The Public Service Loan Forgiveness (PSLF) program was established in 2007 and forgives borrowers' remaining federal student loan balances after they have made at least 10 years of qualifying loan payments while working in public service. Starting in September 2017, the first borrowers potentially became eligible for the PSLF program and began…

Starting in September 2017, the first borrowers became eligible and began applying to have their loans forgiven through the Public Service Loan Forgiveness (PSLF) program. The US Government Accountability Office (GAO) was asked to review the PSLF program. This report examines the (1) number of borrowers pursuing PSLF and the extent to which the…

Student parents face many challenges, including paying for child care, that can make it difficult for them to complete a degree. The federal government supports student parents through Education's Child Care Access Means Parents in School (CCAMPIS) program, which provides colleges funding for child care services, and federal student aid, which can…

Student employment subsidies are one of the largest types of federal employment subsidies, and one of the oldest forms of student aid. Yet it is unclear whether they help or harm students' long term outcomes. This document contains the appendices to the report "Should Student Employment Be Subsidized? Conditional Counterfactuals and the…

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…

A growing body of empirical evidence shows that some financial aid programs increase college enrollment. Puzzlingly, there is little compelling evidence that Pell Grants and Stafford Loans, the primary federal student aid programs, are effective in achieving this goal. In this paper, we provide an in-depth review of this evidence, which taken as a…

This survey comprised of two volumes of the first year of implementation of the Federal Direct Loan Program among institutions of the first cohort was designed to assess institutions' experiences in transition to the new program and their satisfaction with the program overall. Results included: (1) the overall level of schools' satisfaction with…

An analysis of the federal Stafford Student Loan Program summarizes its successes, limitations, and numerous problems and explains why reform has not yet occurred. A policy stalemate in Congress, lack of a well-developed reform alternative, and newly professionalized and mobilized interest groups are seen as making change unlikely. (Author/MSE)

This report examines the effectiveness of recent federal government efforts through amendments to the Higher Education Act (1993) to reduce student loan defaults. Key measures to curb defaults had been to make schools with high student loan default rates ineligible for federal student loan programs. However, many institutions have challenged…

The University of Oregon's financial aid director describes the success of the Federal Direct Student Loan program in its first year at the institution. No significant program disadvantages were experienced, and its advantages included flexibility of administration, ease of data management with the servicer, decrease in office workload, and…

This literature review examines the effectiveness of student financial aid in light of doubts raised about it at the start of the 1980s and subsequent cuts in federal support for student aid as a result of those doubts. The review has three objectives: to determine whether there are reasons to doubt the effectiveness of student aid; to determine…

This publication discusses areas of concern in the Department of Education's management and oversight of postsecondary student financial aid programs, especially the Federal Family Education Loan Program (FFELP), the Federal Direct Student Loan Program (FDSLP), and the Federal Pell Grant Programs. The General Accounting Office determined that, in…

The Committee on Government Reform, chaired by Tom Davis (R-VA) convened this oversight hearing to examine Federal Student Loan Programs, specifically the management and performance of the Federal Family Education Loan Program and the William D. Ford Federal Direct Loan Program. The Committee focused on the Department of Education initiatives to…

The Federal Direct Student Loan Program is not an improvement over the Federal Family Education Loan Program and is doomed to fail as did a similar large-scale federal program 33 years ago. The program will not save money; the government is ill-equipped to manage it; it has been pushed past its demand; and schools do not want the change. (MSE)

This study examined the impact of federal assistance on the number of students entering, continuing in, and graduating from basic nurses training programs. The effects of the Nurse Training Act (NTA) of 1964 were examined through measuring the differences (in admissions, attritions, and graduations) between school years in which NTA funding was…