The U.S. Department of Education is facing a major shakeup, with staff cuts slashing nearly 50% of its workforce as of March 2025. With the Trump administration pushing to downsize or even dismantle the agency, millions of students, parents, and educators are left wondering: what’s next for student loans, the Free Application for Federal Student
Chuck Schumer to vote to advance GOP funding bill Democratic Senator Chuck Schumer says he will vote for the GOP funding bill to avoid a government shutdown. The Senate will vote on a stopgap funding bill to avert a government shutdown. Democrats may vote against the bill in protest of President Trump’s policies. If the
Teachers union leader responds to Education Department cuts President of the American Federation of Teachers Randi Weingarten responded to Donald Trump’s Education Department cuts. The Trump administration is cutting about half of the U.S. Education Department’s workforce, including cuts in divisions that oversee federal student loans. There are over 900,000 student borrowers with $32.1 billion
To cushion against deficits caused by Russian attacks on Ukraine’s energy infrastructure, Ukrainian companies and citizens borrowed $336 million to create an extra 549 megawatts (MW) of power generation in the past nine months. For context, 1 MW can power approximately 670 homes in the US simultaneously, though the results can differ depending on the
Steve DeZenzo, left, and Travis Roux, workers for Royal River Heat Pumps, set an outdoor unit into position at a home in Cumberland in October. Ben McCanna/Portland Press Herald, file Efficiency Maine Trust, the quasi-state agency that administers energy efficiency programs and disburses heat pump incentives, has lost access to about $15 million in federal
Are you thinking about booking your next vacation but don’t have the cash up front? Many travel sites now offer Buy Now, Pay Later loans, allowing you to split the cost over time. It might seem like a great deal, but experts say these loans can come with risks, especially when it comes to unexpected
You’re shopping online. You’re about to make a purchase. Then you see an option you’ve started to see more frequently on checkout pages: “Pay in four easy installments.” You’re intrigued. But you also might be thinking: What’s the catch? “Buy-now, pay-later” loans, as they’re called in the financial industry, are an alternative form of credit
US President Donald Trump speaks as he prepares to sign executive orders in the Oval Office of the … [+] White House in Washington, DC on March 6, 2025. Trump is expected to sign an executive order instructing Secretary of Education Linda McMahon to dismantle the department she now leads, US media has reported. (Photo
According to an estimate from the L.A. County Economic Development Corporation, around 1,900 small businesses were within the fire burn zones and were probably affected. In response to the recent Los Angeles wildfires, there are several resources available to help small businesses get loans and financial assistance for rebuilding: 1. LA Region Small Business Relief