Office of Planning & Budgeting

student loans


November 24, 2014

Average Debt for Graduates Continues to Rise

Overall student debt levels of recent bachelor’s degree recipients continue to rise according to Student Debt and the Class of 2013, a new report from the Project on Student Debt at The Institute for College Access & Success (TICAS).  The report includes 2013 state- and college-level debt data for graduates from colleges that opt to…


October 23, 2014

ED Releases New PLUS Loan Rules

It will soon be easier for students and parents with adverse credit histories to qualify for federal PLUS loans.  Under new the Education Department’s (ED’s) new rules – which were released on Wednesday and are expected to take effect in March – ED will review only two years (rather than five) of a prospective borrower’s…


October 9, 2014

UW Cohort Default Rate Remains Very Low Relative to National Average

The U.S. Department of Education (ED) recently released its annual update on federal student loan cohort default rates (CDRs), which measure the frequency with which student borrowers at all levels (undergraduate, graduate, etc.) default on their federal loans. Although the UW’s CDR rose while the national CDR declined, the UW’s rate still remains well below…


July 22, 2014

AASCU States “Pay It Forward Is Not the Solution to Addressing College Affordability”

On Thursday, the American Association of State Colleges and Universities (AASCU) released a policy brief examining the potential consequences of Pay It Forward (PIF) (please see our previous blogs for background information).  The AASCU brief summarizes other, similar approaches to paying for college and analyses PIF as a potential state approach to financing public higher…


July 11, 2014

AASCU Releases Latest State Outlook

On Thursday, the American Association of State Colleges and Universities (AASCU) released its most State Outlook.  According to the report, state operating support for public  four-year colleges and universities is 3.6 percent higher for FY 2015 than it was for FY 2014. Of the 49 states that have passed a budget thus far, support for…


May 15, 2014

Temple University’s Innovative Plan to Improve On-Time Graduation and Reduce Debt

Temple University recently created a new partnership between students and the university to help students graduate on time and limit the amount of debt they accrue. Under the program, called “Fly in 4,” if an undergraduate student fulfills a set of requirements aimed at promoting on-time completion, but is still unable to graduate within four…


April 2, 2014

Ryan Budget Would Hurt Pell Grants and Student Loans

Representative Paul Ryan, the House Budget Chairman, released his FY15 budget proposal on Tuesday. The proposal would remove the in-school interest subsidy for all subsidized undergraduate student loans, eliminate mandatory funding for Pell Grants, and freeze the maximum Pell Grant award at $5,730 for the next 10 years. As Office of Federal Relations put it…


March 26, 2014

New Report Suggests Graduate Student Debt Deserves Legislative Attention

A recent report by New America, titled The Graduate Student Debt Review, reveals that much of the nation’s “$1 trillion in outstanding federal student debt” is the result of expensive graduate and professional degrees, rather than unaffordable undergraduate educations. The report, which analyses recently publicized data from the Department of Education, shows that around 40…


March 5, 2014

President Obama Releases His FY2015 Budget

Yesterday, March 4th, President Obama submitted his fiscal year 2015 budget request to Congress. The Institute for College Access & Success (TICAS) has published their analysis of the budget as has the Education Policy Program at New America. TICAS states that the President’s proposal “takes important steps towards making college affordable for Americans by reducing the need to…


March 3, 2014

“Pay It Forward” Is really “Pay It Yourself and Pay More Than Ever”

On Thursday, The Equity Line, a blog by The Education Trust, posted a critique of Pay It Forward (PIF) that discusses some of PIF’s major flaws. As a reminder, under PIF, instead of paying tuition and fees upfront, students would pay back a certain percent of their adjusted gross income for 25 years. For more…



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