Since 2014, the Louisiana Board of Regents has been required by state law to annually report the household income data of recipients of the state’s largest and most-expensive student financial aid program, the Taylor Opportunity Program for Students (TOPS) scholarship. This data has shown us that since 2010-2011, the number of TOPS recipients from households with incomes of $150,000 or more has increased by 56%, while the number of recipients from the lowest-income households (earning less than $15,000) has decreased by 11% over the same time frame.… Read more...
After nearly 30 years of unjustly denying access, the federal government is set to fully restore Pell grant eligibility for incarcerated students. The Pell grant program offers the opportunity of higher education to eligible students who demonstrate financial need.… Read more...
Federal pandemic relief dollars lessened the pressure on the state budget and allowed the Legislature to make important new investments in education, including a much-needed boost to the Go Grants program that will make college more affordable for low-income students and the creation of the M.J.… Read more...
People who borrowed money to pay for college or trade school owe a combined $1.7 trillion to their creditors. Even before the coronavirus upended America’s economy, many of these borrowers were struggling to keep up with payments, which also made it harder for millions of people to save for a home, put aside money for retirement or even afford basic necessities. … Read more...