Reports

Report | Textbooks

A Guide to Establishing Textbook Rental Services

One innovative way to lower textbook costs is allowing students to rent, rather than purchase, their textbooks each semester. This document is a twelve step guide for colleges and universities interested in lowering textbook costs for students by transitioning to a textbook rental service or exploring new, innovative business models. (July 2005)

Report | Higher Ed

Cutting Interest Rates, Lowering Student Debt - Updated

In 2007 Congress passed the College Cost Reduction and Access Act. The bill included several provisions to lessen the burden of student debt including:

  • More than two billion dollars a year in additional funding for the Pell Grant program. The Pell Grant helps more than 5 million lower-income students each year.
  • A new Income-Based Repayment program that allows student loan borrowers to repay their federal loans as a percentage of their income. 
  • Reductions in interest rates on subsidized Stafford student loans.

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