What Every College Student and Grad Should Know About the Debt Ceiling Agreement
At long last, the folks in Washington have made a deal and student financial aid is hanging in there. The agreement reached yesterday between the White House and Congress avoids some of the cuts that would have hurt students the most. Yesterday’s agreement shores up the Pell Grant program by providing $17-billion in funding, and the White House indicates there will be sufficient funding to keep Pell Grants at their current level of $5,500. If Pell Grants had been cut, students may well have had to increase their reliance…
By Heather | Category: IBR, Student Debt, Public Service Loan Forgiveness, Student Loan Repayment