The Project on Student Debt filed an administrative petition with the Department of Education for a rulemaking process to make student loan repayment more fair and manageable. Many of the goals of the petition were eventually accomplished through the legislative rather than regulatory process,...
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.
This tax model provides more meaningful relief to households with burdensome student debt than the current student loan interest deduction. It rewards work, encourages timely payment, and recognizes family responsibilities.
Project on Student Debt, February 2006
Strengths and Weaknesses of the Current System
This white paper analyzes the U.S. student loan programs' strengths and weaknesses and identifies practical ways to achieve a more rational and effective balance of borrower obligations and protections.