Things Worth Noting
The U.S. Department of Education is preparing to send the first wave of wage garnishment notices starting the week of January 7, 2026, to federal student loan borrowers in default. This marks the resumption of aggressive collections after the long pandemic-era pause ended. Notices will initially go out to about 1,000 borrowers, with the number […]
Student loan forgiveness in 2025 offers real relief through Public Service Loan Forgiveness (PSLF: 120 payments while working full-time for government/nonprofit), Teacher Loan Forgiveness (up to $17,500), income-driven repayment plans (IDR: 20-25 years to forgiveness), and discharges for closed schools or borrower defense. Only federal Direct Loans qualify directly; FFEL/Perkins often need consolidation. New laws […]
Is college a scam? Once a sure path to a well-paying job, higher education now burdens many with skyrocketing tuition—averaging $38,270 yearly, up 60% since 2000—and $1.7 trillion in student debt, with borrowers owing $39,375 on average. Graduates face underemployment in 41% of cases, earning starting salaries like $50,000 that barely cover loans, especially for […]