Press Releases

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New Income-Based Repayment of Federal Student Loans Starts July 1
The Project on Student Debt - June 11, 2009
A major new student loan repayment option, Income-Based Repayment, will become available for the first time on July 1, providing much-needed financial relief for hundreds of thousands of federal...

Lowest Cost Colleges are Hardest to Afford
The Institute for College Access & Success - May 13, 2009
Community colleges are usually considered a low-cost college option, but the sticker price is only part of the real story - students often struggle to cover a range of related costs and living...

New Data Show Big Increases in Private Student Loan Borrowing
The Project on Student Debt - April 21, 2009
The percentage of all undergraduate students who borrowed private student loans jumped from 5 percent in 2003-04, to 14 percent in 2007-08. At proprietary (for-profit) colleges and universities,...

Students and Grads, Listen Up: Student Loan Debt Relief Is on the Way!
The Project on Student Debt - April 3, 2009
Worried about how you will pay off student debt after graduation? Are your current student loan payments unaffordable? What if you can’t get a decent paying job in this economy? If you have federal...

President Obama's Budget Would Make College More Affordable
The Institute for College Access & Success - February 26, 2009
President Obama's fiscal year 2010 budget offers a bold and welcome new approach to student aid and will help make higher education more affordable for millions of students and families. It takes...

President Obama’s Budget Would Make College More Affordable
The Institute for College Access & Success - February 26, 2009
President Obama's fiscal year 2010 budget offers a bold and welcome new approach to student aid and will help make higher education more affordable for millions of students and families. It takes...

Economic Recovery Includes Investment in Student Aid
Project on Student Debt - February 13, 2009
The Project on Student Debt made recommendations for the stimulus bill recognizing of the importance of college access for a sustained economic recovery.

Higher Education Groups Urge Investment in College Affordability as Part of Stimulus Bill
The Project on Student Debt - December 11, 2008
Thirteen higher education groups sent a letter to Congressional leaders urging that their economic stimulus bill include major new investments in college affordability, including a dramatic Pell...

College Board Shows Student Debt Rising Faster than Tuition
The Project on Student Debt - October 29, 2008
In this statement, Executive Director Robert Shireman responds to the College Board's 2008 Trends reports. He points out that college costs include much more than just tuition, and that...

New Rules on Loan Repayment and Forgiveness Leave Unfinished Business
The Project on Student Debt - October 24, 2008
In this statement Executive Director Robert Shireman responds to the Department of Education's final regulations for Income-Based Repayment and Public Service Loan Forgiveness.

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