Category Archives: Federal Student Aid

New Tool Helps Students Manage Loan Debt

The Department of Education launched a new tool this week that helps students with financial management basics including information about current loan debt and estimates for student loan debt levels after graduation. The new tool—the Financial Awareness Counseling Tool—has five … Continue reading

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June’s #AskFAFSA Office Hours Explores Student Loan Repayment Options

During June’s #AskFAFSA Office Hours, we featured  three recent student loan borrowers from a variety of fields who are using various resources (some more out of the box than others) to repay their student loans. Joe, Tiffany and Ian answered … Continue reading

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White House Office Hours with Secretary of Education Arne Duncan

Cross-posted from the White House Blog. Secretary of Education Arne Duncan is joining us for special session of White House Office Hours on Wednesday, June 27th at 2:00 p.m. EDT. During a live Q&A on Twitter, Secretary Duncan will answer … Continue reading

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Celebrating Success: 40 Years of Pell Grants

Cross-posted from the White House Blog. Chances are you know someone who wouldn’t have gone to college without the help of a Pell Grant. Since 1972, more than 60 million Americans have received financial assistance to earn their degree.   As … Continue reading

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Explore Your Student Loan Repayment Options at #AskFAFSA Office Hours

“While it’s never been more important to have a degree, a certificate or an industry-recognized credential — it’s also never been more expensive. About two-thirds of college graduates borrow to go to school, and on average they’re graduating with more … Continue reading

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GEAR UP Advances College Affordability with College Savings Accounts for 10,000 High School Students

In 2009, when President Obama proposed that by 2020 our nation would have the highest proportion of college graduates in the world, the Department of Education set our agenda to that goal. Secretary Duncan calls it “our North Star.” The … Continue reading

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Take Politics Out of Student Loan Process

This op-ed appeared in today’s edition of Politico. Last month, I had the honor of giving the commencement address at Howard University. I was filled with hope and inspiration looking out at the faces of all those young people, often … Continue reading

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Income Based Repayment: Everything You Need to Know

Cross-posted from the White House blog. Over the past several years, the Obama Administration has worked to improve repayment options available to responsible student loan borrowers. Since 2009, former students have been able to enroll in an “Income Based Repayment” … Continue reading

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ED Announces FAFSA Completion Project Expansion

If students don’t think they can pay for college, they won’t apply for college. Giving more young people access to the tools they need to apply for federal student aid is a key part of our strategy to make America … Continue reading

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April “School Days” Highlights Potential Increase in Student Loan Rate

In the just-released April 2012 edition of “School Days,” the monthly video journal of the U.S. Department of Education, President Obama calls for quick action by the Congress to avoid a dramatic increase in the interest rate for Federal college … Continue reading

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Education Department Announces Winners of Net Price Calculator Video Contest

Each year, millions of students face the challenge of choosing a college – and how to afford it is increasingly daunting for families. For many, the high price tag of a college education may discourage them from pursuing a degree, … Continue reading

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Different Venues; Similar Questions

On May 8, 2012, I traveled to New England and had an opportunity to meet with and talk and listen to with three distinct groups: students, faculty and staff at Dover High School (Dover, NH); senior administrators, including President Mark … Continue reading

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