At the House Higher Education Committee meeting on February 2, the Georgia Department of Audits and Accounts presented its recent performance audit of Student Access Loans (SAL). The Department of Audits notes that Georgia’s approach to financial aid is “unique
As Georgia begins a new year and legislative session, the state has an opportunity to accelerate equitable economic growth by focusing its financial aid resources on those who will most benefit. The pandemic-induced recession illustrates how Georgians without degrees are
Higher education is a pathway to greater financial security and prosperity. The pandemic-induced recession illustrates how Georgians without degrees are most vulnerable during economic downturns, with unemployment rates for individuals with a high school education only—37 percent of
Student Access Loans (SAL), or Low-Interest Loans, are student loans funded by lottery dollars. The program began in 2012. Before using SAL, student borrowers must first use all available federal, institutional and private scholarships and loans, as well
Congress passed a $2 trillion relief package that includes provisions covering health care, payments to American families and support for businesses. The Coronavirus Aid, Relief and Economic Security (CARES) Act also included several provisions related to higher education, affecting colleges
Soon more than 60 percent of Georgia jobs will require some postsecondary education, but this goal is out of reach for too many Georgians due to financial roadblocks. Georgia led the nation on student financial aid and college access with
Postsecondary education and training are key to long-term financial security, as more Georgia employers want to hire workers with college credentials. While higher education is growing more essential for jobs of the future, the price students and families pay is
The Georgia Budget & Policy Institute works to advance lasting solutions that expand economic opportunity and well-being for all Georgians.
Georgia Budget & Policy Institute
