Tag: student loan system

Economics&Strategies, Education Economics

Education Department Inks New Contracts With Loan Servicers

April 26, 2023

Via: Inside Higher Ed

The Office of Federal Student Aid awarded new contracts to five loan servicers—a key milestone in the Education Department’s years-long effort to modernize its student loan system. The department is planning to launch the first phase of the modernization next […]

Economics&Strategies, Education Economics

Higher ed groups call for quick changes to FAFSA verification

November 8, 2021

Via: Higher Ed Dive

A portion of college students is picked annually for aid verification, which is one of the Education Department’s methods of ensuring the integrity of the federal student loan system. The share of high school seniors selected for verification in recent […]