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ERIC Number: ED543213
Record Type: Non-Journal
Publication Date: 2013-Feb-14
Pages: 1
Abstractor: ERIC
Doing away with Debt: Using Existing Resources to Ensure College Affordability for Low and Middle-Income Families. [Executive Summary]
Education Trust
America's financial-aid system has become almost impossible to navigate and burdensome for those who need it most. Tuition and fees are skyrocketing, forcing almost half of college-going students to borrow. Low and middle-income students are taking on frightening levels of debt. Bachelor's degree recipients leave school with an average of $26,600 in debt, and over 100,000 students are shut out of college each year, with cost concerns acting as a major limiting factor. We must and can do better for students willing to work hard to learn their way into the middle class. The Education Trust proposes a college-aid redesign--a new system that shares responsibility among the federal government, states, institutions of higher education, and students to help low-income students attend and complete college with no loans and middle and upper-middle income students to do the same with no-interest loans. [For the full report, see ED543214.]
Education Trust. 1250 H Street NW Suite 700, Washington, DC 20005. Tel: 202-293-1217; Fax: 202-293-2605; Web site:
Publication Type: Reports - Descriptive
Education Level: Higher Education; Two Year Colleges
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Education Trust