Five years after our 2019 analysis of student borrowing rates across the University of California (UC) system, TICAS partnered with the University of California Student Association (UCSA) again to evaluate the state of affordability and student debt for undergraduates at the UC, and their implications for student success. While our analysis finds…

This study examined the relationship between financial stress and student retention for post-secondary students. Data from 2014 collected at a Pacific Northwest University using The Ohio State's National Student Financial Wellness Study were used to examine the students' reported levels of stress related to finances. Students reported the most…

Authored by Dr. Wendy Kilgore and Dr. James Dean Ward, this report delves into the impacts and institutional responses to federal regulations limiting transcript holds for students with unpaid balances. This comprehensive analysis is essential reading for anyone involved in higher education administration. Based on a survey of 326 institutions,…

This report, authored by Dr. Wendy Kilgore, Senior Director of Research at AACRAO, and Dr. James Ward, Principal at Ithaka S+R, provides insights into the impact of state-level transcript hold regulations on higher education institutions and learners. Key findings from the report include: (1) 97% of institutions changed practices or policies after…

The William D. Ford Federal Direct Loan (Direct Loan) program is the single largest source of federal financial assistance to support students' postsecondary educational pursuits. The U.S. Department of Education estimates that in FY2025, $93.1 billion in new loans will be made through the program. As of the end of the third quarter of FY2024,…

In early 2020, in response to the emerging COVID-19 pandemic, the Trump Administration declared a public health emergency under the Public Health Service Act, a national emergency under the National Emergencies Act, and a nationwide emergency under the Robert T. Stafford Disaster Relief and Emergency Assistance Act. Congress and the U.S.…

This study estimates the short- and long-term effects of undergraduate educational debt on students' decisions to apply and to enroll in graduate school after completing requirements for a baccalaureate degree, using marginal mean weighting through stratification method (MMW-S) to analyze data from the National Center for Education Statistics…

Financial literacy is ideally suited to be integrated into mathematics courses and taught in an interdisciplinary manner. Students learn best and are motivated when tackling real-world meaningful questions. This article shares how elementary mathematics was applied to better understand the debate about raising the minimum wage and the United…

Nearly all borrowers with federal student loans are currently eligible for an income-driven repayment (IDR) plan that allows them to cap monthly payments at 10 percent of their discretionary income. IDR plans also include a loan forgiveness benefit whereby remaining balances are canceled after a set period of making payments in IDR, typically 20…

Funding children's college expenses can be a family project, often requiring substantial savings from parents and educational debt from children, but parents also borrow to support their children's postsecondary ambitions. Despite growing use of debt to finance children's college expenses, studies have overlooked parent borrowing's role in…

As China moved from elite to mass higher education, student borrowers as the product of state intervention have surged. Yet little attention has been paid to their voices. This study conducts reflexive thematic analysis with a qualitative inquiry into lived experiences of 41 current borrowers. A five-factor typology of debt attitudes yields a…

Using data from nearly 1.2 million Black SAT takers, we estimate the impacts of initially enrolling in an Historically Black College and University (HBCU) on educational, economic, and financial outcomes. We control for the college application portfolio and compare students with similar portfolios and levels of interest in HBCUs and non-HBCUs who…

The term "achievement gap" has a negative and racialized history, and using the term reinforces a deficit mindset that is ingrained in U.S. educational systems. In this essay, we review the literature that demonstrates why "achievement gap" reflects deficit thinking. We explain why biology education researchers should avoid…

Debt will provide economic benefits if it is used for productive things and the debtor have a good plan to repay. Many of the women in the village of Baleturi are in debt, but most of the women who are in debt do not use the money for productive activities. As a result, they decide to take on new debts in order to pay off old debts. The purpose of…

Nationally, Ithaka S+R estimates that over six million students have completed credits at postsecondary institutions that they cannot document due to a past due balance. These overdue balances contribute to a national problem of stranded credits--credits that students have completed but cannot document because they were unable to fulfill their…