The Senate bill, a companion to H.R 5, would increase the Pell Grant and improve protections for student borrowers, in addition to cutting student loan interest rates. Some of these protections reflect elements of our Plan for Fair Loan Payments.
The Project on Student Debt has analyzed the new House leadership's proposal to cut the interest rate on certain federal student loans in half over five years. To find out who would benefit and how much, read the analysis.
This broad-based, multi-disciplinary research agenda to inform financial aid policies and student advising was sponsored by the New England Resource Center for Higher Education as well as the Project on Student Debt.
The best way to compare prices on a student loan is to match up the interest rates with all other factors held equal. But when lenders offer different types of discounts at different points in the repayment process, comparisons aren’t easy.
The director of the Project on Student Debt addressed the Department of Education in a public hearing at the University of California at Berkeley. This was the first of four hearings held as part of the Department's negotiated rulemaking process.
The Associate Director of the Project on Student Debt addressed the ACSFA about ways of simplifying the FAFSA (Free Application for Federal Student Aid) by using information the government already has.
The Project on Student Debt, August 2006
Average Debt by State, Sector, and School
New analysis provides a unique, state-level look at student loan debt, with total, public, and private sector averages for all 50 states. The findings challenge common assumptions about the relationship between debt and other factors such as tuition and cost of living.
A new analysis finds that the number of college graduates with high levels of student debt has skyrocketed since the early nineties, even after accounting for inflation. In 1993, 1.3 percent of graduating seniors with student loans owed $40,000 or more (in 2004 dollars). In 2004, 7.7 percent owed...
Temporary financial setbacks can lead to long-term debt and default for student loan borrowers. In a report made possible in part by the Project on Student Debt, NCLC examines student loan provisions in bankruptcy laws and other policies, and suggests reforms to encourage repayment and reduce...
This national survey found that Americans see paying off student loans as a serious problem for both middle-class and low-income families, and they support reforms to make loan payments more manageable.