In the past few decades, increased use of federal student loans has created an enormous financial burden for many first-generation and low-income students who attend 4-year public postsecondary institutions to attain a degree. Reaching those educational goals for many undergraduate students and how they reach their goals has been at the heart of…

On August 24, 2022, President Biden announced that his administration would be cancelling $10,000 -- $20,000 of student debt for middle- and lower-income borrowers. Naturally, this announcement has unleashed a wave of follow-up questions among borrowers. This fact sheet is intended to help Californians with student loans navigate the process of…

Service-contingent student loan forgiveness and loan repayment programs enable borrowers to have all or part of their student loan debt forgiven or repaid in exchange for work or service in specific fields or professions. In both loan forgiveness and loan repayment programs, borrowers typically qualify for benefits by working or serving in certain…

When the COVID-19 pandemic began, the federal government responded by expanding the country's safety-net programs, including through stimulus payments. There were also significant federal policy changes to the Supplemental Nutrition Assistance Program (SNAP), the largest food assistance program in the United States. Benefit amounts were increased,…

The Federal Work-Study (FWS) program provides over $1 billion dollars annually in taxpayer-funded financial assistance to a unique population of at-risk, economically-disadvantaged U.S. college students with limited options for employment-related development. Research on the effects of FWS participation, especially professional development, is…

This article estimates earnings impacts for those who completed long-term college credentials (degrees or college certificates requiring a year or more of study) and those who did not in an experimental evaluation of a federally-funded sectoral job training program. The experimental evaluation found no overall impact of the program on earnings,…

Recent changes to the federal student loan program will affect student loan borrowing, repayment, and debt. Payments on student loans, which were suspended during the coronavirus pandemic, restarted in October 2023. A new repayment plan introduced in August 2023 will significantly reduce interest accrual and payments for certain borrowers.…

Over the last three decades, the Direct Loan program has grown in size and complexity, with almost $1.4 trillion in outstanding federal student loans. The Direct Loan program provides financial assistance to students and their parents to help pay for postsecondary education. The US Government Accountability Office (GAO) was asked to review changes…

The Western Interstate Commission for Higher Education (WICHE) annual survey of tuition and fees collects the resident and nonresident tuition and fees at public two- and four-year institutions in the WICHE region for undergraduate and graduate students. WICHE administered the most recent survey to state higher education executive offices, system…

This statutory report presents the activities and accomplishments of the U.S. Department of Education's Office of Inspector General (OIG) from April 1, 2024, through September 30, 2024. The audits, investigations, and related work highlighted in the report are products of OIG's mission to identify and stop fraud, waste, and abuse; and promote…

This article provides remarks delivered by Gen. Mark Brown, Chief Operating Officer for Federal Student Aid on September 19, 2019 at the 2019 National College Access Network (NCAN) Conference in Indianapolis, Indiana. Gen. Brown granted JCA permission to reprint his remarks.

For decades, the Free Application for Federal Student Aid (FAFSA) forms were processed electronically by the legacy Central Processing System. In 2021 the Office of Federal Student Aid (FSA) initiated a system development effort and in December 2023 deployed a new system to process forms for the 2024-2025 school year. However, student aid…

About half of the more than $1 trillion in outstanding federal student Direct Loans are being repaid by borrowers using IDR plans. Some borrowers in IDR plans are now potentially eligible for forgiveness of their remaining loan balances after 20 or 25 years of payments. GAO was asked to review IDR forgiveness. This report examines: (1) how many…

Although student loan debt has been rigorously studied over the past several decades, scant research has investigated how institutions of higher education communicate debt to current and former student borrowers. As COVID-19 forced the United States Department of Education to cancel the Annual Student Loan Acknowledgement as part of a student's…

The William D. Ford Federal Direct Loan (Direct Loan) program is the single largest source of federal financial assistance to support students' postsecondary educational pursuits. The U.S. Department of Education estimates that in FY2025, $93.1 billion in new loans will be made through the program. As of the end of the third quarter of FY2024,…