This is a guide to what college students, their parents, and people already repaying their student loans need to know about the helpful changes taking place on July 1, 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...
Shireman testified about student loans and the credit squeeze at a joint informational hearing of the Assembly Committee on Banking and Finance, and the Assembly Higher Education Committee.
The Project on Student Debt, April 2008
Community College Students Lack Access to Affordable Loans
At least one million community college students lack access to federal loans, not because of the credit crunch, but because their schools don't participate in the federal loan programs. This pushes students who need to borrow to resort to risky private loans, payday loans, and credit cards, or to...
Asher made a statement of support of SB 1355 to the California State Senate Education Committee. The bill would require California colleges to provide important information to students and families before certifying private student loans.
Many more community college students than students at California’s four-year colleges would lose financial aid under Governor Schwarzenegger’s proposed budget for 2009. This issue brief finds that the budget-cutting plan would eliminate new Cal Grant awards for 45 percent of community college...
A consumer guide to help borrowers find the best college loan and finance solutions in a tight credit market.
The Institute for College Access & Success, December 2007
Improving Access to Financial Aid at California's Community Colleges
This report finds wide variations in financial aid policies and practices at the state’s community colleges, which can have a major impact on students’ access to available aid. We hope that our findings and recommendations encourage students, administrators, and policymakers to maximize the use of...
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...
On Monday, October 29, 2007, Robert Shireman, executive director of the Project on Student Debt testified before the Join Oversight Committee of the Iowa state legislature about Iowa's unusually high levels of student debt.