Newsroom

The Project on Student Debt, December 2009
The U.S. Department of Education has released a preview of new draft default rates yesterday. The new data show nearly 400,000 students who entered repayment in 2007 had defaulted by 2009, representing 12 percent of all students who entered repayment that year. Nearly half of these borrowers (44...
The Project on Student Debt, December 2009
Statement of Lauren Asher on House passage of a bill to create the Consumer Financial Protection Agency, which would have oversight over all private student loans and help protect consumers from these and other risky financial products.
New report includes state-by-state and campus-by-campus student debt averages for class of 2008
The Project on Student Debt, December 2009
College seniors who graduated in 2008 carried an average of $23,200 in student loan debt. Meanwhile, unemployment climbed from an already challenging 7.6 percent in the third quarter of 2008 to 10.6 percent in 2009. See average student debt and the share of students borrowing for all 50 states...
The Project on Student Debt, November 2009
This month, students who graduated from college in May are facing their first monthly student loan payments. Federal student loans have a grace period that gives most borrowers six months to get a job and figure out their finances. But graduating into a recession can make it hard to keep up with...
The Institute for College Access & Success, November 2009
This media alert introduces College InSight, an important new higher education data and research web site.
The Institute for College Access & Success, October 2009
In California and nationally, very few former foster youth make it to or through college, and cost is a major obstacle. A new report shows that despite federal and state programs and policies intended to help them afford college, surprisingly few California foster youth who apply for student aid...
The Institute for College Access & Success, October 2009
Our statement on the House Financial Services Committee's passage of a bill to create the Consumer Financial Protection Agency, which would protect consumers from private student loans and other dangerous financial products.
The Institute for College Access & Success, October 2009
The College Board's "Trends in Student Aid" and "Trends in College Pricing" shed important light on how students pay for college and the role of student loans. Lauren Asher comments on the expected decrease in private loan volume and continued need for reform, the cost of for-profits, and...
Some Community Colleges’ Choices Put Students at Risk
October 2009
Today we released a new report, Getting with the Program: Community College Students Need Access to Federal Loans, which finds that nearly one in 10 community college students in the U.S. can't get a federal loan if they need one because their schools choose not to participate in the federal loan...
House Judiciary Committee to Examine the Issue this Wednesday
The Project on Student Debt, September 2009
On September 23, the House Judiciary Committee's Subcommittee on Commercial and Administrative Law held the first ever hearing on private student loans and bankruptcy. Lauren Asher testified as an invited witness, arguing that private student loans should be treated like other consumer debt in...

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