U S Department Of Education news and trends

SoFi Claims $400 Million in Losses From Student Loan Moratorium
Debt // March 07, 2023

SoFi says the ongoing federal student loan payment moratorium has cost it $400 million. The personal finance company has sued the U.S. Department of Education to end the three-year-old pause on loan repayments, claiming in a recent lawsuit that the moratorium has no legal standing...

Hackers’ Newest Target? Schools
Security & Fraud // October 24, 2017

Hackers, being an ever-inventive group, have found a new target to go after. Public schools. According to the U.S. Department of Education, a new cyberthreat is targeting school districts across the country with an extortion attempt that warns educators to pay them — or risk the...

Quick Reads
Economists Expect Limited Macro Impact From Student Loan Payment Resumption

October 02, 2023
The resumption of student loan payments will be only “a drop in the bucket” for the broader household sector, according to three Wells Fargo economists. While the approximately 43 million borrowers with student loan debt will face increased obligations and reduced ability to spend on discretionary purchases, this will have minimal effects on the overall economy, […]

SoFi Claims $400 Million in Losses From Student Loan Moratorium

March 07, 2023
SoFi says the ongoing federal student loan payment moratorium has cost it $400 million. The personal finance company has sued the U.S. Department of Education to end the three-year-old pause...

Hackers’ Newest Target? Schools

October 24, 2017
Hackers, being an ever-inventive group, have found a new target to go after. Public schools. According to the U.S. Department of Education, a new cyberthreat is targeting school districts across the...