Testimony of Lauren Asher before U. S. Department of Education

November 29, 2007

On November 29, 2007, Lauren Asher, associate director of the Project on Student Debt, testified before the U. S. Department of Education at a hearing about the negotiated rulemaking for Public Law 110-84. This law includes Income Based Repayment, loan forgiveness for public servants, and other important provisions.


Student Debt and the Class of 2006

September 25, 2007

Our report finds that the average student loan debt for graduating seniors climbed by eight percent in one year, while starting salaries rose by only four percent. Debt levels vary widely by state, with some Midwestern and New England states facing the highest debts.


Key Provisions in H.R. 2669

September 7, 2007

Both houses of Congress have passed H.R. 2669, the College Cost Reduction and Access Act. When it is signed by the president, the new law will redirect taxpayer subsidies away from student loan companies and toward increased grant aid and improved benefits for borrowers.