June 18, The U.S. Department of Education announced that federal student loan borrowers enrolled in auto pay will be eligible for a 1 percent interest rate reduction beginning July 1. Borrowers who

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Federal student loan borrowers on SAVE repayment plan must choose a new plan soon

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By Catherine Mueller Student loan borrowers on the now defunct federal SAVE plan now face a deadline for selecting a new repayment plan. If a borrower doesn’t act by the deadline later this year, they will be automatically switched to a new plan. In a March 27 announcement, the U.S. Department of Education (the Department) said

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Columns on the Supreme Court building

First step taken to move federal student loan administration to U.S. Treasury

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By Catherine Mueller The U.S. Department of Treasury will begin collecting on defaulted federal student loan loans in what is intended as the first step move federal student loans out of the Department of Education. On March 19, the U.S. Department of Education (ED) and the U.S. Department of the Treasury (Treasury) announced the interagency agreement.

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FAFSA spelled out with blocks and stack of books with a piggy bank on top.

The FAFSA impact – 8 things to discuss

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You might be tired of talking about it. As a financial aid professional, you’ve probably answered more than enough questions already about the FAFSA. You’ve likely answered a ton of questions from students, faculty, and administrators. Some have just heard about this year’s FAFSA issues and wonder if it’s had any impact on you. Yeah,

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Flower garden in the front with a full view of an Iowa State University building in the background

It’s time for your micro-vacation, er, I mean break

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Now that we’re all enjoying a little quiet time before the students return… Okay, okay, before you start throwing things and anyone gets hurt, we really know there’s never any quiet time in financial aid or higher education, and this past year has put the exclamation point on that fact. If you were lucky enough

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