More than 40 organizations signed this letter urging the Senate to strengthen consumer protections for private student loans through the Consumer Financial Protection Bureau in the financial reform bill.
A broad coalition of groups representing students, consumers, and institutions of higher education, and civil rights and public policy organizations supports legislation to treat private loans like other consumer debt in bankruptcy.
Hundreds of thousands of California Community College (CCC) students are eligible for federal Pell Grants but do not apply, leaving up to $500 million unclaimed in 2009-10. This fact sheet compares CCC financial aid application rates to the rest of the country, and also examines the inadequacy of...
Letter to California State Legislators in support of AB 1761, which would provide first-year tuition and fee benefits to Cal Grant B recipients.
The Institute for College Access & Success, December 2009
44% of Defaulters Attended For-Profit Institutions
The U.S. Department of Education has released a preview of new draft default rates yesterday. The new data show nearly 400,000 students who entered repayment in 2007 had defaulted by 2009, representing 12 percent of all students who entered repayment that year. Nearly half of these borrowers (44...
Twenty-five organizations wrote a letter to Reps. Polis, Murphy, and Bishop in support of their amendment to require school certification of private student loans, as part of H.R. 4173
Twenty-nine organizations signed this letter to Sens. Dodd and Shelby of the Senate Banking Committee, thanking Sen. Dodd for making sure that all private student loans, including those made by colleges, fall under the jurisdiction of the Consumer Financial Protection Agency.
This report examines student debt in all 50 states and at four-year public and private nonprofit colleges and universities in the U.S. As student debt continued to rise, unemployment climbed from an already challenging 7.6 percent in the third quarter of 2008 to 10.6 percent in 2009. See average...
The SAR is what federal aid applicants receive after filing the FAFSA. Our official public comments focus on ways to make it more clear and helpful to students and families so that they can make informed choices about how to pay for college.
The self-certification form must be filled out by students applying for a private student loan, starting in February 2010. This new process is the result of a provision in the Higher Education Opportunity Act of 2008. Our official public comments suggest ways to better accomplish Congress’s intent...