Beginning in March 2020 and ultimately continuing to September 2023, most student loan borrowers had their required payments on federal student loans paused. For student loan borrowers with limited access to credit, the payment pause provided additional cash-on-hand that may have allowed them to reduce their work hours. Using survey data capturing…

In order to participate in Title IV programs, institutions must submit annual audits, performed by an independent auditor, to Federal Student Aid (FSA). Proprietary institutions' auditors are required to perform the compliance audit and financial statement audit in accordance with the Government Auditing Standards, Generally Accepted Auditing…

Study Background: This study delves into the intricacies of policy implementation within diverse institutional contexts, focusing on a federal initiative aimed at increasing low-income students' participation in dual enrollment programs through Pell Grants. Despite the policy's equity-oriented intentions, the actual impact varied significantly…

The federal government is the lender for the current student loan system, but replacing it with a system that harnesses the advantages of a marketplace of private lending would save $212 billion over the next 10 years while also benefiting students by helping them avoid risky educational choices. Due to ongoing court cases and upcoming regulatory…

The Higher Education Act of 1965, as amended, specifies a loan origination fee of 1 percent for all Direct Subsidized Loans and Direct Unsubsidized Loans, and a fee of 4 percent for all Direct PLUS Loans for both parent borrowers and graduate and professional student borrowers. Student loan origination fees, the hidden student loan tax, generated…

This report shares recommendations for the distribution of federal government funding among Canada's post-secondary institutions. These recommendations include: (1) continue to increase federal support for investigator-led research to ensure high success rates; (2) increase funding for SSHRC through a re-balancing of Tri-Agency funding and permit…

To help the nation respond to the pandemic, Congress injected about $4.6 trillion into the U.S. economy through the Coronavirus Aid, Relief, and Economic Security (CARES) Act and subsequent legislation. Of this amount, over $75 billion was directed to institutions of higher education through the Higher Education Emergency Relief (HEER) Fund,…

Outstanding Higher Education Act (HEA) Title IV federal student loan debt exceeds $1.6 trillion and is owed by about 45 million borrowers. In August 2022, the Biden Administration announced it would invoke the Higher Education Relief Opportunities for Students Act of 2003 (HEROES Act) to cancel, on a one-time basis, up to $20,000 in qualifying…

Israelis consistently secure European Research Council (ERC) grant funding at higher success rates compared to peers from most participating countries. Israeli scores in the ERC metric within the Adjusted Research Excellence Index (AREI) have been significantly above average and double those of the next highest (Switzerland) -- yet on other AREI…

The present study examines the differences between public baccalaureate institutional expenditures and Pell Grant recipient graduation rates at high and low Pell Grant recipient graduating institutions. IPEDS data were analyzed, including instructional, academic support, student services, institutional support, and Pell Grant recipient 6-year…

In this article, Richard L Dunsworth, president of University of the Ozarks in Clarksville, Arkansas, having spent 25 years in the roles of oversight as consultant evaluator, team chair, advisory team member, peer evaluator, and member of the board of trustees for the largest institutional accreditor in the United States faces the same struggle…

Higher education has long been seen as a vehicle for social mobility for individuals and an engine for national advancement. Yet, over the years, as governments worldwide have faced competing priorities and declining revenues due to economic challenges, funding for post-secondary institutions has been negatively impacted. For example, in the…

This study examines whether the National Science Foundation's ADVANCE-IT grant program identifies and funds institutions that improve faculty gender equity. By using matching procedures and a two-way fixed-effect event study, we find that when universities received ADVANCE-IT grants, their proportion and headcount of women faculty as full-time…

In the final days of 2020, Congress gave the country a long-overdue Christmas present with the passage of a new COVID-19 relief bill. Known as the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA), the bill is a whopping 5,500 pages long. But for higher education institutions, the real action starts on Page 1872 with the…

This First Look publication provides the first results of the 2019-20 National Postsecondary Student Aid Study (NPSAS:20), the most comprehensive national study of student financing of postsecondary education in the United States. This report includes information for about 80,800 undergraduate students and 19,700 graduate students attending 2,200…