Srudent Loans

What Is Federal Freeze? White House Pauses All Federal Grants And Loan Disbursements, Creates Widespread Confusion

The White House Office of Management and Budget (OMB) has issued a federal freeze directive to temporarily halt all federal grants and loans, according to an internal memorandum distributed on Monday. The order, which could impact trillions of dollars in government spending, will go into effect at 5 p.m. Tuesday...