Perkins Loan

Reasons & Recommendations for Retooling the Perkins Loan Program

President Obama’s budget proposes expanding and redesigning the Perkins Loan Program, a low-cost federal loan option available to some students through their colleges. Congress will play a significant role in shaping the new Perkins program. This opportunity comes at a critical time, as students and families worry more than ever about how pay for college and student debt levels continue to rise. Our new white paper, Reasons & Recommendations for Retooling the Perkins Loan Program, analyzes the current program and includes specific suggestions for increasing its impact on college affordability and student success.