The Free Application for Federal Student Aid (FAFSA) Simplification Act made several changes to the FAFSA, including changing the formula for determining student financial assistance need and simplifying the application. The rollout of the redesigned 2024-2025 FAFSA application encountered issues that affected students' ability to apply for aid.…

The purpose of the U.S. Department of Education's (Department's) fiscal year (FY) 2022 "Agency Financial Report" (AFR) is to inform Congress, the President, other external stakeholders, and the American people on how the Department used the federal resources entrusted to it to advance the mission of the Department to promote student…

The purpose of the U.S. Department of Education's (Department's) fiscal year (FY) 2023 "Agency Financial Report" (AFR) is to inform Congress, the President, other external stakeholders, and the American people on how the Department used the federal resources entrusted to it to advance the mission of the Department to promote student…

The Higher Education Act (HEA) of 1965 was meant to unlock the secret to upward economic mobility by granting more Americans the chance to obtain a college degree. Nonetheless, the originators failed to recognize how this dramatic shift in federal higher education policy would affect generations to come. Today the federal government originates or…

The purpose of the U.S. Department of Education's (Department's) fiscal year (FY) 2021 "Agency Financial Report" (AFR) is to inform Congress, the President, other external stakeholders, and the American people on how the Department used the federal resources entrusted to it to advance the mission of the Department to promote student…

The purpose of the United States Department of Education's (Department) fiscal year (FY) 2020 "Agency Financial Report" (AFR) is to inform Congress, the President, other external stakeholders, and the American people on how the Department used the federal resources entrusted to it to advance the mission of the Department to promote…

President Barack Obama submitted his third budget request to Congress on February 13th, 2012. The budget request includes proposed funding levels for all federal programs and agencies in aggregate for the upcoming 10 fiscal years, and specific fiscal year 2013 funding levels for programs subject to the annual appropriations process. It is…

The 2011 Occupy Wall Street protests brought countless media reports about unemployed college graduates struggling to repay their student loans and headlines sounding alarms that outstanding student loan debt will soon reach $1 trillion. Even though evidence is mixed on whether today's college graduates leave school with significantly more debt…

The purpose of the United States Department of Education's (the Department) Fiscal Year (FY) 2019 "Agency Financial Report" (AFR) is to inform Congress, the President, other external stakeholders, and the American people on how the Department used the federal resources entrusted to it to promote student achievement and preparation for…

The purpose of the United States Department of Education's (the Department) Fiscal Year (FY) 2018 "Agency Financial Report" (AFR) is to inform Congress, the President, other external stakeholders, and the American people on how the Department used the federal resources entrusted to it to promote student achievement and preparation for…

The purpose of the United States Department of Education's (the Department) Fiscal Year (FY) 2017 "Agency Financial Report" (AFR) is to inform Congress, the President, other external stakeholders, and the American people on how the Department used the federal resources entrusted to it to promote student achievement and preparation for…

This nation's federal student-loan system has reached a tipping point that, with the new leadership in Washington, offers a rare opportunity to create real change. To create a more consumer-focused student-loan program with both public and private capital, the Education Department, lenders, colleges in both programs, guarantors, and others should…

The purpose of the United States Department of Education's (the Department) Fiscal Year (FY) 2016 "Agency Financial Report" (AFR) is to inform Congress, the President, and the American people on how the Department has used the federal resources entrusted to it to promote achievement and preparedness of students entering a global…

Over the past few decades, the cost of tuition, room, and board for undergraduate students has increased, making it more difficult for some students and families to afford the cost of college. While students have historically relied on federal loans and grants and family contributions to pay for college, a growing number have turned to private…

The purpose of the United States Department of Education's (the Department) Fiscal Year (FY) 2015 "Agency Financial Report" (AFR) is to inform Congress, the President, and the American people on how the Department has used federal resources entrusted to it to promote achievement and preparedness of youth entering a global environment by…