Affordable Higher Education

A college degree is practically a necessity these days, not only for the individual student, but for the economic and social health of the country. But as states cut budgets, and grant aid has diminished, students are relying on loans to pay for college.

It has not always been this way. Twelve years ago only one-third of college graduates from four year public colleges needed to borrow money to attain a college degree and graduates who borrowed carried around $12,000 of debt on average. Today more than two-thirds of graduates have federal student loan debt and carry over $23,000 on average. The percentage of students with $25,000 worth of private student loan debt has increased, from 5% in 1996 to 24% in 2008. 

A college degree must remain within reach for families of modest means, and affordable over the long term for the borrowers and parents in repayment. We work to increase student grant aid, make debt levels more manageable, and protect students as consumers from practices that contribute to educational debt.  

We need robust grant programs on a state and federal level, a simpler system of student aid that actively encourages student and parental participation, and stronger safeguards for student borrowers in repayment.  

Also, we can lower student debt by protecting student consumers. College students pay unjustifiably high amounts for college textbooks each year. And those who rely on credit and debit cards to help offset day to day costs of education, or to access their financial aid disbursements, can get slapped with penalty fees and terms that take advantage of them.

Issue Updates

Blog Post | Higher Ed, Student Debt

Pressing For Change at the US Dept of Ed | Student PIRGs

The Student Campaign in Events and Pictures

In the spring of 2005, Congress cut the student loan program by $12 billion dollars, forcing interest rates on loans to go higher and making college dangerously expensive. Students at UConn and at hundreds of campuses across the country fought the cuts, but we lost narrowly.

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Ripoff 101: 2nd Edition

In order to both confirm our initial findings and to follow up on a number of anecdotal reports of additional problems with textbook pricing, the State PIRGs conducted an expanded survey of the most widely purchased textbooks at 59 colleges and universities across the country. (February 2005)

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