554,000 Borrowers Still Stuck in Student Loan Repayment Backlog Despite Record Processing

554,000 Borrowers Still Stuck in Student Loan...

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California Tops List of States With Highest Student Aid Fraud at $171 Million

The Big Number: $1 billion — that’s how much the Department of Education says it saved taxpayers by cracking down on student aid fraud over the past year.Why It Matters: The Department of Education announced that its identity verification requirements for first-time FAFSA applica ...  Show more

89,720 PSLF Buyback Applications Are Pending — But Many Borrowers Won’t Need Them

The PSLF Buyback backlog grew to 89,720 pending applications in March, according to the latest court-ordered status report (PDF File) filed today. The Department of Education decided just 3,280 applications during the month. At that pace, borrowers at the back of the queue face a ...  Show more

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