Policy Papers: Federal Education Budget Project

Federal Revenue and Family Income Shifts Due to Major Proposed Changes in Student Loan Policy

This week and next, federal lawmakers will consider a comprehensive overhaul of the terms and conditions associated with over $68 billion in new federally guaranteed student loans distributed each year to more than 10 million students and their families attending over 6,800 institutions of higher education. Changes of this magnitude in federal student loan law were last made over seven years ago and are not scheduled to be considered again until 2012.

In the first independent analysis of the pending and… more

Michael Dannenberg | November 1, 2005