Author: administración

Key PointsDepartment of Education is increasing its direct monitoring of student loan servicersMore accountability on companies via withholding of paymentsStudent loan borrowers to be made whole when issues happen Federal Student Aid has quietly changed the rules for Public Service Loan Forgiveness. As of July 1, 2026, every qualifying PSLF payment must be made “on time” (on or before the due date) no matter which repayment plan you’re on. That may sound standard, but previously there was a cushion of a 15-day grace period.It’s important to note that the regulations themselves haven’t changed. The change shows up only in updated…

Moody’s Ratings revised Brown University’s outlook to negative from stable on July 2, warning that weak operating performance could persist for several years as expenses and financial aid commitments rise faster than revenue.The agency affirmed Brown’s Aa1 issuer and revenue bond ratings (its second-highest grade) but said the university must show progress toward an EBIDA margin of around 10% by fiscal 2028 or face downward rating pressure.A negative outlook at an Ivy League school with $8.8 billion in cash and investments shows that even the wealthiest universities aren’t immune to budget strain. Rating actions like this raise borrowing costs at…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 09, 2026 Federal Reserve Board issues enforcement action with TS Banking Group, Inc. and TS Contrarian Bancshares, Inc. For release at 11:00 a.m. EDT The Federal Reserve Board on Thursday announced the execution of the following enforcement action listed below: TS Banking Group, Inc., Treynor, Iowa and TS Contrarian Bancshares, Inc., Treynor, Iowa Written Agreement dated July 6, 2026 Additional enforcement actions can be searched for here. For media inquiries, please email…

When families map out how to pay for college, the conversation usually starts with federal loans and then jumps straight to the big national private lenders. Credit unions rarely come up in student loan conversations. That’s a miss, because for many borrowers, they can offer lower rates, simpler borrowing experience, and personalized service that many large national lenders can’t match.In partnership with Student Choice, let’s dive into why a credit union might make the most sense to help you pay for college this year. Check out Student Choice here >> Would you like to save this?We’ll email this article to…

Certificates of deposit (CDs) have seen rates rising, despite major banks lowering the rates on theri savings accounts. As of July 8, 2026, the best 12-month CD rates reach up to 4.15% APY (annual percentage yield), with many banks and credit unions still offering yields far above the national average of 1.65%, according to the FDIC. Over the last several weeks, rates have been rising slightly.Now might be the best time to lock in a guaranteed rate. If you’re looking to earn a predictable return over the next year, these are the best CD rates available today.💰 Today’s Best 12-Month CD Rates At a…

The high school class of 2026 completed the FAFSA at a record 59.1% rate through June 26, according to the National College Attainment Network (NCAN). That shatters the previous June 30 record of 54.4%, set by the class of 2018, by nearly five percentage points.The milestone caps a remarkable two-year recovery from the botched FAFSA rollout, and it suggests the simplified form is finally delivering on its promise.Why It MattersFAFSA completion is one of the strongest predictors of whether a high school senior enrolls in college. More than 200,000 additional seniors completed the form this cycle compared to the class…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 08, 2026 Minutes of the Federal Open Market Committee, June 16-17, 2026 For release at 2:00 p.m. EDT The Federal Reserve on Wednesday released the minutes of the Federal Open Market Committee meeting that was held on June 16–17, 2026. The minutes for each regularly scheduled meeting of the Committee are generally published three weeks after the day of the policy decision. The descriptions of economic and financial conditions contained in these…

Key PointsPrivate accrediting agencies (not Congress or your state legislature) have quietly raised the degree requirement to enter fields like pharmacy, physical therapy, and occupational therapy, adding years of tuition and debt without clear evidence workers or the public benefit.A new federal rule would bar these agencies from raising credential requirements unless they prove to the Department of Education, with clear and convincing evidence, that the public benefit outweighs the cost.Combined with the new graduate loan caps that took effect July 1, 2026, the rule squeezes degree inflation from both directions: one limits how much education can be required, the…

Most high-achieving physicians I know do one of two things when it comes to reviewing their finances and their life. They either do a big annual reflection in January that fades by February, or they do nothing at all and just keep moving. Neither works particularly well. And I spent years doing both before I figured out why. The annual review is too infrequent. You can be drifting in the wrong direction for months before you notice. By the time you sit down in December to assess the year, too much has already happened to course-correct. You don’t get a…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 07, 2026 Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain anti-money laundering programs For release at 3:00 p.m. EDT The Federal Reserve Board on Tuesday requested comment on a proposal to amend its requirements for banks to maintain anti-money laundering programs. The amendments are intended to align with changes to anti-money laundering program requirements separately proposed by four other agencies. Among other changes, the…