Newsroom

Makes Permanent and Expands Access to the Most Targeted College Tax Benefit
The Institute for College Access & Success, March 2014
President Obama’s fiscal year 2015 budget proposal released today takes important steps towards making college affordable for millions of Americans by reducing the need to borrow and making federal student loan payments more manageable. It does this by investing in Pell Grants, making the American...
New report includes state-by-state and campus-by-campus debt levels
The Institute for College Access & Success, December 2013

College graduates who borrowed for bachelor’s degrees granted in 2012 had an average student loan debt of $29,400, according to a new report from the Project on Student Debt at The Institute for College Access & Success (TICAS). Seven in 10...

For-Profit Colleges Still Have Highest Rate
The Institute for College Access & Success, September 2013
More than 600,000 federal student loan borrowers who entered repayment in 2010 defaulted on their loans by 2012, new federal data show. The largest share of these students – 46 percent –attended for-profit colleges, which enrolled just 13 percent of students nationally. For-profit colleges also had...
Includes Targeted Borrower Outreach about Income-Driven Repayment Plans
The Institute for College Access & Success, August 2013
"We welcome the President's call to develop measures to reward colleges that prioritize access, affordability, quality, and student success. It will be easy to do this poorly and hard to do it well, but we cannot continue on the current path of college costs rising faster than family incomes and...
The Institute for College Access & Success, July 2013
The student loan interest rate compromise reached by the Obama Administration and Senate negotiators from both parties is more a missed opportunity than a cause for celebration. While Senate Democrats succeeded in including caps on how high rates can rise, the agreement is still projected to cost...
July 2013
On July 10, a minority in the Senate succeeded in blocking legislation to reverse the doubling of interest rates on subsidized Stafford loans for students who need to borrow for college this fall. While a majority of senators voted to extend the 3.4% rate for one year, support fell short of the 60...
Urges Senators to Vote for Reed-Harkin Bill and Against Coburn-Burr Bill
The Institute for College Access & Success, June 2013
In just 24 days, the interest rate for subsidized Stafford student loans will double from 3.4% to 6.8% unless Congress acts. Today, we call on the Senate to keep college and federal loans affordable instead of driving students deeper into debt by supporting the Reed-Harkin bill and opposing the...
The Institute for College Access & Success, May 2013
New legislation (S. 953) introduced by Senators Jack Reed and Tom Harkin, along with Majority Leader Harry Reid and nine other senators, prevents interest rates on subsidized student loans from doubling as scheduled this July and pays for itself by closing tax loopholes. Unlike some recent...
Kline/Foxx Bill Shifts the Government’s Debt to Students, Makes College Less Affordable
The Institute for College Access & Success and the Education Trust, May 2013
Under a new House bill, interest rates on certain federal student loans will nearly double by 2016 and more than double by 2017, not just on new loans but on all loans issued this coming school year or after. Legislation introduced by House Education and the Workforce Chairman John Kline and...
Fully Funds Pell Grants and Improves Income-Based Repayment, but Removes the Cap on Federal Student Loan Interest Rates
The Institute for College Access & Success, April 2013
President Obama’s fiscal year 2014 budget proposal is a mixed bag for students. The most important good news is that it fully funds Pell Grants, which help more than nine million students attend and complete college and reduce how much they need to borrow. Expanding access to work-study jobs and...

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