Today, institutions of higher education may charge whatever they wish for the education they provide, and the government provides the capital for student's tuition through loans without institutions bearing any meaningful risk if students do not repay. Naturally, this drives up costs and borrowing. On top of tuition and fees, students can borrow…

Free college has been gaining traction as a public policy option in recent years and has been adopted in some form by at least 15 states. Enthusiasm for the idea has gained momentum with the growing realization that a healthy economy requires a well-educated workforce and that workers benefit immensely from education beyond high school. Indeed,…

This is the executive summary for the report, "The Dollars and Sense of Free College." Policymakers have debated the specifics of free-college programs--including whether free-college eligibility should extend to students at four-year public colleges as well as community colleges, and whether it should be universal or targeted to…

This document contains the survey data and tables for the report "An Evaluation of Coronavirus Aid, Relief, and Economic Security Act Funding for Postsecondary Institutions." In January and February 2021, National Association of Student Financial Aid Administrators (NASFAA) collaborated with Student Affairs Administrators in Higher…

This article sheds light on the availability and characteristics of international scholarship programs that are sponsored by national and federal governments worldwide and that are intended to promote student mobility. Utilizing descriptive and cluster analyses, the article produces a framework for organizing the population of these programs. The…

In response to mounting concerns about the cost of college, lawmakers have proposed major new partnerships between the federal government and states to tackle college affordability. The Education Trust maintains that any new federal-state proposal aimed at making college more affordable must also simultaneously address completion problems by…

Federal financial aid serves as a crucial tool to support both access and success for students in higher education. This is especially true at community colleges. Whether they are seeking job training, a certificate, or an associate degree, our students rely on consistent and meaningful sources of support to advance their educational aspirations.…

In their paper entitled "Why should postsecondary institutions consider partnering to offer (Individual Development Accounts (IDAs)?" the authors reviewed frequently asked questions they encountered from higher education professionals about IDAs, but as their research continued so did the questions. FAQ II has more in-depth questions and…

The Canada Education Savings Grant (CESG) Program was introduced in 1998 to encourage Canadians to save for the post-secondary education (PSE) of children. The program provides a grant of 20 percent on the first $2,000 of annual contributions to Registered Education Savings Plans (RESPs) for children up to the age of 17. The CESG is administered…