For years Georgia's HOPE Scholarship program provided full tuition scholarships to high achieving students. State budgetary shortfalls reduced its generosity in 2011. Under the new rules, only students meeting more rigorous merit-based criteria would retain the original scholarship covering full tuition, now called Zell Miller, with other students…

When borrowers default on a federal student loan, it can have catastrophic consequences. Their credit scores drop dramatically, severely curtailing their ability to afford a home or a car, and even limiting their ability to sign up for utilities. The cost of their loan rises as late fees pile up. Moreover, the federal government can garnish…

Changing state revenues have prompted heightened concern about the immediate short- and long-term future and stability of state investments in higher education. The 2007 Survey of the National Council of State Directors of Community Colleges (NCSDCC) is the third administration of questions to determine questions of access, funding and overall…

This study examined the characteristics of students attending historically black colleges and universities (HBCUs), focusing on 14 HBCUs with student loan default rates of 25 percent or more over the last 3 years, which are high enough to jeopardize their continued participation in federal financial aid programs. It was found that, in general,…