Special Topics
The Department of Education released new data which show 13.8 percent of student loan borrowers defaulted on their loans within three years of entering repayment, and our resource page on the federal student loan cohort default rate (CDR) and the new "three-year CDRs" provides background and useful links about cohort default rates for reporters, policymakers, and the general public.
The Institute's community college work seeks to maximize the
effectiveness of financial aid and student services at two-year
institutions, with a particular focus on the 2.5 million students at
California's community colleges.
Since October 29, 2011,
almost all U.S. colleges and universities are required to have "net price
calculators" on their websites. These online
tools can make it much easier for prospective students and their families to
look past often scary "sticker prices" and start figuring out which
colleges they might be able to afford.
Federal Pell grants help more than nine million low- and moderate-income Americans attend and complete college and are the cornerstone of our nation's student aid system. The vast majority of Pell recipients have family incomes under $40,000, and they already have to borrow more than others to complete college. Private student loans are one of the riskiest ways to pay for college. They have much more in common with credit cards than they do with federal student loans. Private loans typically have variable interest rates that are higher for those who can least afford them - as high as 18% in 2008 - and they lack the important consumer protections and repayment options of federal loans. The Project on Student Debt is working to improve consumer protections for private loan borrowers and ensure that students and families have the information they need to make safe and smart borrowing decisions. |




