Improving Federal Student Loans for Undergraduates

April 16, 2013

One-pager on TICAS’ “One Loan” proposal: a simple, affordable undergraduate loan with a fixed interest rate and no fees. The key features of this comprehensive proposal are designed to reduce complexity, improve targeting, encourage completion, and ensure affordability and predictability for students now and in the future. Details of the “One Loan” proposal can be found...

Impact of the Immediate and Retroactive Lower Lifetime Limit for Pell Grants

June 19, 2012

In 2008, Congress limited Pell Grant eligibility to nine years (scheduled awards) and applied the limit prospectively—to students receiving a Pell Grant for the first time on or after July 1, 2008. In December 2011, Congress lowered this lifetime limit to six years and applied it immediately and retroactively—to all students, including those a semester away from completing...

Data Show No Evidence of “Over-Borrowing” at Community Colleges: Colleges Don’t Need Further Authority to Limit Student Aid Options

January 6, 2012

Some community colleges have expressed concerns that their students borrow more than they need in federal loans. However, the data do not support claims of “over-borrowing” at community colleges. The vast majority of community college students do not borrow federal loans at all, and the few who do borrow do not take out large loan amounts.