Press Releases
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Proposed Education Department Rules Would Curb Financial Aid Fraud and Abuse
The Project on Student Debt - June 16, 2010Statement of Pauline Abernathy, vice president of the Institute for College Access & Success, on the Department of Education's proposed rules on the "program integrity" of Title IV financial aid.
Statement of Senate Passage of Financial Reform Bill
The Project on Student Debt - May 21, 2010Statement from Pauline Abernathy, vice president of the Institute for College Access & Success (home of the Project on Student Debt) on the U.S. Senate's passage of the historic financial reform...
Sallie Mae’s Private Loans Exempt from Financial Reform Bill?
The Project on Student Debt - May 3, 2010In a letter sent today, nearly 40 organizations that advocate for students, civil rights, higher education, and consumers called on U.S. senators to close worrisome gaps in the Senate financial...
Borrowers with Private Student Loans Could Get Bankruptcy Relief
The Project on Student Debt - April 22, 2010Statement from Lauren Asher on private student loans and bankruptcy. Senator Dick Durbin and Representative Steve Cohen introduced legislation (S. 3219 and H.R. 5043) to treat private student loans...
New Survey: Most Colleges Maintaining Pledges to Limit Student Loans
The Project on Student Debt - April 8, 2010In the wake of recent announcements that Williams College and Dartmouth College were scaling back their “no-loan” financial aid pledges, a new survey finds that 50 other colleges with policies to...
Congress Passes Major Student Aid Reform
The Project on Student Debt - March 26, 2010Statement of Lauren Asher on the final passage of the Student Aid and Fiscal Responsibility Act, which will make college more affordable for millions of Americans by streamlining the federal...
Statement on Today’s Student Loan Reform Legislation
The Project on Student Debt - March 18, 2010Statement from Lauren Asher on the student loan reform legislation contained in the reconciliation bill.
California Economy Missing up to $500 Million Due to Low Financial Aid Application Rates and Community Colleges
The Institute for College Access & Success - March 17, 2010New research shows that hundreds of thousands of California Community College students are eligible for federal Pell Grants but do not apply, leaving up to $500 million unclaimed in 2009-10. The...
Statement on the Need for Student Loan Reform to be Included in Reconciliation
The Project on Student Debt - March 12, 2010Statement from Lauren Asher on the need to include the Student Aid and Fiscal Responsibility Act in reconciliation.
President Obama’s Budget is Good News for College Students
The Project on Student Debt - February 1, 2010Statement from Lauren Asher on the President's FY 2010-11 budget, which includes an historic Pell Grant increase, makes student loan repayment more manageable, and other important reforms to make...
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