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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.

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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 case could have major implications not only for the SAVE plan but for other Biden-era higher education policies, too. It was an agency action that exceeded the powers granted to ED by Congress.

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These Higher Ed Policy Issues Will Define 2024

BestColleges

The 2024 presidential election is sure to shine a spotlight on higher education policy issues. One such issue has been a point of contention for many years now: student loan debt relief. The so-called Student Loan Relief Committee did not reach a consensus on every part of the department's proposed plan. Though Washington, D.C.,

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Part 2: No-Loan Colleges: Middle Class Families CAN Go to College for Free!

SSA Online College Prep

Comprehensive, updated (May 2023) list of no-loan colleges. 5500 is the loan cap most college access advisors recommend. Not all colleges include loans in your financial aid package. See a sample financial aid letter for a no-loan college ! See a sample financial aid letter for a no-loan college for an EFC of $0 !

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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

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Public Offers Suggestions for a New Student Loan Forgiveness Plan

BestColleges

Supreme Court struck down President Joe Biden's original student loan forgiveness plan June 30. President Joe Biden's administration took the first step in its new federal student loan debt forgiveness plan Tuesday. I want you all to know that … we are not going to stop fighting for student loan borrowers," Kvaal said. "We

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Maximum Pell Grant Amount

BestColleges

The maximum Pell Grant amount a student can receive is $6,895. [1]. Last year, the average Pell Grant amount was $4,130. [2]. When you account for inflation, the average Pell Grant amount decreased by about 4% between 2011 and 2021. But, Pell Grant recipients also accrue more student loan debt. [7]. Check Circle.

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