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The Institute for College Access & Success, January 2017

We applaud the U.S. Department of Education for the announcement on January 13, 2017 that thousands of former students defrauded by the defunct American Career Institute in Massachusetts will receive the full, automatic federal student loan discharges they deserve. We commend Massachusetts...

The Institute for College Access & Success, January 2017

With the new debt-to-earnings rates and disclosure template from the U.S. Department of Education, it will be easier for students to tell which career education programs deliver and which do not, and failing programs will have to improve or lose federal taxpayer funding. All career education...

The Institute for College Access & Success, November 2016

Everyone agrees that students need clear and accurate information when deciding where to enroll in higher education. This is particularly true when the decision requires taking on student debt and spending taxpayer dollars. 

The data released on November 17, 2016 show the typical...

New report shows why simplification efforts must consider process from start to finish
The Institute for College Access & Success, November 2016

On the Sidelines of Simplification: Stories of Navigating the FAFSA Verification Process exposes how an often-overlooked part of the federal student aid process delays aid and enrollment for low-income students, consuming the time of college access and financial aid professionals...

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...

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