July 14, 2022
New series highlights baseline statistics on access to the federal Pell Grant program and completion rates for U.S. higher education institutions by three sectors—community colleges, non-profit institutions, and for-profit colleges.
July 1, 2009
Income-Based Repayment became available for the first time on July 1, 2009. At least a million federal student loan borrowers will be able to lower their monthly loan payments through this program, providing much-needed financial relief. Contact your lender directly to apply. There is also good news for students still in college, including more money for Pell Grants and lower...
December 11, 2008
Thirteen higher education groups urge that an economic stimulus bill include major new investments in college affordability, including a dramatic Pell Grant increase, a boost in funding for Federal Work-Study, more access to PLUS loans, and emergency federal loan funds for some students.
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.
