For many families, PLUS loans are an important source of borrowing to pay for expenses not covered by a Stafford loan. With basically no limit—parents can take out an amount equal to the cost of attendance minus any aid received—and a fixed interest rate of 7.9 percent or 8.5 percent depending on the program borrowed [...]
All Posts Tagged: 'FinAid.org'
Dreary News on Student Debt
The Project on Student Debt just released its third annual report on student debt trends, this one looking at the Class of 2007. Not surprisingly, student debt loads continue to rise—the report found that debt levels rose 6 percent from 2006 to 2007 to an average debt load of $21,900. This report, though, includes a [...]
Lowering Student Loan Default Rates: What One Consortium of Historically Black Institutions Did to Succeed 
College and Career-Ready: Using Outcomes Data to Hold High Schools Accountable for Student Success
03/11/10 | Kevin Carey is quoted on the rising costs of education in The Economist.
03/10/10 | Chad Aldeman's False Fronts paper is quoted on Accuracy in Academia.
03/09/10 | Ben Miller is quoted on Federal Family Education Loan defaults on The Huffington Post.
03/09/10 | Ben Miller is quoted on loan origination on the Firedog Lake blog.
03/07/10 | Kevin Carey calls for a Race to the Top in higher education in a column in The Chronicle of Higher Education.