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The Volume and Repayment of Federal Student Loans: 1995 to 2017

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Title: The Volume and Repayment of Federal Student Loans: 1995 to 2017
Language: English
Authors: Burk, David, Perry, Jeffrey, Congressional Budget Office
Source: Congressional Budget Office. 2020.
Availability: Congressional Budget Office. Ford House Office Building 4th Floor, Second and D Streets SW, Washington, DC 20515-6925. Tel: 202-226-2809; e-mail: publications@cbo.gov; Web site: http://www.cbo.gov
Peer Reviewed: N
Page Count: 25
Publication Date: 2020
Document Type: Reports - Evaluative
Education Level: Higher Education
Postsecondary Education
Descriptors: Federal Aid, Student Loan Programs, Federal Programs, Loan Repayment, College Students, Debt (Financial), Loan Default, Change, Public Policy, Federal Legislation
Laws, Policies and Program Identifiers: Stafford Student Loan Program, Federal Direct PLUS Loan Program
Abstract: The volume and number of federal student loans, which provide financing to make higher education more accessible, have grown over the past few decades. In 2017, the most recent year for which detailed information was available, $96 billion in new federal student loans was disbursed to 8.6 million students, compared with $36 billion (in 2017 dollars) disbursed to 4.1 million students in 1995. Between 1995 and 2017, the balance of outstanding federal student loan debt increased more than sevenfold, from $187 billion to $1.4 trillion (in 2017 dollars). In this report, the Congressional Budget Office examines the factors that contributed to the growth in the volume of student loans and the effects of changes to student loan policy on borrowing and repayment.
Abstractor: ERIC
Entry Date: 2021
Accession Number: ED610721
Database: ERIC
FullText Text:
  Availability: 0
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  Data: The Volume and Repayment of Federal Student Loans: 1995 to 2017
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  Data: Congressional Budget Office. Ford House Office Building 4th Floor, Second and D Streets SW, Washington, DC 20515-6925. Tel: 202-226-2809; e-mail: publications@cbo.gov; Web site: http://www.cbo.gov
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  Data: <searchLink fieldCode="DE" term="%22Federal+Aid%22">Federal Aid</searchLink><br /><searchLink fieldCode="DE" term="%22Student+Loan+Programs%22">Student Loan Programs</searchLink><br /><searchLink fieldCode="DE" term="%22Federal+Programs%22">Federal Programs</searchLink><br /><searchLink fieldCode="DE" term="%22Loan+Repayment%22">Loan Repayment</searchLink><br /><searchLink fieldCode="DE" term="%22College+Students%22">College Students</searchLink><br /><searchLink fieldCode="DE" term="%22Debt+%28Financial%29%22">Debt (Financial)</searchLink><br /><searchLink fieldCode="DE" term="%22Loan+Default%22">Loan Default</searchLink><br /><searchLink fieldCode="DE" term="%22Change%22">Change</searchLink><br /><searchLink fieldCode="DE" term="%22Public+Policy%22">Public Policy</searchLink><br /><searchLink fieldCode="DE" term="%22Federal+Legislation%22">Federal Legislation</searchLink>
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  Data: The volume and number of federal student loans, which provide financing to make higher education more accessible, have grown over the past few decades. In 2017, the most recent year for which detailed information was available, $96 billion in new federal student loans was disbursed to 8.6 million students, compared with $36 billion (in 2017 dollars) disbursed to 4.1 million students in 1995. Between 1995 and 2017, the balance of outstanding federal student loan debt increased more than sevenfold, from $187 billion to $1.4 trillion (in 2017 dollars). In this report, the Congressional Budget Office examines the factors that contributed to the growth in the volume of student loans and the effects of changes to student loan policy on borrowing and repayment.
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      – Text: English
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        PageCount: 25
    Subjects:
      – SubjectFull: Federal Aid
        Type: general
      – SubjectFull: Student Loan Programs
        Type: general
      – SubjectFull: Federal Programs
        Type: general
      – SubjectFull: Loan Repayment
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      – SubjectFull: College Students
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      – SubjectFull: Debt (Financial)
        Type: general
      – SubjectFull: Loan Default
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      – SubjectFull: Change
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      – SubjectFull: Public Policy
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      – SubjectFull: Federal Legislation
        Type: general
      – SubjectFull: Stafford Student Loan Program
        Type: general
      – SubjectFull: Federal Direct PLUS Loan Program
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      – TitleFull: The Volume and Repayment of Federal Student Loans: 1995 to 2017
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              Y: 2020
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