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The Bipartisan Student Loan Certainty Act of 2013 was a bill signed into law by President Barack Obama on August 9, 2013, [1] which, after more than a month of contentious debate between both parties about higher education and how the government should distribute loans, sets federal student loan rates to financial markets on all DIRECT student loans disbursed on or after July 1, 2013.
America's College Promise was a proposal by the Barack Obama administration to offer all students two free years of community college tuition. [1] [2] [3] It was based on the Tennessee Promise, a similar program for the state of Tennessee. State level programs, like the Tennessee Promise, have faced critique for their ability to fill tangible ...
This past August, President Barack Obama took to the road to speak publicly about the need to control college costs. Embedded in his new plan -- which includes ranking colleges and universities ...
The Obama administration estimates that close to 8 million borrowers will be affected by the student loan initiative trumpeted by the president in a speech at the University of Colorado-Denver on ...
Low-income students often prefer grants and scholarships over loans because of their difficulty repaying them. In 2004, 88.5% of Pell Grant recipients who had bachelor's degrees graduated with student loan debt. After college, students struggle to break into a higher income bracket because of the loans they owe.
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