From Eight Plans to Two: How the College Affordability Act Improves Student Loan Repayment

December 3, 2019

Like other proposals before it, the College Affordability Act (CAA) — House Democrats’ comprehensive proposal to reauthorize the Higher Education Act — makes major progress in improving the federal student loan repayment system. In this blog post, we outline the major components of the new repayment system under the CAA, which is a strong starting point for much-needed...


Student Debt and the Class of 2018

September 19, 2019

New data show that the average student debt for college graduates continues to climb but at a slower pace. Nationally, about two in three (65 percent) college seniors who graduated from public and private nonprofit colleges in 2018 had student loan debt. These borrowers owed an average of $29,200, 2 percent higher than the 2017 average.


A Popular Student Loan Fix Has Been Stalled for Years. It’s Time to Act.

July 1, 2019

Today marks the 25th anniversary of the first income-driven repayment (IDR) plan being made available for federal student loan borrowers. Over eight million borrowers currently benefit from IDR plans, which base monthly payments on an individual’s income and family size. By keeping monthly payments more affordable, IDR is a critical safety net for struggling borrowers that...