Updates on Student Loan Rates
On July 1, 2013 interest rates on many new federal student loans doubled–endangering the dreams of many middle class families. If this sounds familiar, its because we went through this last summer. The...
View ArticleNews on Sequestration
March 1 has come and gone and Congress did nothing to stop the looming budget cuts. As a result, If students who get federal aid could lose hundreds of dollars a year. We calculate the cost could be...
View ArticleTo the House and Senate
The federal government is dealing with a lot right now — important issues such as healthcare reform, sequestration and looming budget talks. Pell grants and federal student aid is also in that mix, but...
View ArticleTo the House and Senate Appropriations Committees
As Congress winds down for its holiday break, there is still much work to be done. A bipartisan budget deal is gaining steam, but we want to ensure the harmful cuts to student aid as a result of the...
View ArticleTo the U.S. House of Representatives
Congressional negotiators on Monday released details on the final FY 2014 omnibus spending package, which would fund all federal government agencies through Sept. 30. Among the higher education...
View ArticleHow big a role does the federal government play in student aid?
According to the College Board, federal grant, loan, and work-study programs accounted for for 71 percent of all available student aid during the 2012-2013 academic year. That translates into $170...
View ArticleA Letter to Chairman Ryan
Recently, Rep. Paul Ryan released a preliminary budget for fiscal year 2015. Below is our response, in the form of a letter we sent to the House of Representatives–including Rep. Ryan, who is chairman...
View ArticlePrivate College Tuition Increases at Lowest Rate in Four Decades
Published Tuition at Private Institutions Grew an Average of 3.6 Percent for 2013-14; Institutional Student Aid up 6.9 Percent WASHINGTON, D.C. (October 10, 2013) — Students and families entering the...
View ArticleGetting a PLUS Loan May Become Slightly Easier
NAICU Washington Update The Department of Education is seeking comments on recommended changes to eligibility standards for PLUS Loans. The proposed regulations, published on August 8, would update the...
View ArticleA Letter to Chairman Coats and Ranking Member Maloney
The Student Aid Alliance wrote to the Chairman and Ranking Member of the Joint Economic Committee expressing its “strong concern” with the use of “fair-value” estimates for federal credit programs....
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