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Student Debt and the Class of 2010
Two-thirds
of college seniors graduated with loans in 2010, and they carried an average of $25,250 in debt. They also
faced the highest unemployment rate for young college graduates in recent history at 9.1%. Our new report, Student Debt and the Class
of 2010, includes average debt levels for the 50 states and District of
Columbia and for more than 1,000 U.S.
colleges and universities.
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Still Denied: How Community Colleges Shortchange Students by Not Offering Federal Loans
Almost half of all U.S. undergraduates attend community colleges, but many of those students lack access to the safest and most affordable way to borrow for college. Our issue brief found that more than one million community college students were denied access federal student loans, the best option for students who need to borrow to get college.
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Recent Documents:
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Coalition Letter to Congress on the Student Loan Interest Rate May 2, 2012 - Letter submitted by a coalition of organizations representing students, teachers, consumers, and civil rights urging Congress to prevent the interest rates from doubling on subsidized Stafford...
Suggestions for Promising and Practical Strategies to Increase Postsecondary Success April 30, 2012 - TICAS comments in response to the U.S. Department of Education's request for suggestions for promising and practical strategies to increase postsecondary success, as posted in the Federal Register...
Pell Grants Help Keep College Affordable for Millions of Americans April 23, 2012 - One-pager on the effects of potential cuts to the Pell Grant program, which would reduce access to college, undermine the economy, and lower college completion rates.
TICAS Comments on the Proposed Rule Defining Larger Participants in Certain Consumer Financial Product and Service Markets April 16, 2012 - Comments in response to the Consumer Financial Protection Bureau’s proposed rule defining the “larger” debt collectors and consumer reporting agencies subject to supervision by the Bureau.
TICAS Comments on the Draft "Alternative Documentation of Income" Form April 12, 2012 - TICAS recently submitted comments on the “Alternative Documentation of Income” form for Direct Loan borrowers in the Income Contingent Repayment (ICR) or Income-Based Repayment (IBR) plans. The...
Letter in Support of AB 1637 April 11, 2012 - Letter submitted by a coalition of organizations representing students, teachers, consumers, and civil rights in support of California bill AB 1637, which would better target Cal Grant dollars...
Financial Aid Pledges to Reduce Student Debt March 29, 2012 - A number of colleges have developed financial aid policies that limit or eliminate student loans from financial aid packages, reducing costs for students and families. We have analyzed each of...
Tips for Using “Net Price Calculators” March 19, 2012 - Since October 29, 2011, almost all U.S. colleges and universities are required to have “net price calculators” on their websites. These calculators can make it much easier to start figuring out...
Testimony of Debbie Cochrane, Program Director of the Institute for College Access & Success March 7, 2012 - Testimony of Debbie Cochrane, Program Director of the Institute for College Access & Success, before the Assembly Budget Subcommittee No. 2 on Education Finance
for the overview hearing on...
TICAS Comments to the CFPB on Streamlining Inherited Regulations March 5, 2012 - Response to the Consumer Financial Protection Bureau’s request for public comment on streamlining regulations it inherited from other federal agencies.
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