TICAS Statement on House Vote to Block Student Debt Relief

Citing concerns about rising student debt and interest rates, groups representing students, parents, educators and the loan industry submitted an administrative petition to seek regulatory changes that would create more affordable ways to repay student loans.

A national public opinion survey released by the Project on Student Debt shows that Americans view a college education as more important than ever, but also worry that it is becoming less and less affordable.

The Project on Student Debt released a white paper that analyzes the U.S. student loan programs' strengths and weaknesses and identifies practical ways to achieve a more rational and effective balance of borrower obligations and protections.

Student debt has reached an all-time high in the United States. More students than ever are using loans to pay for college, and the amounts they borrow have risen dramatically: 60 percent over a period of just seven years.