Student Debt and the Class of 2008 College seniors who graduated in 2008 carried an average of $23,200 in student loan debt. Meanwhile, unemployment climbed from an already challenging 7.6 percent in the third quarter of 2008 to 10.6 percent in 2009 – the highest third-quarter rate for college graduates aged 20 to 24 this decade. Debt levels vary widely by state, with some Midwestern and New England states facing the highest debts.

Getting with the Program: Community College Students Need Access to Federal Loans Nearly one in 10 community college students in the U.S. has no access to federal loans because their school chooses not to participate in the federal loan programs. While many community college students can and should avoid borrowing, those who need to borrow should have access to the safest, most affordable option: federal student loans.

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Coalition letter supporting mandatory certification of private loans in CFPA - The Project on Student Debt
Twenty-five organizations wrote a letter to Reps. Polis, Murphy, and Bishop in support of their amendment to require school certification of private student loans, as part of H.R. 4173

Coalition letter to Senate about CFPA oversight of all private loans - The Project on Student Debt
Twenty-nine organizations signed this letter to Sens. Dodd and Shelby of the Senate Banking Committee, thanking Sen. Dodd for making sure that all private student loans, including those made by...

Student Debt and the Class of 2008 - The Project on Student Debt
This report examines student debt in all 50 states and at four-year public and private nonprofit colleges and universities in the U.S. As student debt continued to rise, unemployment climbed from...

Official Comment on 2010-11 Student Aid Report (SAR) - The Institute for College Access & Success
The SAR is what federal aid applicants receive after filing the FAFSA. Our official public comments focus on ways to make it more clear and helpful to students and families so that they can make...

Official Comment on Self-Certification Form - The Institute for College Access & Success
The self-certification form must be filled out by students applying for a private student loan, starting in February 2010. This new process is the result of a provision in the Higher Education...

Coalition letter to House about CFPA oversight of all private loans - The Project on Student Debt
Thirty-two organizations signed this letter to Rep. Barney Frank, Chair of the House Financial Services Committee, urging that all private student loans, including those made by colleges, fall...

Getting with the Program - The Project on Student Debt
The Project on Student Debt has released a new report, "Getting with the Program: Community College Students Need Access to Federal Loans," which finds that nearly one in 10 community college...

Financial Aid Awards: Pledges, Packaging and Letters - The Institute for College Access & Success
The Institute for College Access & Success' Cedrick Andrews and Matt Reed presented at this year's National College Access Networks conference in San Francisco on financial aid award letters and...

Team II Negotiated Rulemaking Comments - The Institute for College Access & Success
Comments from Team II Negotiated Rulemaking to the U.S. Department of Education regarding preferred lender arrangements, private education loans, self-certification and exit counseling.

Coalition Letter in Favor of Discharging Private Student Loans in Bankruptcy - The Project on Student Debt
Eighteen organizations signed on in a letter to Congress urging them to make private student loans dischargeable through bankruptcy.

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