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New York PostA new rule effective July 1 ends federal student loans for degree programs whose graduates earn below the average high-school wage in their state. The change stems from a provision in the Big Beautiful Bill and affects roughly 800 programs enrolling 40,000 students each year.
Federal student loans are issued by the U.S. Department of Education after a FAFSA application. Private student loans are issued by banks and online lenders that require a credit check.
news24.comThe Department of Education launched a risk assessment tool on April 26 that has flagged roughly 300,000 fraudulent applications. The initiative is projected to save taxpayers more than $1 billion in the current FAFSA cycle and forms part of a broader White House anti-fraud push.
Substrate placeholder — needs reviewThe U.S. Department of Education has proposed a rule to restrict federal student loans and Pell Grants for programs where graduates earn below benchmarks. The measure, stemming from President Trump's One Big Beautiful Bill, could affect over 600,000 students. It aims to address t…
Substrate placeholder — needs reviewSuffolk County on Long Island may receive a federal disaster area declaration due to significant losses in its oyster harvest this year. The oyster industry in the region lost approximately one-third of its crop, amounting to millions of oysters. Officials attribute the shortfall…