Press Release/Statement

Shireman comments on the unfolding conflicts of interest scandal in the student loan world, and on policies to reform relationships between colleges and lenders.

A new report by the Institute outlines a plan for simplifying the financial aid application process by letting financial aid applicants ask the IRS to automatically answer many of the most difficult and important questions on the FAFSA.

Shireman comments on the Department of Education's consideration of borrower protections in the negotiated rulemaking process, and a new bill in the U.S. Senate.

See highlights of the Project's analysis of the new House leadership's proposal to halve student loan interest rates, and a statement from Project Executive Director Robert Shireman.

The findings of this unique, state-level report challenge common assumptions about the relationship between debt and other factors such as tuition and cost of living. 2005 graduates in New Hampshire, Iowa, North Dakota, Rhode Island and Pennsylvania had highest student loan debt.

Citing concerns about rising student debt and interest rates, groups representing students, parents, educators and the loan industry submitted an administrative petition to seek regulatory changes that would create more affordable ways to repay student loans.