July 15, 2025

student

Funds

20-plus states sue Trump administration over frozen school funds

The Trump administration has frozen some $6 billion intended for education programs across the U.S. to ensure states and school districts align with the president’s priorities. Around two dozen states are now suing to get the money back.Some of the funding at stake impacts after-school and summer programs that nearly 1.5 million children across the

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Loans

Student loan repayment? OhioHealth says it will help its employees

Top headlines of the week, July 4 2025 Here are some stories you may have missed this week in central Ohio. Dispatch OhioHealth partners with Clasp to offer student loan repayment for future health care workers. The program aims to address staffing shortages and rising student debt in the health care industry. This initiative complements

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Loans

What happened to student loan forgiveness in ‘big, beautiful bill’?

Here’s what the Senate removed from Trump’s ‘Big Beautiful Bill’ Here’s whats left of Donald Trump’s “Big Beautiful Bill” after Senate cuts due to the “Byrd rule.” President Trump’s spending bill introduces changes to student loan programs, including new borrowing caps and repayment plans. Graduate students will have a $100,000 lifetime borrowing cap, while medical

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Loans

Senate awaits ‘Big, Beautiful bill’ vote. How student loans may change

The winners and losers in the ‘big beautiful bill’ These are the potential winners and losers from the tax bill, which President Donald Trump has dubbed the ‘big beautiful bill’. Congress is closer than it’s been in a long time to massively reforming college financial aid. On June 10, GOP lawmakers in the U.S. Senate

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Loans

Default student loans sent to collections starting Monday

Trump administration begins sending default student loans to collections Starting Monday, the Education Department will resume reporting defaulted student loans to collections agencies, potentially affecting as many as 5 million borrowers. Updated: 5:20 AM CDT May 5, 2025 Washington Bureau Reporter The Department of Education will begin reporting defaulted student loans to collections agencies starting

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Loans

Wage garnishment for defaulted student loans starts in May

Student voices concern over the proposed SEPTA cuts during rally Social science honors student Jaylah Fitzgerald, from the Academy at Palumbo, addresses the crowd at the Save SEPTA rally against the proposed transit cuts Millions of student loan borrowers in default could see their wages garnished soon after the U.S. Department of Education announced it

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Loans

Collection on defaulted student loans to restart May 5

The change will lead to garnished wages and benefits for more than 5 million Americans starting this summer. Collection of defaulted student loans to resume May 5: What to know Since the pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of defaulting. That’s about to change on May 5. WASHINGTON

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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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Finance

What It Takes to Build a Finance Career in 2025: See Our Stories Here

The path to working on Wall Street is a long and rigorous obstacle course. Young people who aspire to become dealmakers, traders, or investors must now begin as soon as they arrive at college. From there, it’s an immediate dash to join campus finance clubs, hobnob with industry professionals, and fill a résumé with pre-internship

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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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