Targeted IBR Outreach Is Underway: Great News for Struggling Borrowers, a Few Tweaks Needed

The U.S. Department of Education announced this week that it’s reaching out to about 3.5 million federal student loan borrowers who are carrying higher than average debt or showing signs of financial distress. The goal of the Department’s email campaign … Continue reading

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U.S. Department of Education Issues New Rules on Student Loans, Strengthens Key Provisions for Distressed Borrowers

The U.S. Department of Education has released new final regulations that strengthen key protections for distressed borrowers with federal student loans. The regulations also make conforming revisions to reflect legislative changes related to student loans. The new regulations will make … Continue reading

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Federal Government Default Could Increase the Cost of College for Millions of Americans

As the possibility of Congress failing to raise the debt limit and the federal government defaulting on its obligations becomes more real, we looked at what impact this might have on federal student loans. Since the U.S. government has never … Continue reading

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Low-Hanging Federal Loan Fruit

For college students who need to borrow, at any type of school, federal student loans are the safest and most affordable choice. Unfortunately, some community colleges across the country continue to deny their students access to federal loans. This leaves … Continue reading

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Pay As You Earn Now Available to Help New College Grads

Starting tomorrow (Friday, December 21), recent college graduates with federal student loans can apply to lower their monthly payments using the Pay As You Earn plan. This new repayment plan has a lower monthly payment cap than the more widely … Continue reading

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New Pay-As-You-Earn Plan Will Make Loan Payments More Affordable for Borrowers with Modest Incomes

Recent and soon-to-be college graduates will soon have a new option to help keep their federal student loan payments manageable and avoid default—the Pay-As-You-Earn repayment plan recently finalized by the U.S. Department of Education. Students graduating from college this year … Continue reading

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PBR Nightly Business Report – “College Students Graduating Deeper in Debt”

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TICAS VP Drives Home the Importance of Meaningful Disclosure

TICAS vice president Pauline Abernathy served on a panel at the American Enterprise Institute (AEI) on September 19, 2012 . The event’s focus was on providing better information about earnings and outcomes for potential college students and their families, in … Continue reading

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In a Win for Students, Kern Community College District Trustees Postpone Vote on Axing Federal Loans

In a victory for community college students, the Kern Community College District Trustees have postponed a vote on whether to do away with access to federal loans at Bakersfield College in California. For those who can’t otherwise afford to attend … Continue reading

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Court Strikes Down Low “Gainful Employment” Repayment Rate Standard but Affirms Education Department’s Authority to Act and the Need to Do So

On Saturday, June 30, a judge on the U.S. District Court for the District of Columbia issued a decision in APSCU v. Arne Duncan et al which challenged the Department of Education’s gainful employment regulations. Those regulations apply to career education … Continue reading

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