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Policy Priorities for 2009
It's a new year with a new
administration in Washington,
and the dire economic situation has made college affordability a top concern
for policymakers and consumers alike. Our new policy
agenda for 2009 aims to limit the growth and risks of student debt. Over
the next year, our work will focus on:
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Increasing access to need-based grant aid
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Strengthening consumer protections for private student loan borrowers
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Ensuring easy access to Income-Based Repayment and Public Service
Loan Forgiveness
For more details, see
the full policy agenda.
Colleges Honor Financial Aid Pledges Despite Economic Downturn
It's been about a year since several
colleges and universities made high-profile pledges to limit or eliminate
student loan debt for low- and middle-income students. These pledges send a
clear message to families of modest means about what they can expect to pay
for college. Our web
site profiles such financial aid pledges at more than 50
colleges.
We recently surveyed these
institutions about whether they would maintain their commitments to need-based financial
aid in the face of the economic downturn. All of the schools- from Harvard University
to Oberlin College
to the University
of Louisville - confirmed
that they will honor their pledges through the current academic year. They also
said they intend to do so through the 2009-10 school year, although further
financial trouble could cause plans to change in the coming months.
See a summary of all current financial
aid pledges
See a full list with
details of each pledge
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