By Allesandra Lanza. The federal government is facing tough budgetary choices on how to fund loan forgiveness programs.
The release of President Barack Obama’s budget last month sparked growing concerns that student loan forgiveness – specifically for graduate school student debt – will cost taxpayers much more than originally estimated. More...

By Arne Duncan. The single most important investment anyone can make in their future is to pursue higher education. But the one thing I often hear from families is that they are worried about the cost. Too many students are graduating from college feeling burdened by their student loan debt. The Obama Administration has – and will continue to – make college more affordable through increased Pell Grants and education tax credits, while improving transparency so that students and families have the information they need to select schools that provide the best value. More...