A college education is an investment in the future of every student who pursues one, but it does not come cheap. College expenses include tuition, fees, books, equipment, and room and board, if a student chooses to live on campus. These all add up, and every student must determine where the funding for college will come from. Students with…

This report describes the need analysis formulas used to calculate the Expected Family Contribution (EFC) for federal student aid applicants. The formulas are codified in Title IV of the Higher Education Act (HEA), as amended. The Free Application for Federal Student Aid (FAFSA) is the data collection instrument through which students submit the…

Instead of asking whether money matters, this paper questions whose money matters in public education. Previous literature on education funding uses an aggregate expenditure per pupil to measure the relationship between education funding and academic performance. Federalism creates mainly three levels of funding sources: federal, state, and local…

Researchers interviewed higher education professionals, asking: How do professionals working in higher education equity and access sectors, both public and private, assign responsibility for improving access, and what solutions do they propose? Informed by Kingdon's multiple streams framework and Guajardo et al.'s theory of change in action,…

Parent PLUS loans are a growing concern due to their limited income-driven repayment protections and their potential to maintain longstanding racial wealth gaps. Previous research has examined factors associated with student debt burdens of college graduates, but no research has examined factors related to parent borrowing for college. In this…

Quality pre-primary education is widely recognized as crucial in providing children with the foundation to succeed, but many countries face obstacles in adequately funding scale-up of the pre-primary subsector. A major impediment to the expansion of early childhood education (ECE) is limited data on the cost-effectiveness of existing pre-primary…

With grant and scholarship aid as well as family resources unable to keep pace with college costs, loans have become a fact of life for millions of college students each year. In deciding how and how much to borrow, these students are making highly consequential decisions that will impact their future in unknown ways. Policy should aim to reduce…