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Student loan scammers are getting bolder and federal regulators are cracking down. This week, the FTC shut down an $8.8 million operation that impersonated the Department of Education to trick borrowers into paying for fake loan forgiveness programs.
Meanwhile, Louisiana lawmakers rejected a controversial proposal that would have turned the state's merit scholarship into a potential debt trap, and new data painted a sobering picture of the financial pressures facing higher education — from a projection that more than 400 private colleges could close within the next decade, to research confirming that the pandemic's damage to college enrollment is still being felt years later.
Here's a quick look at the most important stories shaping higher education and student finances this week for April 24, 2026.
🎓 Headlines at a Glance
- FTC shuts down an $8.8 million student loan forgiven...
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