June 2006

Secretary of Education Margaret Spellings created the Commission on the Future of Higher Education “charged with developing a comprehensive national strategy for postsecondary education.” After submitting an administrative petition to the Department of Education in May, the coalition led by the Project on Student Debt sought to ensure that the Commission addressed the problem of rising student debt. They did include “decreased debt burden” in their final report as one of the four fundamental principles that should guide our financial aid system.