Exploring Key Questions: Program-Level Repayment for Higher Education Accountability

A growing number of advocates and policy experts believe that institutions of higher education should be held accountable for repayment rates based on their specific program of study within the institution. To take a deeper look at how program-level repayment might be used as a tool for greater accountability and transparency, Higher Learning Advocates commissioned this…

Read More

101: Income-Driven Repayment (IDR)

What is Income-Driven Repayment (IDR)? Income-driven repayment (IDR) is a federal student loan repayment program that allows students to repay their loans based on their income, family size, and loan balance. Since 1994, the federal government has offered income-driven repayment plan options to help borrowers with lower earning power repay loans at a slower pace…

Read More

101: Pell Grant Rainy Day Fund

What is the Pell Grant Program? The Pell Grant program is a federal means-tested program that offers postsecondary aid in the form of a grant to be used for tuition, fees, and related expenses. Operated by the U.S. Department of Education’s (ED) Office of Financial Student Aid (FSA), the Pell Grant program is available on…

Read More