Author: administración
Key Points A new lawsuit says the Education Department is still reporting $4.6B in cancelled student loans as owed. PPSL estimates more than 300,000 borrowers from schools like ITT Tech and Ashford are affected. The borrowers seek up to $1,000 per violation under the Fair Credit Reporting Act. Two former for-profit college students filed a proposed class action against the U.S. Department of Education on September 24, 2026, alleging the agency keeps telling credit bureaus they owe federal student loans it cancelled years ago. The case, Woods v. U.S. Department of Education (No. 1:26-cv-3335), was filed in the U.S. District…
An urgent request to set up a passkey can sound like routine IT housekeeping. In a September 9, 2026 security investigation, Microsoft described attackers using that story to lure employees into sign-in traps and gain access to work accounts. Microsoft says it has observed the broader pattern of cloud intrusions since May 2026. Its report describes compromised accounts, newly added authentication methods and activity across services including Microsoft Graph, SharePoint and OneDrive. The warning concerns attackers exploiting a familiar security task, not a finding that they have cracked passkeys. The request may arrive as a call or text According to…
Three former U.S. Secretaries of Education and the union representing department staff filed a formal request last week asking the Education Department’s Office of Inspector General to investigate the cost and impact of the agency’s 2025 mass layoffs. Arne Duncan (2009-2015), John B. King Jr. (2016-2017), and Miguel Cardona (2021-2025) signed the 12-page letter with Rachel Gittleman, president of AFGE Local 252, which represents more than 2,000 department employees. The letter, addressed to Acting Inspector General Mark Priebe, covers three actions: the February 2025 firing of more than 70 probationary employees, the March 2025 reduction in force (RIF) notices sent…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. September 24, 2026 Federal Reserve Board issues enforcement action with former employee of Sandy Spring Bank For release at 11:00 a.m. EDT The Federal Reserve Board on Thursday announced the execution of the following enforcement actions listed below: Consent prohibition against Renee Nicole Brown Former employee of Sandy Spring Bank Embezzlement by bank employee Additional enforcement actions can be searched for here. For media inquiries, please email [email protected] or call 202-452-2955. Last Update: …
Key Points Public Service Loan Forgiveness is the only broad federal program that still cancels balances tax-free, and it survived the July 1, 2026 overhaul intact. Income-driven forgiveness now takes 20, 25, or 30 years depending on your plan, and starting in 2026 the forgiven amount counts as taxable income. Beyond those two, there are more than 80 career, military, state, employer, and discharge programs. Most borrowers qualify for exactly one, and this list is organized so you can find it. There is no single student loan forgiveness program. There are dozens, and the one that fits you depends on…
Certificates of deposit (CDs) have seen rates rising even more, despite major banks lowering the rates on theri savings accounts. As of September 23, 2026, the best 12-month CD rates reach up to 4.35% APY (annual percentage yield), with many banks and credit unions still offering yields far above the national average of 1.73%, 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…
Key Points Federal student loan defaults rose by about 400,000 last quarter to 9.3 million borrowers and another 1.5 million are in late-stage delinquency. Defaulted loans make up about 14% of federal student loan debt, up from 12.5% before the pandemic. Balances in income-driven repayment plans grew from $740 billion to $792 billion, as borrowers leaving the SAVE plan moved into IBR and PAYE. Federal Student Aid posted its quarterly portfolio update on September 22, 2026, and the data through June 30 shows student loan defaults still rising. The number of borrowers with defaulted loans in the federally managed portfolio…
The 2027-28 FAFSA is now available to all students and contributors on StudentAid.gov, with no beta sign-up required. The form went live before the Oct. 1, 2026 date that the FAFSA Deadline Act requires the Education Department to certify to Congress, making this the second straight year the department has beaten that date. Families can check what’s due and when in our breakdown of federal, state, and school FAFSA deadlines. The public launch caps a two-phase test. Beta 1 began Aug. 5 with community organizations and produced roughly 2,000 submitted forms across seven states. Beta 2 opened Aug. 25 to…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. September 22, 2026 Federal Reserve Board announces approval of application by BancFirst Corporation For release at 4:30 p.m. EDT The Federal Reserve Board on Tuesday announced its approval of the application by BancFirst Corporation, of Oklahoma City, Oklahoma, to acquire and merge with Spirit BankCorp, Inc., of Bristow, Oklahoma, and thereby indirectly acquire SpiritBank, of Tulsa, Oklahoma. The Board also gave its approval for BancFirst, of Oklahoma City, Oklahoma, to merge with SpiritBank…
Some weeks life just… piles up. That’s where I am right now. Job applications. Family meetings about mom’s estate. Taking over dad’s bills. Planning one more road trip with him. Leading a small group on Saturdays through my church. And juggling an ever changing roster of clients and projects. All at once. So let’s talk money. Because every single one of these things touches it. The job hunt is still on. I’m still sending out applications. Still doing interviews. Still waiting to hear back more than I’d like. It’s slow. It’s a little discouraging some days. But I keep showing…