Remove Grant Remove Student loans Remove Students
article thumbnail

Wealth-Based Pell Grant Could Reduce Student Debt and Racial Wealth Inequality

Diverse: Issues in Higher Education

A proposed federal financial aid policy could change the lives of postsecondary students, particularly Black and Latinx students, by allowing them to spend less out-of-pocket for their degrees and prevent the accumulation of student debt, which remains financially crippling for many graduates.

Grant 280
article thumbnail

Report: Student Loan Debt Burdens Limit Wealth Building and Career Choice for HBCU Graduates

Diverse: Issues in Higher Education

The burden of student loan debt limits future finances of graduates of historically Black colleges and universities (HBCUs). CRL found that student debt prevented many HBCU graduates from building wealth through means such as buying a home or investing in retirement.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Pell Grant Increase Will Help Low-Income Students, But More is Needed

Diverse: Issues in Higher Education

29, the new federal spending plan is set to increase the Pell Grant in 2023, allowing low-income students a chance to access up to $7,395 each year. Coupled with the $400 increase in the 2022 fiscal year, this is the largest two-year increase ever in the history of the grant. The total student loan debt reached $1.75

article thumbnail

Report Finds 100% of Incarcerated Borrowers in Default, Limiting their Access to Pell Grants

Diverse: Issues in Higher Education

On July 1 st , incarcerated Americans will re-gain access to Pell grants for the first time in nearly 30 years. But a new report has revealed that an important segment of this population may be largely left out: those who already have student loans. Even if it’s not 100%, it’s going to be damn near 100%.” “I

article thumbnail

Senators Reintroduce Bills to Help Inform Students about College Loans and Financial Aid

Diverse: Issues in Higher Education

Tina Smith, D-Minn, and Chuck Grassley R-Iowa, have reintroduced three bills to help students and families make informed decisions about borrowing for college. Tina Smith The bills aim to make sure that students are informed and educated about college search and selection, loans, and financial aid.

article thumbnail

College Affordability Still Out of Reach for Students with Lowest Incomes, Students of Color

IHEP Institute for Higher Education Policy

Department of Education’s 2019-20 National Postsecondary Student Aid Study (NPSAS:20) underscores a disconcerting reality: most students face a gap between what their families can afford and what they must pay to attend college. New IHEP analysis of data from the U.S.

Grant 246
article thumbnail

TICAS Policy Agenda Tackles the Flaws in the Higher Ed System

Diverse: Issues in Higher Education

The Institute for College Access and Success (TICAS) has released its latest policy recommendations to make postsecondary education affordable and completable for all students. “It Can students get childcare, or food? Because you can’t have student success without those things.” Sameer Gadkaree, TICAS president and CEO.

Grant 307