Education Department to restart collections on defaulted federal student loans
The Department of Education announced Monday that it will resume collections on May 5th with default federal student loans. The federal agency said more than five million borrowers are defaulting over a year, and sometimes over seven years, and not making monthly payments. Default student loans have not been collected since March 2020, when it […]
Education Dept. to resume collections on defaulted federal student loans for first time since 2020
The Ministry of Education is poised to resume its default federal student loan collection in May for the first time since 2020. The first Trump administration suspended introducing federal student loans to collections in March 2020 at the start of the Covid-19 pandemic, but the extension has led Trump administration officials to worry that their […]
College football news: Former Kent State coach took massive loans from booster
Research shows that former Kent State coach Kenni Burns has earned more than $100,000 in loans from the booster. That booster was also a school vendor. Burns was placed on administrative leave in March and was fired on April 11th. Kent never publicly gave Burns any reason to publicly decide whether he was placed on […]
Facing financial jeopardy, clinics sue to stop UnitedHealth from collecting on emergency loans – Star Tribune
In one case, more than 60 patients are plaintiffs seeking financial damages or other relief for alleged loss of privacy and other harm. The second complaint seeks damages related to the massive hack that sparked anger among lawmakers at last year’s Congressional hearing. “The healthcare change defendant failed to implement reasonable security procedures and practices […]
HUD Ends FHA-Backed Loans for ‘Non-Permanent Residents,’ Closes Illegal Alien Loophole
Housing and Urban Development Agency (HUD) Scott Turner has announced that the “non-permanent residents” Federal Housing Administration (FHA) will be ending the insurance mortgage, effectively eliminating illegal alien access to taxpayer-funded programs. HUD overturned Biden-era policies on Wednesday, further filling the gap that allowed illegal immigrants to buy American homes on FHA-backed loans. I said […]
DOGE Discovered More Than $300 Million in SBA Loans to Kids
Elon Musk revealed that the government's Office of Efficiency (DOGE) has discovered that the Office of Small Business (SBA) has given over $300 million in loans to children under the age of 11. Inside the cabinet Meeting At the White House on Monday, President Donald Trump spoke about how his administration has made many “cuts” […]
HHS, SBA to Take Charge of Student Loans, Special Needs Programs
President Donald Trump has made it clear that the Small Business Administration (SBA) and the Department of Health and Human Services (HHS) will take over specific programs related to student loans, special needs and nutrition. Trump's announcement He comes the day after he signs an executive order directing Linda McMahon, the Secretary of the Department […]
Student loans, Pell grants will continue despite DOE downsizing, expert says
As President Donald Trump moves to shrink and ultimately demolish the Department of Education, experts in contact with White House stakeholders have ensured that the department's programs, including fundraising, student loans and civil rights protection, will continue. “They want to compete for equality in education through Title 6, in a way like a Title I […]
DoE Secretary Talks Possibility of Moving Student Loans to Treasury
Education Secretary Linda McMahon said FridayAs far as I can tell, there is absolutely no reason why there should be student loans housed in the Department of Education. ” McMahon, who has been tasked with hoisting the Department of Education by President Donald Trump, discussed the possibility of moving student loans to the Treasury department […]
Trump says student loans moving to SBA, 'special needs' to HHS
President Trump said on Friday that he is moving “quickly” programs for students with disabilities as the White House closes federal student loan handling to programs for small business administration (SBA) and students with disabilities, with the White House trying to remove the education sector ultimately. “The SBA, led by Kelly Loeffler, has decided to […]