Student Debt and the Class of 2007 Our report finds that the average student loan debt for graduating seniors climbed by six percent in one year, while starting salaries rose by only three percent. Debt levels vary widely by state, with some Midwestern and New England states facing the highest debts.

Denied: Community College Students Lack Access to Affordable Loans At least one million community college students lack access to federal loans, not because of the credit crunch, but because their schools don't participate in the federal loan programs. This pushes students who need to borrow to resort to risky private loans, payday loans, and credit cards, or to drop out or reduce their course load. Our brief also finds significant gaps in loan access between racial and ethnic groups.

Recent Documents:

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Federal Aid Public Forum Comments - The Institute for College Access & Success
These comments are in response to the May 26, 2009 Federal Register notice (74 FR 24728) seeking public input about “how changes in the Department's financial aid communications and processes...

Negotiated Rulemaking Comments - The Institute for College Access & Success
The Institute's comments and recommendations on the verification of student aid application information and financial aid communication.

Letter of Support for H.R. 2492 - The Project on Student Debt
The Project on Student Debt signed on with seventeen other higher education organizations in support of H.R. 2492, a bill which would close a coverage gap in the tax treatment of forgiven student...

Comments to Federal Reserve Board on Private Student Loan Disclosures - The Project on Student Debt
The Institute for College Access & Success joined national consumer and student groups in submitting public comments about new disclosures for private student loans.

Quick Facts About Community Colleges and Financial Aid, 2007-08 - The Institute for College Access & Success
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...

President Obama's Budget Would Make College More Affordable - The Institute for College Access & Success
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...

Group Letter to Secretary Geithner on the Term Asset-Backed Securities Loan Facility
Nineteen organizations sent a letter to the U.S. Treasury Secretary Timothy Geithner urging him to make the receipt of TALF funds for private student loan financing conditional upon adequate...

Letter in Support of Consumer Protections in Private Loan Bailout - Project on Student Debt
We are part of a coalition calling on Reps. Barney Frank and George Miller, who chair the House Financial Services and Education committees, respectively, to push for necessary borrower protections...

Comments on IPEDS SFA Survey - The Institute for College Access & Success
It is important for students, policymakers, and the public to have timely and accurate information on financial aid to inform decision making and hold colleges accountable for their policies and...

Group Letter to Congress on Economic Stimulus and College Affordability - The Project on Student Debt
Thirteen higher education groups urge that an economic stimulus bill include major new investments in college affordability, including a dramatic Pell Grant increase, a boost in funding for Federal...

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