Student Loans

Notebook with Public Service Loan Forgiveness Program, calculator, pens, money

Public Service Loan Forgiveness program changes happening this summer

Newsroom, Latest, Student Loans / By

By Marlene Seeklander Some nonprofit organizations could soon be excluded from the Public Service Loan Forgiveness program if it is determined the organization has a substantial illegal purpose. Although the final regulations were published October 31, 2025, the Department of Education just recently posted the information on the What’s New area of the Knowledge Center […]

Public Service Loan Forgiveness program changes happening this summer Read More »

Tiles spelling Student Loan Debt. Cash bills and a calculator.

Department delays collections on student loans

Newsroom, Department of Education, Latest, Student Loans / By

By Catherine Mueller Borrowers, who have defaulted on the federal student loans, received a temporary reprieve recently with a decision to delay collections activities. On January 16, the U.S. Department of Education (the Department) announced that it will delay the implementation of involuntary collections on federal student loans, including Administrative Wage Garnishment (AWG) and the Treasury

Department delays collections on student loans Read More »

Photo of the US Capitol with a blue sky and a few clouds in the background

Negotiated rulemaking on budget reconciliation student loan provisions to continue in early November

Newsroom, Department of Education, Latest, Student Loans / By

By Catherine Mueller Despite the federal government shutdown, the Department of Education will resume negotiated rulemaking sessions on the student loan provisions which became law under budget reconciliation. Negotiators are expected to continue their discussions on the provisions November 3 to November 7. The first negotiated rulemaking session was conducted in early October and while many

Negotiated rulemaking on budget reconciliation student loan provisions to continue in early November Read More »

Photo of the US Capitol with a blue sky and a few clouds in the background

FY 2022 national default rate briefing released

Newsroom, Department of Education, Latest, Student Loans / By

By Marlene Seeklander The national student loan default rate remains at 0% for the third year in a row. The Department of Education (ED) released their FY 2022 national default briefing and, as expected, the FY 2022 cohort default rates were affected by the pause on federal student loan payments that began in March 2020.

FY 2022 national default rate briefing released Read More »

A woman on phone headset looking at computer screen.

TPD Discharge information now available

Newsroom, Department of Education, Student Loans / By

By Marlene Seeklander The Total and Permanent Disability (TPD) discharge loan assignment process has resumed. In a July 30 Electronic Announcement, the Department of Education announced that the TPD loan assignment process has now resumed and loan holders such as lenders and guaranty agencies and schools (participating in the Federal Perkins Loan Program and servicing their

TPD Discharge information now available Read More »

Person holding some cash and using a calculator

SAVE program zero-interest period ends July 31

Newsroom, Department of Education, Student Loans / By

By Marlene Seeklander Student loan borrowers enrolled in the SAVE (Saving on a Valuable Education) program will see interest accrual begin once again. SAVE participants were placed in a zero-interest forbearance period but will see that end on July 31 and interest accrual begin on August 1. Loan repayment amounts for the SAVE program borrowers will

SAVE program zero-interest period ends July 31 Read More »

Man working on laptop computer at a desk.

Nonpayment Rates by Institution report now available in the Federal Student Aid Data Center

Newsroom, Department of Education, Student Loans / By

By Marlene Seeklander Schools now have a report available to assist them in understanding the delinquency and default risks of their most recent borrowers – something that will be important as cohort default rates potentially rise. In a July 23 Electronic Announcement, the Department of Education announced the availability of the nonpayment rates by institution report, available

Nonpayment Rates by Institution report now available in the Federal Student Aid Data Center Read More »

Woman Writing on a Notebook Beside Teacup and Tablet Computer

NSLDS Delinquent Borrower Report now available

Newsroom, Department of Education, Student Loans / By

By Marlene Seeklander Schools now have a report available to help them in performing outreach to remind former students of their loan repayment obligations, particularly those who are delinquent on one or more of their student loans. In a June 9 Electronic Announcement, the Department of Education announced that they have the Delinquent Borrower Report (DELQ01)

NSLDS Delinquent Borrower Report now available Read More »

Scroll to Top