Letter to Secretary Spellings about Cohort Default Rates

August 27, 2008

This letter requests that the Department of Education flag two-year institutions with exceptionally low federal loan participation rates in their annual Cohort Default Rate report. This practice would more accurately highlight problematic institutional default rates, and take some pressure off of those that are high due to a small number of students borrowing.


Time to Reexamine Institutional Cooperation on Financial Aid

June 12, 2008

Over the past two decades, colleges and universities have increasingly engaged in financial aid "bidding wars" for students with high test scores or grades but little or no financial need. A new white paper suggests that colleges could free up significantly more funding for need-based financial aid if they could legally work together to curb these bidding wars. The white paper...