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Much of the information we have on college costs, financial aid, enrollment, and completion comes from the U.S. Department of Education’s annual surveys of colleges, collectively called IPEDS. Researchers and policymakers rely heavily on IPEDS data, and the Department’s own … 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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CBO Projects Almost No Annual Growth in Pell Grant Costs (2012-13 to 2023-24)

The nonpartisan Congressional Budget Office (CBO) recently released a report that explores the growth in the Pell Grant program between 2006-07 and 2010-11, citing factors such as the economic downturn and legislated policy changes. We are planning to dig deeper … Continue reading

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Income-Driven Repayment Plans are No Substitute for an Interest Rate Cap

Both the President’s FY14 Budget and the Comprehensive Student Loan Protection Act, reintroduced in the Senate this week, propose significant changes to federal student loan interest rates. Rather than being set by Congress, interest rates on new student loans would … Continue reading

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

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Report from Education Department Advisory Group Calls for Improvements to Financial Aid Data

Consumers, policymakers, and researchers all need user-friendly access to meaningful financial aid data – data that can deepen our understanding of important issues and inform decision-making at all levels. A recent report from the National Postsecondary Education Cooperative (NPEC) provides important, … Continue reading

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No Evidence of “Over-Borrowing” Problem at Either Community Colleges or For-Profit Colleges

Some community colleges and for-profit colleges have expressed concerns that their students borrow more than they really need in federal loans. We looked into available data and found no evidence that “over-borrowing” is a problem at either community colleges or … Continue reading

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The Cost of Eliminating the Interest Subsidy on Federal Student Loans

At a time when college students are graduating with record amounts of debt and facing the highest unemployment rate in recent history, it is not surprising that the national survey of young adults (18-34 years old) released today found strong … Continue reading

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New and More Complete Data on College Outcomes

The U.S. Department of Education’s National Center for Education Statistics (NCES) just released new data on six-year college persistence and graduation rates for students who began college in 2003-04. These data provide a rarely seen glimpse of how beginning college … Continue reading

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Sharp Decline in Graduation Rates at For-Profit Four-Year Colleges

A recently released report from the National Center for Education Statistics (NCES) presents the most up-to-date data from the U.S. Department of Education on student financial aid, graduation rates, enrollment, and finances at postsecondary institutions. We at the Project on … Continue reading

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