The College Cost and Reduction Act focuses on three objectives: providing students with clearer and personalized information about the cost of college, holding colleges accountable for degrees that yield poor returns on investment, and reallocating funding for universities based on student outcomes.
Midway through the year, two significant upheavals in higher education occurred as the conservative-majority Supreme Court ruled against student loan relief and affirmative action in the college application process.
Only 60 percent of those with payments due in October had managed to fulfill their obligations by mid-November.
Default rates among student loan borrowers in the US often surge when payments resume after forbearances.
Midway through the year, two significant upheavals in higher education occurred as the conservative-majority Supreme Court ruled against student loan relief and affirmative action in the college application process.
Only 60 percent of those with payments due in October had managed to fulfill their obligations by mid-November.
Default rates among student loan borrowers in the US often surge when payments resume after forbearances.
