How Did We Get Here? Growth of Federal Student Loans

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TR Number

Date

2015-12-01

Journal Title

Journal ISSN

Volume Title

Publisher

The Institute for Higher Education Policy
Lumina Foundation

Abstract

This report follows the expansion of the federal student loan program throughout the years, from its origins in helping middle-income students afford a college education to an eventual rise in student loan borrowing. This 15-minute film chronicles the rise in loan volume, the impact of budgetary and accountability factors on the loan program, and the development of repayment options that provide tools for students to manage loan debt. To complement the film, the Institute for Higher Education Policy (IHEP) has developed a viewing guide that provides a historical look at federal loans.

Description

Keywords

student debt, student financial aid, middle-income students

Citation