The College Investor Audio Show
The College Investor podcast is a daily audio show that's dedicated to bringing you the best of TheCollegeInvestor.com. We discuss a variety of topics, all relating to millennial money - including student loan debt, investing, earning more money, and more! Robert Farrington, the founder of The College Investor and a Millennial Money Expert, shares how to get out of student loan debt so that you can start investing and building wealth for the future. Instead of cutting expenses and living a frugal life, he advocates side hustling and entrepreneurship to earn extra money to achieve your financial goals.
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Syracuse University Admits First Budget Deficit in Years After Missing 2026 Enrollment
<p>Syracuse University Chancellor J. Michael Haynie told the community last week that it will not hit its undergraduate enrollment target for the fall and, as a result, will run a budget deficit "something the University has not experienced in quite some time."</p><p>His letter framed the shortfall as the product of national forces: a shrinking pool of 18-year-olds, fierce competition for students, and a drop in international applications tied to visa problems and federal policy.</p><p>While that backdrop is true, we believe it to be only partly responsible for Syracuse's downfall. Haynie's letter casts the...
SAVE Student Loan Plan Timeline Estimates: When To Expect To Leave
<p>The future of student loan repayment for SAVE borrowers has been finalized by a court settlement, and the exodus will start on July 1, 2026 in tranches of individual borrowers.</p><p>According to the most recent communication from the Department of Education, student loan servicers will begin sending official notices to borrowers in SAVE starting July 1, 2026. These notices will come in tranches, roughly two weeks apart. </p><p>Once a borrower receives their notice, they will have 90 days to select a new repayment plan. The current available repayment plan options are:</p>StandardTiered Standard (launches on July 1)IBRRAP (launches on...
The Latest Updates On Student Loan Changes
<p>Robert joined the Money Life Show with Chuck Jaffe to talk about the latest updates with student loans: new repayment plan changes and new student loan limits that go into effect this week.</p><p>If you have student loans, or are planning on borrowing student loans, here's what you need to know.</p><p>Check out the Money Life Show with Chuck Jaffe here.</p>
States Push to Block New PSLF Employer Rule Before July 1 Deadline
<p>A coalition of states is pressing a federal judge (PDF File) to halt the Department of Education's new Public Service Loan Forgiveness (PSLF) rule before it takes effect July 1, 2026. This comes after the Department moved to add a sworn attestation to the program's certification forms in a Federal Register notice (PDF File).</p><p>The new rule lets the Secretary of Education strip PSLF eligibility from employers (including state and local governments) that the Department decides have a "substantial illegal purpose." The form change would require employers to confirm, under penalty of perjury, that they have not engaged in...
Department of Education Bumps Autopay Interest Discount to 1% — Here’s Who Wins
<p>The U.S. Department of Education announced that its quadrupling the interest rate discount for federal student loan borrowers who enroll in autopay, raising it from 0.25% to a full 1 percentage point starting July 1, 2026.</p><p>Borrowers who sign up for automatic payments (or who are already enrolled) will get a 1% reduction on their federal student loan interest rate. The discount is temporary: borrowers who enroll by September 30, 2026 (or are already enrolled) keep the benefit through June 30, 2028.</p><p>Already on autopay? You don't need to do anything. Loan servicers will automatically apply the extra 0.75% on top of the existing 0.25...
House Democrat Files Resolution to Impeach Education Secretary Linda McMahon
<p>Rep. Suzanne Bonamici (D-OR) announced she will introduce a resolution to impeach Secretary of Education Linda McMahon, accusing her of illegally gutting the Department of Education by shifting more than 100 programs to other federal agencies without congressional approval.</p><p>The resolution alleges McMahon violated her oath of office, made false and misleading statements to Congress, and broke federal law by transferring the operations of multiple offices to agencies outside the Department — actions Bonamici says only Congress has the power to authorize.</p>
Student Loan Servicers Are Robocalling SAVE Borrowers About the July 1 Switch
<p>Student loan servicers have started placing automated phone calls to SAVE borrowers, warning them that their loans will reenter repayment when the forbearance ends and that they'll need to pick a new plan or one will be chosen for them.</p><p>Some borrowers have begun shared transcripts of the messages online. One automated message from Nelnet tells borrowers their "loans will reenter repayment when the SAVE plan ends" and that they "will need to choose a new repayment plan. If you don't choose a plan, one will be assigned for you."</p><p>The call points borrowers to...
Universities Cut Jobs and Degrees as International Graduate Students Vanish in 2026
<p>International graduate enrollment at U.S. colleges fell again this year, and the financial damage is showing up fast in layoffs, budget deficits, and shuttered degree programs.</p><p>For years, foreign graduate students were a quiet engine of university finances: paying full tuition, staffing research labs, and filling master's programs that schools built out to grow revenue. Now that engine is stalling. </p><p>Tighter visa policies, thousands of revoked visas, and growing uncertainty about studying in the U.S. have cut into the pipeline, and the institutions that bet most heavily on international enrollment are the ones...
62 Lawmakers Demand Education Department Act on Student Loan Default Crisis
<p>Sixty-two members of Congress are demanding the Department of Education act before millions more borrowers fall into default and they want answers by June 22.</p><p>A June 7 letter (PDF File) led by Senators Elizabeth Warren (D-Mass.) and Jeff Merkley (D-Ore.), along with Representatives Ayanna Pressley (D-Mass.) and André Carson (D-Ind.), warns Education Secretary Linda McMahon that the U.S. is facing "the largest student loan default and delinquency crisis on record." </p><p>This comes as the entire student loan system is changing on July 1 - from new repayment plans, loan caps, and borrowers in the SAVE plan b...
Vet and Medical Students Face Loan Disbursement Delays as OBBBA Rollout Stalls Aid
<p>Over the past several weeks we've heard multiple reports from graduate students about financial aid delays and miscommunication as they start summer classes. For medical, dental, and veterinary schools that start as early as May, the One Big Beautiful Bill Act (OBBBA) changes are causing delays and chaos.</p><p>One student reported that they received an inaccurate notice claiming they hit the updated graduate borrowing limits, while another was experiencing delayed loan disbursements. The result is fear, uncertainty, and in the case of delayed disbursements, true financial risk as many graduate students rely on their student loans to...
