New TICAS Fact Sheets Explore Student Loan Repayment Struggles

April 30, 2018

About seven million undergraduates each year rely on federal loans to enroll in and complete college. While many students find that student loans are an excellent investment in their future and are able to successfully repay their loans, others struggle to make payments, or make payments that do not keep up with accruing interest. The worst-off borrowers are those who don’t...


Tax penalty hits student loan borrowers in income-driven repayment plans for the first time

April 12, 2018

As Americans across the country scramble to finish their taxes this month, some federal student loan borrowers are facing a new obstacle for the first time – a larger tax bill due to student debt that was forgiven through income-driven repayment (IDR). Long recognized as a policy design flaw and looming threat for borrowers in IDR, this unfair tax penalty will become a growing...


Coming Soon: Student Debt and the Class of 2016

August 7, 2017

Next month, we’ll be releasing our twelfth annual report on state-by-state and school-by-school levels of student debt among recent college graduates, Student Debt and the Class of 2016. A lot has changed since we started these analyses. Initially, our aim was to call attention to rising levels of indebtedness, as the issue of student debt was not yet commanding the attention...


House Budget Proposal to Eliminate Subsidized Loans Would Increase the Cost of College by Thousands of Dollars

July 18, 2017

The House FY2018 budget resolution is expected to advance the President’s proposal to eliminate subsidized Stafford loans that go to students with financial need. With subsidized loans, interest does not accrue while students are in school, for six months after they leave school, during active-duty military service, and for up to three years of unemployment or other economic...


Great News! The IRS Data Retrieval Tool is Back Up for Student Loan Borrowers

June 2, 2017

For the first time since it was taken down due to security concerns in March, millions of student loan borrowers can once again use the IRS Data Retrieval Tool (DRT) to electronically transfer their tax information into the online application for income-driven repayment (IDR) plans. Using the DRT, borrowers will be able to apply for IDR and update their income online at StudentLoans.gov,...


Trump Proposal to Eliminate Subsidized Loans Would Increase the Cost of College by Thousands of Dollars

May 22, 2017

The Washington Post reports that the Trump Administration’s FY2018 budget proposal would eliminate subsidized Stafford loans that go to students with financial need. With subsidized loans, interest does not accrue while students are in school, for six months after they leave school, during active-duty military service, and for up to three years of unemployment or other economic...