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Report Finds 100% of Incarcerated Borrowers in Default, Limiting their Access to Pell Grants

Diverse: Issues in Higher Education

On July 1 st , incarcerated Americans will re-gain access to Pell grants for the first time in nearly 30 years. But a new report has revealed that an important segment of this population may be largely left out: those who already have student loans. But the consequences extend past the end of a sentence.

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Cordray to Step Down from Federal Student Aid Post

Diverse: Issues in Higher Education

Cordray worked to fix student loan system programs, like Public Service Loan Forgiveness and Income Driven Repayment, and oversaw the development and implementation of the SAVE Plan. Cardona said the COO revitalized the FSA Enforcement Unit to hold schools accountable for cheating students and combated student loan scams.

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Pell Grant Increase Will Help Low-Income Students, But More is Needed

Diverse: Issues in Higher Education

29, the new federal spending plan is set to increase the Pell Grant in 2023, allowing low-income students a chance to access up to $7,395 each year. According to the Department of Education, about six million students received Pell Grant funding in the 2020 – 2021 academic year. The total student loan debt reached $1.75

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Direct Admissions Helps Raise Applications, But Not Enrollments

Diverse: Issues in Higher Education

Jennifer Delaney, an associate professor of higher education at the University of Illinois, Urbana-Champaign, was based on data from a direct admissions pilot program that has been run by the Common Application since 2021. Two were Historically Black Colleges and Universities (HBCUs), and two were Hispanic Serving Institutions (HSIs).

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3 Options for Student Loan Forgiveness in RI

Student Loan Planner

Rhode Island is a small state with just over a million residents, according to the most recent Census data from July 2021. Even so, 64% of Rhode Island residents from the Class of 2020 graduated with student loan debt, according to The Institute for College Access & Success (TICAS).

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Three Metrics I Didn’t Have During My College Search, But I’m Glad Students Now Do

IHEP Institute for Higher Education Policy

The Scorecard has gone through several iterations and updates since its initial release in 2015, including one announced earlier this month, so I can only imagine how differently my search would have played out had I had access to the additional information the newest iteration of the tool now offers. i] National Student Clearinghouse.

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Your student loan payments are due: 3 strategies to support community college students’ financial wellness

EAB

Blogs Your student loan payments are due: 3 strategies to support community college students’ financial wellness When I think back to my time in college, student loans were something that nearly everyone had, but not something any of us fully understood. Specifically, we weren’t educated on how to repay them.