Recession Complicates Analysis of Loan Limit Increases and College Costs

February 19, 2014
  • Industry News

Because of the recession's economic effects, it's difficult to say how increases in the borrowing limits on federal Stafford Student Loans affected college costs, the Government Accounting Office says in a new report.

While college prices have risen consistently, and continued to go up after the Stafford loan limits were raised, starting in the 2008-9 academic year, the recession's tumultuous and complex economic environment could have contributed to the increasing college price tag, according to the report (GAO 14-7), released on Tuesday.

Read more at The Chronicle of Higher Education: http://chronicle.com/article/Recession-Complicates-Analysis/144817/?cid=at&utm_source=at&utm_medium=en