The fact sheets below present data to show how millions of students and borrowers in each state across the country will be harmed by the Congressional reconciliation efforts. The reconciliation bills aim to deliver $4.5 trillion in tax cuts to billionaires while gutting over $300 billion in critical financial aid and higher education programs that students and working families rely on to pay for college. The bills propose to cut Pell Grants, eliminate subsidized loans and Graduate PLUS loans, and force millions of borrowers to pay even more on their monthly student loan bills. Taken together, these cuts will make paying for college and repaying student loans more expensive and risky. 

To create these June 2025 fact sheets, Student Borrower Protection Center sourced the most recently available data from the U.S. Department of Education, its Office of Federal Student Aid, and the National Center for Education Statistics.

View the Statewide Fact Sheets: June 2025 Recon Student Debt State Fact Sheet

June 2025 Recon Student Debt State Fact Sheets

Sources

  1. The number of enrolled college students per state was published by ED via the National Center for Education Statistics. The most recent available data are from 2022.
  2. The number of Pell Grant recipients per state was published by ED. The most recent complete available data are for grants disbursed during the Award Year 2023-2024.
  3. The number of students with Pell Grants at risk per state was calculated by adding both the number of students at risk of losing their entire Pell Grant and the number of students at risk of having their Pell Grant reduced, then dividing that sum by the total number of Pell Grant recipients in each state. The number of students with Pell Grants at risk was published in an analysis from the Center for American Progress using data from Federal Student Aid, the National Center for Education Statistics, and Integrated Postsecondary Education Data System.
  4. The number of subsidized loan recipients per state was published by the Office of Federal Student Aid. The most recent complete available data are for loans disbursed during the Award Year 2023-2024. 
  5. The number of federal student loan borrowers per state was published by the ED in January 2025 state factsheets, under the subheader that reads “Dispersing financial aid and supports to help students across [state] to attend and complete college.”
  6. The number of borrowers enrolled in the Saving on a Valuable Education (SAVE) plan in each state was published in a table at the bottom of a press release published by ED on January 12, 2024.
  7. The number of Grad PLUS borrowers in each state was published by the Office of Federal Student Aid and reflects the most recent complete available data for loans disbursed during the Award Year 2023-2024.