Newsroom

Grant Aid and College Tax Credit for Millions Hang in the Balance
The Institute for College Access & Success, December 2010
Statement from Lauren Asher on the need to fully fund Pell Grants and extend the American Opportunity Tax Credit.
The Project on Student Debt, November 2010
The college Class of 2010 is due to receive its first student loan bills as the post-graduation “grace period” on most federal student loans comes to a close and we've updated our Top 10 Student Loan Tips for Recent Grads which can help new borrowers understand their options, avoid getting behind...
Additional changes needed to protect students and taxpayers
The Institute for College Access & Success, October 2010
Statement on the Department of Education's final regulations for 13 of 14 program integrity issues for Title IV funds. These new rules cover important issues such as incentive compensation and recruiting tactics, and the verification of financial aid application information.
The Institute for College Access & Success, October 2010
The College Board's 2010 reports, Trends in College Pricing and Trends in Student Aid, show just how crucial need-based grants are to keeping college within reach. See Lauren Asher's statement on other important findings in these annual reports.
The Project on Student Debt, October 2010
College seniors who graduated in 2009 carried an average of $24,000 in student loan debt. Meanwhile, unemployment for recent college graduates climbed from 5.8% in 2008 to 8.7% in 2009 - the highest annual rate on record for college graduates aged 20 to 24. Our new report, Student Debt and the...
The Project on Student Debt, September 2010
Statement of Lauren Asher in response to the House Judiciary Committee’s Subcommittee on Commercial and Administrative Law's passage of the Private Student Loan Bankruptcy Fairness Act of 2010 (H.R. 5043). The bill reverses the unfair and unjustified special protections for lenders of private...
43 Percent of Defaulters Attended For-Profit Institutions
The Project on Student Debt, September 2010
The U.S. Department of Education released new data showing that the national “cohort default rate” on federal student loans is 7.0 percent for borrowers who entered repayment in 2008, up from 6.7 percent last year. The default rate at for-profit colleges is highest at 11.6 percent – almost double...
Website Launched to Educate Public and Send Comments: www.ProtectStudentsandTaxpayers.org
The Institute for College Access & Success, August 2010
Nearly 30 organizations advocating for students, consumers, civil rights, and college access are calling for stronger rules for career education programs that over-charge and under-deliver. The groups praise the current Dept. of Education proposal on "gainful employment" as a major step in the...
Proposed Regulatory Changes Could Make Problem Worse
The Institute for College Access & Success, July 2010
A new report by The Institute for College Access...
The Institute for College Access & Success, July 2010
On July 23 the Obama Administration proposed a definition for "gainful employment" to protect students and taxpayers from getting ripped off by career education programs that over-promise and under-deliver, which will be finalized in November and go into effect 2011.

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