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Download full textAlexandra Hegji; Sean M. Stiff – Congressional Research Service, 2024
Outstanding federal student loan debt exceeds $1.6 trillion and is owed by about 45 million borrowers. Since taking office, the Biden Administration has taken various actions to address student loan debt. These actions have ranged in scope (both in terms of borrower populations affected and associated modification costs), rationales, and the…
Descriptors: Student Loan Programs, Federal Programs, Debt (Financial), Student Costs
Cassandria Dortch – Congressional Research Service, 2025
The Federal Pell Grant program is the largest program providing need-based grant aid to postsecondary students. In FY2023, the program made $31 billion in grant aid available to approximately 6.5 million low-income undergraduate students. Congress has considered several legislative proposals concerning Pell Grants in recent years, and it may…
Descriptors: Federal Aid, Grants, Need Analysis (Student Financial Aid), Government Role
