As policy makers consider revisions to the Higher Education Act (HEA), understanding the impact of increasing the size of Pell grants is important if it is to have the intended impact of improving educational outcomes for lower income students across the various types of colleges and universities. Understanding institutional behavior is a place to…

In response to goals of expanding access as well as public pressure to leverage substantial endowment resources toward increasing affordability, numerous elite colleges have enacted policies aimed at improving access and affordability by replacing student loans with grants in financial aid packages. No-loan policies, however, differ in the extent…

The federal Pell Grant was designed to help low-income students pay for college. But over the past two decades, a growing share of middle-income students have become eligible for the program. This was not policymakers' explicit goal. This report examines how the program came to increasingly provide students from middle-income families with grants,…

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…

America's college financial-aid system has helped millions of students obtain a postsecondary education, but the system's flaws are increasingly apparent. Growth in tuition and fees outpace available resources, particularly for students striving to rise out of poverty. Low- and middle-income students confront frightening levels of education debt.…

The last several years has seen significant cuts to federal student aid funding to shore up the budget of the Pell Grant program, the primary source of government aid to low-income students. But in this paper, the author argues that there's a better way to keep the Pell Grant program viable: elimination of the American Opportunity Tax Credit and…

Even as unemployment in Ohio has remained high, headlines regularly feature employers lamenting the lack of qualified job applicants. Some have even suggested that a dearth of skilled workers is driving Ohio's unemployment crisis. In this report, Policy Matters Ohio uses Bureau of Labor Statistics job projections and wage data to look at whether a…

This report examines Ohio's changing economy and whether Ohio is well positioned to meet the shifting skill demand. After examining job losses and job growth projections by sector and education attainment, findings revealed that Ohio has a projected education attainment gap for workers with some post-secondary education but less than a college…

When President George W. Bush signed the No Child Left Behind Act into law in 2002, the U.S. national high school graduation rate was 72.6 percent. Today, the national high school graduation rate has reached an all-time high of 81 percent and the number of low-graduation-rate high schools has declined considerably. While this progress is notable,…

Recent efforts to deal with college affordability, including measures now before Congress, raise many questions: Why does college cost so much? How can students ever be expected to pay back their loan debt? Why does the middle class always get squeezed? America's historical commitment to the education of its citizens is perhaps the most important…

Information on federal student aid recipients by income, undergraduate and graduate level, and financial dependency status is presented for Pell Grants, campus-based programs, and Guaranteed Student Loans (GSL). Income data are reported for all aid recipients and for financially dependent and independent students for 1983-1984 and for 1976-1977,…

Proposed changes in student financial aid for fiscal year (FY) 1986 and their likely effects on higher education are discussed. The Reagan Administration's FY 1986 budget recommends a 25% cut for higher education, or $2.3 billion below the adjusted FY 1985 level of $8.8 billion. All but $100 million of the cuts would come from student aid, and…

Hearings held before the Senate Subcommittee on Education, Arts, and Humanities on the Student Assistance Amendments of 1981 are presented, along with the text of S. 1108. A major objective of the bill is to amend Title IV of the Higher Education Act of 1965 to emphasize the element of need in the Guaranteed Student Loan (GSL) program and the…

The initial impact of the Middle Income Student Assistance Act (MISAA) was analyzed by comparing student aid recipients and student aid packaging before and after the passage of the Act. Student aid records from a national sample of aid recipients attending independent colleges and universities from 1978-79 through 1979-80 were assessed. In…

This study examined the use of education tax credits at four community colleges using data from the Federal Quality Assurance Program in 1998, the first year of the HOPE Scholarship and Lifetime Learning Tax Credit (LLTC). Preliminary estimates indicated that the two tax credits were expected to primarily benefit middle-income tax filers with…