This report is the testimony and views of Preston Cooper, a senior fellow focusing on the economics of higher education at the American Enterprise Institute (AEI), to the US House Committee on the Judiciary, Subcommittee on the Administrative State, Regulatory Reform, and Antitrust about the pricing and spending practices of Ivy League…

"The responsiveness of consumers to a change in the price of a product is measured by the price elasticity of demand. If demand is elastic, a decrease in price will increase total revenue. Even though a lower price is received per unit, enough additional units are sold to more than make up for the lessor price. Also, the reverse is true; an…

Responsibility Center Management (RCM) budget models are designed to create financial incentives that encourage expense reduction and revenue generation. This article--a primer on RCM--equips enrollment management leaders and other higher education professionals with the knowledge required to support the attainment of enrollment headcount and net…

This report shares data on college resources in Ontario as they relate to: (1) College system revenues and expenses; (2) Trends in college funding; (3) Human resources trends; and (4) Student financial aid. Like many organizations around the world, Ontario's colleges had to adapt to a challenging and unpredictable environment during the pandemic.…

This report shares data on college resources in Ontario as they relate to: (1) college system revenues and expenses; (2) trends in college funding; (3) human resources trends; and (4) student financial aid. Among the highlights are: (1) In 2018-19, college system revenues totalled almost $5.5 billion. Grant revenue from all sources accounted for…

Each year, the State Council of Higher Education for Virginia (SCHEV) provides a tuition and fees report based on charges approved by boards of visitors at Virginia public institutions. The report includes a list of tuition and fee charges to in-state and out-of-state students and for undergraduate and graduate programs. It also provides trends…

This report shares data on college resources in Ontario as they relate to: (1) College system revenues and expenses; (2) Trends in college funding; (3) Human resources trends; and (4) Student financial aid. Among the highlights are: (1) In 2019-20, college system revenues totaled $5.5 billion. Grant revenue from all sources accounted for only 34…

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…

Title IV of the Higher Education Act (HEA; P.L. 89-329), as amended, authorizes the primary programs that provide federal financial assistance (e.g., Pell Grants and Direct Loans) to students to assist them in obtaining a postsecondary education at eligible institutions of higher education (IHEs). IHEs seeking to participate in the Title IV…

The Appropriation Act directs the State Council of Higher Education for Virginia (SCHEV) to submit an annual report to the Governor and the chairs of the House Appropriations and Senate Finance and Appropriations Committees documenting the annual change in total charges for tuition and fees approved by the boards of visitors at Virginia public…

First-time entrants to tertiary education are required to make interconnected decisions about their field of study, the fees they will pay and the application requirements they are prepared to face. Their choice of programme and institution will be influenced by the costs and entry criteria. The decisions they make about what to study and where…

There are two initiatives that can dramatically change the way college pricing and student debt are being handled under the current system. Both are commonsense solutions that would, if accepted, dramatically help students, graduates and families burdened by the cost of tuition and the loans they take to earn their degrees. First, income-based…

This executive summary presents highlights from the annually-produced State Higher Education Finance (SHEF) report for FY 2018. The State Higher Education Executive Officers Association (SHEEO) publishes the yearly report to broaden understanding of the context and consequences of multiple public policy decisions in each state. These decisions…

The Appropriation Act directs the State Council of Higher Education for Virginia (SCHEV) to submit an annual report to the Governor and the chairs of the House Appropriations and Senate Finance and Appropriations Committees documenting the annual change in total charges for tuition and fees approved by the boards of visitors at Virginia public…

Since 1997, education tax benefits have become an increasingly important component of federal higher education policy. For the 2019 and 2020 tax years, 12 tax benefits are available for college students and their parents to help pay for higher education. In 2025, absent legislative action, this number will increase to 13: two provisions which are…