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Emrey-Arras, Melissa – US Government Accountability Office, 2022
About half of the more than $1 trillion in outstanding federal student Direct Loans are being repaid by borrowers using IDR plans. Some borrowers in IDR plans are now potentially eligible for forgiveness of their remaining loan balances after 20 or 25 years of payments. GAO was asked to review IDR forgiveness. This report examines: (1) how many…
Descriptors: Federal Aid, Student Financial Aid, Student Loan Programs, Loan Repayment
Scott, George A. – US Government Accountability Office, 2012
The number of students seeking postsecondary education at public or private nonprofit institutions has increased by 31 percent over the last decade, and close to 90 percent of the overall student population is now enrolled in these types of schools. As demand for a postsecondary education has grown, so has the cost, and families are finding…
Descriptors: Postsecondary Education, Federal Aid, Student Financial Aid, Public Colleges