Student Loans
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Student Debt Cancellation Resources Page
Overview Student debt cancellation has gained attention in recent years as a policy proposal to address rising student debt levels in the United...
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College Cost Reduction Act Could Save $150 Billion, Lower Tuitions
UPDATE: On May 10, 2024, the Congressional Budget Office estimated the College Cost Reduction Act would save $185 billion over a decade, including...
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Congress Just Prevented Pell Costs from Exploding
The cost of the Pell Grant program already exceeds its funding. A recently announced change from the Department of Education, made due to an error in...
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Pell Grants Face a Big Shortfall
The Pell Grant program helps low-income students to fund their education by offering them up to $7,395 per year to fund tuition and other expenses...
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Chartbook: The Fiscal Cost of Income-Driven Repayment (IDR)
The Biden Administration recently finalized a rule to significantly expand student loan Income-Driven Repayment (IDR) plan. Although the Supreme Court...
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CRFB Reaction to Supreme Court Student Debt Cancellation Ruling
The Supreme Court ruled today that the Administration’s student debt cancellation plan is illegal and will not be allowed to go forward. The following...
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Senators Introduce Thoughtful Higher Education Package
Members of the Senate HELP Committee, led by Ranking Member Bill Cassidy (R-LA), along with Chuck Grassley (R-IA), John Cornyn (R-TX), Tim Scott (R-SC...
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Marc Goldwein on CNBC's "Squawk Box"
Committee for a Responsible Federal Budget senior policy director Marc Goldwein recently joined CNBC's "Squawk Box" to discuss the latest on the...
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Student Debt Cancellation Should Be Repealed
The House of Representatives will vote today on a joint resolution disapproving the President’s August 2022 student loan cancellation plan and...
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Goldwein Testimony Highlights $970 Billion in Student Loan Cancellation
CRFB’s Marc Goldwein testified to the House Subcommittee on Higher Education and Workforce Development, on March 23, on the $970 billion recently...
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Marc Goldwein's House Testimony on Biden's Student Loan Policies
On March 23, Committee for a Responsible Federal Budget Senior Vice President and Senior Policy Director Marc Goldwein will testify before the House...
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Watch: Committee Senior Vice President Testifies to House Higher Education Subcommittee
Committee for a Responsible Federal Budget Senior Vice President and Senior Policy Director Marc Goldwein testified before the House Subcommittee on...