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Media Center - Page 99 of 102 - The Institute for College Access & Success

2004-05 economic diversity data available

October 18, 2006

The entire Economic Diversity of Colleges web site has been updated with the best available information for the 2004-05 school year. Institutional profiles reflect the new information with fresh charts and graphs, and the new data has been added to the comparison tool as well as the institutional data pages. We welcome your questions, comments, and suggestions about this update...

More debt data now available

August 28, 2006

The Economic Diversity web site now includes the average student loan debt for the 2005 graduating class as reported by 1,421 four-year institutions. Also included is the proportion of graduates with any student loans. The site provides access to these data (as well as comparable figures for 2000 and 2004) through an agreement with college guide publisher Thomson Peterson's....

Private loan interest rates average about 10% today

August 8, 2006

Companies offering private student loans advertise low rates, but the rates they actually charge to individual borrowers, and how they determine those rates, are closely-held trade secrets. The rates are based on borrower credit scores and other factors; ultimately, companies maximize their returns by trying to charge the highest rate they can while still getting the business.