TICAS Applauds New Gainful Employment Rule

In July 2023, the U.S. Department of Education released the final version of its new income-driven repayment (IDR)…

The Pell Grant program is the federal government’s most effective investment in college affordability, but the share of college costs covered by the grant is at an all-time low. For our higher education system to fulfill its promise, the federal government must provide more student aid. 

Completing a quality degree is key to unlocking the full range of benefits of higher education, including securing meaningful employment that supports a student’s ability to repay their loans.

Summarizes loan limits, interest rates, and other terms for federal student loans issued from July 1, 2019 through June 30, 2020.

Useful two-page fact sheet about average student debt across all sectors of higher education, and specific groups of BA graduates who carry disproportionate debt burdens.

Private loans are one of the riskiest ways to finance a college education. Like credit cards, they usually have variable interest rates that are higher for those who can least afford them. Analysis of federal data from 2015-16 reveals that less than half of private loan borrowers use the maximum amount of more affordable federal loans.