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The Institute for College Access & Success, October 2016

The U.S. Department of Education’s announcement today includes huge wins for students and taxpayers. The final borrower defense and college accountability regulations make it much harder for schools that commit fraud to hide it, which will make it less likely that schools commit fraud in the...

Report includes national, state and college data; new insights into state-sponsored loans; federal and state policy recommendations
The Institute for College Access & Success, October 2016

Student debt continues to rise for new graduates. At public and nonprofit colleges in 2015, seven in 10 graduating seniors (68%) had student loans. Their average debt was $30,100: up four percent compared to the Class of 2014. About one-fifth of 2015 graduates’ debt (19%) was in private (...

The Institute for College Access & Success, October 2016

The settlement announced today between DeVry University and the U.S. Department of Education sends a strong message to all schools that make job placement claims: they need to have data to support them. This settlement provides greater oversight of DeVry while the Federal Trade Commission’s...

The Institute for College Access & Success, September 2016

With nearly 80,000 students who attended Corinthian Colleges in default on their federal student loans and in financial ruin, it’s long past time for their loans to be discharged and their credit records restored. But instead of getting relief, 44% of them are having their tax refunds seized or...

Yet a Record Number of Borrowers are in Default
The Institute for College Access & Success, September 2016

The rate at which new federal student loan borrowers enter default declined for the third year in a row. New federal data show that among borrowers who entered repayment in 2013, 11.3% had defaulted on their loans by 2015. That is down from 11.8% of borrowers...

The Institute for College Access & Success, July 2016

The draft House FY2017 appropriations bill scheduled to be considered in committee 7/7 cuts Pell Grant funding by $1.3 billion, raiding funds needed to help millions of low- and moderate-income students struggling to attend and complete college. We join the 122 Members of Congress who...

The Institute for College Access & Success, June 2016

Today’s report illustrates the need for the U.S. Department of Education to automatically discharge the debts of defrauded students, rather than requiring individual applications from students the Department has already determined are eligible. Despite increased outreach by the Department and a...

Students in 32 States Attend Schools that Block All Access to Federal Loans; Some Promote Risky Private Loans Instead
The Institute for College Access & Success, June 2016

A new report by TICAS finds that nearly one in 10 community college students nationwide – almost 1 million across 32 states – does not have access to federal student loans because their school chooses not to offer them. Without the option of federal student loans, students who need to...

The Institute for College Access & Success, June 2016

Today, the U.S. Department of Education released proposed regulations that clarify and strengthen protections for federal student loan borrowers who were defrauded or deceived by their college. The proposed rules...

The Institute for College Access & Success, June 2016

Senate appropriators approved a bipartisan spending bill that takes $1.2 billion away from the Pell Grant program to fund other programs. This decision to use Pell dollars for purposes unrelated to college affordability crosses a troubling line. While the bill also restores access to year-...

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