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Burk, David; Perry, Jeffrey – Congressional Budget Office, 2020
The volume and number of federal student loans, which provide financing to make higher education more accessible, have grown over the past few decades. In 2017, the most recent year for which detailed information was available, $96 billion in new federal student loans was disbursed to 8.6 million students, compared with $36 billion (in 2017…
Descriptors: Federal Aid, Student Loan Programs, Federal Programs, Loan Repayment
National Association of Student Financial Aid Administrators (NJ1), 2009
More than three-quarters of postsecondary institutions (79 percent) would prefer expanding the current Perkins Loan program rather than replacing it with the Direct Perkins Loan program being proposed in Congress, according to a recent survey of NASFAA-member schools. In fact, increasing unsubsidized Stafford Loan limits (80 percent) and lowering…
Descriptors: Student Loan Programs, Federal Programs, Change, Federal Aid