student loans
November 14, 2019
Income Share Agreement Update
Income Share Agreements (ISAs) have grown in popularity in recent years. They have been lauded by some as a solution to the student debt crisis, and criticized by others for further complicating the education finance market. Given the continued interest in ISAs, we have updated our 2016 brief on the topic. Here are some key…
January 7, 2019
UW Fast Facts 2019 – Now Available!
The 2019 edition of UW Fast Facts is now available. You can find it on the OPB website under the UW Data tab, and in the Quicklinks bar on the right. You can also access it directly at UW Fast Facts. A special thank you to OPB’s Institutional Analysis team, the Marketing & Communications team, and to our…
January 3, 2018
UW Fast Facts 2018 – Now Available!
The 2018 edition of UW Fast Facts is now available. You can find it on the OPB website under the UW Data tab, and in the Quick Links bar on the right. A special thank you to OPB’s Institutional Data & Analysis team, the Marketing & Communications team and to our partners around the UW…
March 22, 2016
New OPB Brief on Income Share Agreements (ISAs)
Over the past few months, income share agreements (ISAs) have received significant attention from political candidates, higher education advocates, and news sources. A new OPB brief takes a closer look at ISAs by: Exploring differences between and the history of privately funded ISAs and publicly funded ISAs (such as Pay It Forward). Comparing ISAs to federal…
January 25, 2016
New York expands student loan forgiveness program to include lower earners
New York state has recently instituted the “Get on Your Feet” loan forgiveness program in an effort to keep young college graduates living and working in the state. The program, originally introduced as a part of Governor Cuomo’s 2015 Opportunity Agenda, is designed to help struggling recent graduates in the state pay back their student…
December 30, 2015
Higher Ed News Roundup
United States continues slide in global education rankings: A recent report released by the Organization for Economic Cooperation and Development (OECD) reveals that the United States continues to fall behind in educating its populace. The study shows that the US has dropped to fifth in the percentage of young adults, defined as those between age…
December 21, 2015
Perkins Loan Program Temporarily Revived
Last week, Congress passed a bipartisan bill to extend the Federal Perkins Loan Program, which had expired in September. The bill authorizes new undergraduate applicants to join the program through September 2017, but only if they have exhausted all other federal borrowing options first. New graduate students will not be able to join the program,…
November 19, 2015
DOJ reaches largest-ever settlement with for-profit higher education provider
U.S. Attorney General Loretta Lynch announced on Monday that the Department of Justice (DOJ) has reached a settlement in its false claims case against the Education Management Corporation (EDMC), an operator of for-profit colleges and universities. The $95.5 million settlement is the largest ever in a higher education false claims case. EDMC will also forgive…
November 5, 2015
Average National Undergraduate Loan Debt Continues To Rise
Undergraduates who graduated with student loan debt from four-year colleges in 2014 owed an average of $28,950, according to a recently released report by The Institute for College Access and Success (TICAS).[1][2] 69 percent of graduates have loan debt, the same figure as last year and slightly higher than it was in 2004 (65 percent). The average amount of…
November 3, 2015
National 3-Year Cohort Default Rate Drops For Third Consecutive Year: UW Continues to Excel
The Department of Education recently released their annual report detailing the 3-year cohort default rate (CDR)—a metric that measures what percentage of postsecondary students default on their loan payments within the first three years of entering repayment—and the data are encouraging: the 3-year CDR for FY 2012 is 11.8 percent, almost two percent lower than…
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