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The Project on Student Debt, June 2010
House and Senate conferees reached an agreement on historic financial reforms, including creating a much-needed Consumer Financial Protection Bureau (CFPB) with authority over risky private student loans and other financial products.
Improvements to Income-Based Repayment, Lower Interest Rates, 100% Direct Loans, and More
The Project on Student Debt, June 2010
July 1 will bring several significant changes to federal student loans that benefit new and current borrowers. Some interest rates will decrease, and updated rules for Income-Based Repayment (IBR) will bring fair treatment to married borrowers and those who owe more than when they finished school...
Final Gainful Employment Definition Needed by November 1
The Project on Student Debt, June 2010
Statement of Pauline Abernathy, vice president of the Institute for College Access & Success, on the Department of Education's proposed rules on the "program integrity" of Title IV financial aid...
The Project on Student Debt, May 2010
Statement from Pauline Abernathy, vice president of the Institute for College Access & Success (home of the Project on Student Debt) on the U.S. Senate's passage of the historic financial reform legislation, which will help protect consumers from dangerous private student loans. ...
Broad Coalition Calls for Amendments to Cover all Private Student Loans
The Project on Student Debt, May 2010
In a letter sent today, nearly 40 organizations that advocate for students, civil rights, higher education, and consumers called on U.S. senators to close worrisome gaps in the Senate financial reform bill. As currently drafted, the bill does not ensure that the new Consumer Financial Protection...
Hearing Today on New Legislation to Address the Issue
The Project on Student Debt, April 2010
Statement from Lauren Asher on private student loans and bankruptcy. Senator Dick Durbin and Representative Steve Cohen introduced legislation (S. 3219 and H.R. 5043) to treat private student loans like credit cards and other similar consumer debt, rather than like criminal fines and unpaid child...
The Project on Student Debt, April 2010
In the wake of recent announcements that Williams College and Dartmouth College were scaling back their “no-loan” financial aid pledges, a new survey finds that 50 other colleges with policies to limit or eliminate loans in student aid packages foresee no major changes in the next two academic...
The Project on Student Debt, March 2010
Statement of Lauren Asher on the final passage of the Student Aid and Fiscal Responsibility Act, which will make college more affordable for millions of Americans by streamlining the federal student loan programs.
The Project on Student Debt, March 2010
Statement from Lauren Asher on the student loan reform legislation contained in the reconciliation bill.
The Institute for College Access & Success, March 2010
New research shows that hundreds of thousands of California Community College students are eligible for federal Pell Grants but do not apply, leaving up to $500 million unclaimed in 2009-10. The analysis looks at other trends in financial aid application and receipt at the California community...

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