People who are impacted by the criminal justice system ("system-impacted") face barriers when seeking financial aid to pay for college. Between the late 1960s and the early 2000s, Congress created laws that prohibited incarcerated students and students with certain criminal convictions from receiving federal grants and loans. This paper…

In the nearly fifty years since the adoption of the Higher Education Act of 1965, financial aid programs have grown in scale, expanded in scope, and multiplied in form. As a result, financial aid has become the norm among college enrollees. The increasing size and complexity of the nation's student aid system has generated questions about…

This report discusses the current state of higher education, with a brief high-level overview of the market and a more detailed discussion and analysis of the financial aid system. It also discusses the important changes President Obama has made to make higher education more accessible and affordable. The key findings are: (1) The economic returns…

This Postsecondary Education Descriptive Analysis Report uses data from the National Postsecondary Student Aid Studies (NPSAS:96, NPSAS:2000 and NPSAS:04) to examine trends in Stafford loan borrowing among undergraduates. NPSAS consists of nationally representative survey data that focus on student financial aid and the enrollment and background…

This paper outlines the major issues to be considered, and the tasks to be undertaken, by the Advisory Committee on Student Financial Assistance's Subcommittee on Need Analysis and Delivery System. In particular, the subcommittee's plans to address the following three areas are described: (1) opportunities for further simplification and…

This guide to undergraduate and graduate student loan programs focuses primarily on program administration and management in the context of student loan repayment and collection. By incorporating regulatory requirements with practical suggestions on managing student loan programs, the book provides a framework and a guide for those who are…

A program designed to provide student aid has spun out of control, becoming a cash cow for colleges and universities. The Department of Education has not adequately controlled the Federal Family Education Loan Program (FFELP), according to a recent report from the Government Accountability Office (GAO). Originally, traditional lending institutions…

As part of the reauthorization of the Higher Education Act of 1965 the Congress has examined concerns that the process of applying for aid under the Act's Title IV has become increasingly complex and may itself be creating barriers to an equitable student aid delivery system. Under the current system students are required to provide financial…

The first section of this report provides information on hurricane-recovery efforts. The second section of this report provides a summary of the work concluded in the area of elementary and secondary education, special education, and post-secondary education programs over the last six months. For 26 years, helping the Department identify and…

Recent developments on the topic of Guaranteed Student Loan defaults are summarized, in light of a recent shift in the focus of default reduction efforts from loan originators to the schools themselves. Background information on recent default reports is provided, the recommendations of the Secretary of Education are discussed, and the legislative…

In response to Fischer (HE 527 626), the author considers his proposal to simplify need analysis in Pell grants and other federal need-based student aid as ignoring important considerations. It is suggested that a single formula will be difficult to derive until a coherent philosophy of needs analysis and specific current purpose for the grant…

This report discusses the policy implications of the increasing role played by grants provided by colleges and universities as a source of financial aid for students and their families. It underscores the direct and indirect connections between changes in federal and state policy and institutions' aid programs, focusing on the effects of the…

This paper offers proposals for streamlining and simplifying the federal student loan programs in light of legislative and budgetary changes in progress during the early part of the Clinton Administration. The recommendations are based on 35 proposals submitted by institutions, associations, guaranty agencies, secondary markets, lenders, and loan…

In response to Fischer (HE 527 626), the author considers his proposal to simplify and unify the need analysis used in the Pell grant program and other federal need-based student aid to be useful and well designed, avoiding some common political considerations as it improves procedures and increases equity. The alternative cost-saving aspects of…

Creative ideas recently emerging to help families cope with rising educational costs are reviewed, including state and federal level savings plans, alternative loan programs, guaranteed access plans, and public service proposals. (Author/MSE)