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President Obama's 2015 budget proposed substantial changes to the Pay as You Earn program. In addition to extending the program to all borrowers, regardless of when their first loans were disbursed, it proposed certain limits to PAYE that are designed to "protect against institutional practices that may further increase student indebtedness, while ensuring the program provides sufficient ...
Originally proposed by President Barack Obama to help students and families pay for post-secondary education, the proposal called for a $4000 credit in exchange for 100 hours of community service. The stated goal of the credit was to, "cover two-thirds the cost of tuition at the average public college or university and make community college ...
The Student Aid and Fiscal Responsibility Act of 2009 (SAFRA; H.R. 3221) is a bill introduced in the U.S. House of Representatives of the 111th United States Congress by Congressman George Miller that would expand federal Pell Grants to a maximum of $5,500 in 2010 and tie increases in Pell Grant maximum values to annual increases in the Consumer Price Index plus 1%.
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 ...
The Obama administration announced Tuesday a plan to forgive $7.7B in federal student loans held by an estimated 387,000 permanently disabled Americans.
No matter what you think of him, President Obama's remarks about student loans during the State of the Union ring true for millions. Obama's prepared remarks included 6,778 words and the 41 words ...
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