This report contains the testimony of Preston Cooper, a senior fellow focusing on the economics of higher education at the American Enterprise Institute (AEI), to the House Committee on Appropriations Subcommittee on Labor, Health and Human Services, Education, and Related Agencies concerning the federal role in postsecondary education, and the…

State need-based financial aid programs are a key driver of college access and completion for lower-income students and racially marginalized students in California, most of whom attend public two- and four-year colleges and universities and come from families with annual incomes of less than $40,000. As the state's largest need-based financial…

The COVID-19 health crisis has laid bare the structural inequity in the financial aid system. The pandemic has hit the lowest-income students hardest, with many struggling to afford the basic technology for online learning on top of new or exacerbated food and housing insecurity. Federal and state dollars predicated on Pell Grant eligibility, time…

For increasing numbers of Americans, a fundamental element of the American Dream appears to be at risk. A solid majority consider a college degree an indispensable ticket to the middle class, while even more people believe college is financially out-of-reach for many qualified students. The authors of this report advocate that findings have…