article thumbnail

Republican Proposal Would Double Pell Grants, Set Student Loan Caps

BestColleges

The proposal would double the maximum Pell Grant, but only for students in their third and fourth years of college. It aims to overhaul the federal student loan system by removing the Parent PLUS and Grad PLUS loan programs. Foxx framed the legislation as an answer to the student loan debt crisis.

Loans 52
article thumbnail

Here’s Where the 2024 Presidential Candidates Stand on Higher Education

BestColleges

Joe Biden and Donald Trump have very different views on key higher education issues like student loan debt forgiveness, accreditation, and DEI. Biden has seen success in discharging federal student loans, while Trump has been an opponent of student debt relief. His loftiest proposal came as part of his 2024 budget.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

11 Red States Are Suing to Block Biden’s SAVE Loan Repayment Plan. Here’s What Borrowers Need to Know.

BestColleges

A new lawsuit by 11 Republican-led states is challenging President Joe Biden's student loan repayment plan. The lawsuit alleges that the Department of Education overstepped its boundaries in creating the program. The case could have major implications not only for the SAVE plan but for other Biden-era higher education policies, too.

Loans 106
article thumbnail

President Biden’s Complete Track Record on Student Loan Forgiveness

BestColleges

President Joe Biden campaigned on the promise of student loan debt forgiveness, and his first three years in office have offered a mixed bag of successes and failures. That far outpaces any student loan debt forgiveness from any previous administration. Supreme Court decision. million borrowers totaling almost $143.6

Loans 52
article thumbnail

Women in Higher Education: Facts and Statistics

BestColleges

1] Check Among college graduates, women are more likely to have student loan debt than men and have higher balances. [2] 2] , [3] Check Women college students face unique challenges like lower pay and higher rates of mental health diagnoses. [4] Here are five key findings about women in higher education.

article thumbnail

Students With Disabilities in Higher Education: Facts and Statistics

BestColleges

5] Despite how common disabilities are, society and institutions — like higher education — sometimes fail to provide adequate accommodations or truly inclusive spaces for all to participate equally. Sometimes, people with disabilities that impact their ability to work can qualify for student loan forgiveness.

article thumbnail

Democrats’ Budget Proposal Increases Maximum Pell Grant, Cuts Other Higher Ed Spending

BestColleges

The proposal would raise the maximum Pell Grant to $7,645 for the 2024-25 academic year. Federal Student Aid would receive more funds to help bolster the office tasked with resuming student loan payments soon. The Democrats' proposal includes an overall cut to higher education programs. That was a 7.2%

Grants 52