Jun 10, 2014 | Article, Post College, Research & Advocacy
On Monday, President Obama signed an executive order that should grant relief to millions of federal student loan borrowers. The President signed an order that significantly adjusted an existing 2010 order. The previous order capped repayment at 10% of income for...
May 8, 2014 | Article, Preparing, Research & Advocacy
As we covered last summer, Congress passed into law student loan reforms that temporarily reduced student loan interest rates. However, as part of those reforms, the federal student loan interest rate, based on auction levels of Treasury 10-year notes, is allowed to...
Feb 7, 2014 | Article, Research & Advocacy
Over the past year, there have been multiple accounts of how much the federal government profits from its student lending. This week, the Congressional Budget Office announced that those profits project to continue through 2024. This story on the Chronicle of Higher...
Sep 30, 2013 | Article, Research & Advocacy
Of the 4.7 million federal student loan borrowers from nearly 6,000 postsecondary institutions who entered repayment between in FY 2011, more than 475,000 defaulted on their loans by October 2012. This rate, known as the two-year default rate, now averages 10%. Sadly,...
