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...
On July 15, 2008, the Project on Student Debt submitted its official comment on the U.S. Department of Education’s proposed rules for the Income-Based Repayment and Public Service Loan Forgiveness programs.
This one-page fact sheet provides information on loan limits, interest rates, eligibility, fees, and discounts on federal student loan programs for the 2008-09 academic year.
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.