Uncle SLIC’s Lingering Loans
4 Articles
4 Articles
DataPoints: Federal direct student loans
The federal government disbursed roughly $88 billion in new federal loans in the 2023-24 fiscal year (July 1, 2023, to June 30, 2024). Based on data from the U.S. Education Department’s Integrated Postsecondary Education Data System (IPEDS), 88.5% of all postsecondary institutions had students enrolled who received a federal loan, while 86.7% of public community colleges
House Republicans reveal student loan system overhaul plan
House Republicans introduced a comprehensive plan to reform the student loan and financial aid system in late April. The proposal marked a significant policy shift as lawmakers seek to address growing concerns about student debt and the effectiveness of current federal aid programs. The announcement came amid ongoing debates about the sustainability of the current student loan system, which has left millions of Americans burdened with debt. This…
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- 50% of the sources lean Left, 50% of the sources are Center
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