Title IV of the Higher Education Act of 1965 (HEA; P.L. 89-329, as amended) authorizes the operation of three federal student loan programs: the William D. Ford Federal Direct Loan (Direct Loan) program, the Federal Family Education Loan (FFEL) program, and the Federal Perkins Loan program. While new loans are currently authorized to be made only…

Title IV of the Higher Education Act of 1965 (HEA; P.L. 89-329, as amended) authorizes the operation of three federal student loan programs: the William D. Ford Federal Direct Loan (Direct Loan) program, the Federal Family Education Loan (FFEL) program, and the Federal Perkins Loan program. This report provides an overview of student loan…

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…

Florida implemented Statute 1009.45 as of July 1, 2017, to require colleges and universities to provide annual student loan debt notifications to students to inform them about their student loan obligations. The purpose of this basic qualitative study was to examine how college students in the State of Florida make financial decisions about their…

Since taking office, the Biden administration has sought to advance a complex and ambitious higher education regulatory agenda. The U.S. Department of Education held two separate rounds of negotiated rulemaking in 2021-22 to rewrite rules governing student loan relief programs and institutional accountability. This fall, the agency announced plans…

This paper discusses adults who are dealing with limited financial means under the premises of disability and over-indebtedness. To this end, the authors examined the concepts of vulnerability, financial literacy and the numerate environment for systematising and presenting findings from a qualitative secondary analysis of qualitative data sets…

Most colleges and universities help millions of Americans earn a degree or diploma to lead to economic security and a better life. In the wake of the Great Recession, it was revealed that too many for-profit colleges -- by enrolling hundreds of thousands of students -- sought to take advantage of the federal financial aid system to make windfall…

There is a major limitation in this field of literature with limited studies conducted on the factors influencing graduate school enrollment for STEM and business fields after the 2008 Great Recession. During the Great Recession of 2008, approximately 2.8 million students decided to go back to school and pursue a master's degree. Since then, the…

This study seeks to assess whether self-interest influences support for two policies to cancel student debt--one forgiving all student debt and one taking a means-tested approach to debt forgiveness. Each of these policy proposals offers a material benefit to certain groups of individuals while imposing cost or having no benefit to others, which…

University students are potential customers of peer-to-peer (P2P) lending and pawnbroking services. However, the existing literature has primarily underestimated such borrowers' opinions of these services, especially from a comparative standpoint. In addition, previous studies have also neglected the implications for personal financial and…

The purpose of this qualitative study was to explore the experiences of first-generation Black women who completed at least a bachelor's degree without student loans. While Black women are most burdened by student loan debt, little is known about the experiences of those who navigate college without accruing student loans. Combining endarkened…

This report is the third in a three-part series examining how institutions of higher education have responded to state and federal policies limiting the use of transcript holds for unpaid balances. Ithaka S+R partnered with the American Association of Collegiate Registrars and Admissions Officers (AACRAO) to field the 2024 Transcript Hold…

The Stop Student Debt Relief Scams Act of 2019 was put in place to explicitly make unauthorized access to Department of Education information technology systems and the misuse of identification devices issued by the Department of Education a criminal act. The Act includes the following sections: (1) Short Title; (2) Criminal Penalties; (3) Loan…

Despite the availability of income-driven repayment (IDR) plans--and significant improvements to program design and generosity over time--too many federal student loan borrowers?continue to struggle with repayment. Many struggling borrowers never enroll in an IDR plan; even for some who do,?income-based monthly payments can?still be too high.…

Purpose/Objective: To describe the perceived benefits and barriers to move beyond Community Eligibility Provisions (CEP) and initiating Universal Free Meals (UFM) in all districts across the U.S. that choose to participate in the National School Lunch Program (NSLP) and School Breakfast Program (SBP). Methods: Cross-sectional survey conducted in…