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NAICU Statement on the Department of Education's Financial-Responsibility List
Americans whose students attend, or are considering attending, one of the institutions on the Education Department's list, should not rule out a college simply because it's listed. More
2010 Private College Tuition and Student Aid Trends
Private College Tuition Increases 4.5 Percent for 2010-11; Institutional Student Aid Up 6.8 Percent
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New Loan-Repayment Program Allows Student Borrowers to Pay as They Earn
Chronicle of Higher Education
June 30, 2009
The plan, which takes effect Wednesday, was created as part of the 2007 College Cost Reduction and Access Act. A borrower's monthly payment will be set at 15 percent of the person's monthly disposable income. Borrowers who earn less than 150 percent of the federal poverty level will not have to pay anything on their loan debt until their income rises.
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