Press Releases
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Final Rules Curb Student Aid Fraud and Aggressive Marketing
The Institute for College Access & Success - October 28, 2010Statement on the Department of Education's final regulations for 13 of 14 program integrity issues for Title IV funds. These new rules cover important issues such as incentive compensation and...
TICAS Statement on College Board Trends Reports
The Institute for College Access & Success - October 28, 2010The College Board's 2010 reports, Trends in College Pricing and Trends in Student Aid, show just how crucial need-based grants are to keeping college within reach. See Lauren Asher's statement on...
Student Debt and the Class of 2009
The Project on Student Debt - October 21, 2010College seniors who graduated in 2009 carried an average of $24,000 in student loan debt. Meanwhile, unemployment for recent college graduates climbed from 5.8% in 2008 to 8.7% in 2009 - the...
Bankruptcy Relief for Private Student Loan Borrowers Advances
The Project on Student Debt - September 15, 2010Statement of Lauren Asher in response to the House Judiciary Committee’s Subcommittee on Commercial and Administrative Law's passage of the Private Student Loan Bankruptcy Fairness Act of 2010...
Federal Student Loan Default Rates on the Rise
The Project on Student Debt - September 13, 2010The U.S. Department of Education released new data showing that the national “cohort default rate” on federal student loans is 7.0 percent for borrowers who entered repayment in 2008, up from 6.7...
Broad Coalition Presses for Stronger Regulation of Career Ed Programs
The Institute for College Access & Success - August 12, 2010Nearly 30 organizations advocating for students, consumers, civil rights, and college access are calling for stronger rules for career education programs that over-charge and under-deliver. The...
New Study Shows Post-FAFSA Paperwork Keeps Students from Getting Financial Aid
The Institute for College Access & Success - July 26, 2010A new report by The Institute for College Access & Success examines how the complicated process after students submit their federal financial aid application can keep them from getting grants they...
Education Department Takes Key Step to Protect Students and Taxpayers from Career Education Rip-Offs
The Institute for College Access & Success - July 22, 2010On July 23 the Obama Administration proposed a definition for "gainful employment" to protect students and taxpayers from getting ripped off by career education programs that over-promise and...
Big Wins for Students in Final Financial Reform Bill
The Project on Student Debt - June 25, 2010House and Senate conferees reached an agreement on historic financial reforms, including creating a much-needed Consumer Financial Protection Bureau (CFPB) with authority over risky private student...
July 1 Brings Important Changes to Federal Student Loans
The Project on Student Debt - June 23, 2010July 1 will bring several significant changes to federal student loans that benefit new and current borrowers. Some interest rates will decrease, and updated rules for Income-Based Repayment (IBR)...
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