July 11, 2025

Joe Biden

Loans

Federal government plans to go after delinquent student borrowers. What to know

Do college graduates have regrets about their chosen majors? With the rising cost of college, Americans currently owe nearly $1.8 trillion in student loan debt. What majors are worth the money? The U.S. Department of Education will restart involuntary student loan collections on May 5. Borrowers in default for 270 days or more will face

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Loans

1 in 5 late on their student loans during confusing repayment rollout — and the cost of a mistake can be dire

Federal student loan borrowers have endured five years of chaotic changes as various relief programs started, stopped and shifted. But the return to “normal” may be the messiest change of all. Payments formally resumed in October 2023, though former President Joe Biden and his administration paused repayment for certain types of loans for most of

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Crypto

New crypto ‘stablecoin’ rules take shape, but the biggest may be left out

Andrew Ackerman  |  Washington Post Lawmakers are taking their first step toward putting up guardrails for cryptocurrencies. But as legislation goes, it’s a relatively modest step – and some former regulators warn that the guardrails have big gaps. The framework, which a House committee will take up on Wednesday, would only apply to stablecoins, a

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Funds

Brevard County food aid programs losing food relief

Brevard groups dedicated to ensuring the county’s most vulnerable residents have food are witnessing a surge in need — just as they are starting to feel the harsh effects of federal government budget cuts. Twenty-eight tractor trailer trucks traveling with food to local Florida communities have been halted, without notice. “The hits keep coming. This

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Loans

Charts reveal how Trump gutted federal student loan office

More than 600 positions have been eliminated from the Federal Student Aid office, internal documents show. Now, in many places, “no one is identifying schools that are failing financially.” WASHINGTON – President Donald Trump has made it a top priority to dismantle and reorganize the federal Education Department. Simultaneously, he has promised time and again

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Funds

Ron DeSantis returns unallocated federal funds to D.C.

Florida has finally figured out how to give back money it didn’t want to appropriate during the Joe Biden administration. “For years, Florida has been trying to return federal funds to the federal government due to the ideological strings attached by the Biden Administration—but they couldn’t even figure out how to accept it. Today, I

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Loans

What happens to student loans, FAFSA after deep Education Dept. cuts?

We’ve set out to answer other questions you might have about the deep Education Department cuts and what they might mean for your student loans, your child’s IEP and campus programs. Education Department employees received termination notices An email sent to employees at the Education Department told staff not to come into work on Wednesday.

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Crypto

Donald Trump boosts crypto with new Strategic Bitcoin Reserve

President Trump establishes Bitcoin Reserve — here’s what it means President Trump signed an executive order establishing a reserve of bitcoin the government already owns. President Donald Trump signed an executive order Thursday establishing a Strategic Bitcoin Reserve and Digital Asset Stockpile, continuing his administration’s embrace of the cryptocurrency industry. The announcement came on the

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Investors

Uncertainty may scare away housing investors, Ed Augustus Jr. says

Sam Drysdale  |  State House News Service BOSTON — State government leaders in Massachusetts are trying to instigate a building boom to address a housing shortage marked by high rents and sale prices, but a top housing official is now warning that headwinds from Washington could threaten their efforts. “The equity that’s often needed to

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