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 study creates a measurement of Title IV funding influence on the institutional financial health of religious higher education institutions. It justifies a method, grounded in financial accounting standards, of using publically available data sources for calculating the Composite Financial Index metric to gauge institutional financial health;…

The reconciliation bill House Republicans passed outlines several proposed changes to higher education financing, including a new risk-sharing formula that would have colleges pay back a portion of their students' unpaid student loan bills. The amount colleges must pay is based on borrowers' unpaid loan payments each year (missed payments or…

This First Look report introduces new data for national and state-level public elementary and secondary revenues and expenditures for fiscal year (FY) 2023. Specifically, this report includes the following school finance data: (1) revenue and expenditure totals; (2) revenues by source; (3) expenditures by function, subfunction, and object; (4)…

In this essay, the authors examine a congressional proposal -- the Educational Choice for Children Act (ECCA) -- to allow taxpayers to redirect their federal tax dollars to organizations that would provide funding for students to enroll in private school or to help pay for outside educational supports. Based on the implementation of similar…

This hearing of the Committee on Health, Education, Labor, and Pensions examines compensating college athletes, focusing on the potential impact on athletes and institutions. Opening statements were presented by: (1) Honorable Lamar Alexander, Chairman, Committee on Health, Education, Labor, and Pensions; and (2) Honorable Patty Murray, Ranking…

This set of tables introduces new data for national and state-level public elementary and secondary revenues and expenditures for fiscal year (FY) 2021. Specifically, these tables include the following school finance data: (1) revenue and expenditure totals; (2) revenues by source; (3) expenditures by function and object; (4) current expenditures;…

Private postsecondary education leaders are concerned with the value of education and the benefits students receive after graduation. Federal regulations dictate that private postsecondary education institutions will not qualify for Title IV funds if they do not meet minimum student outcome requirements, including cohort default rates and 90/10…

The National School Lunch Program (NSLP) is the Nation's second-largest food and nutrition assistance program, providing billions of meals to tens of millions of children and adolescents each year. USDA, Economic Research Service (ERS) periodically reports on NSLP policies and program operations, often after major changes to the program's rules…

This First Look report introduces new data for national and state-level public elementary and secondary revenues and expenditures for fiscal year (FY) 2022. Specifically, this report includes the following school finance data: (1) revenue and expenditure totals; (2) revenues by source; (3) expenditures by function, subfunction, and object; (4)…

National Association of Student Financial Aid Administrators' (NASFAA's) National Student Aid Profile is an annual publication designed to give a high-level overview of the federal student financial aid programs that provide funding to millions of students each year. This profile includes an overview of: (1) The Federal Pell Grant Program; (2) The…

National Association of Student Financial Aid Administrators' (NASFAA's) National Student Aid Profile is an annual publication designed to give a high-level overview of the federal student financial aid programs that provide funding to millions of students each year. This profile includes an overview of: (1) The Federal Pell Grant Program; (2) The…

The Annual Disability Statistics Compendium is a collection of important information about people with disabilities in each state of the United States. It includes data from multiple government agencies and programs. The Compendium gathers these statistics together, making it easy for everyone to find and use. In the Compendium is such information…

This brief analyzes changes the House Committee on Education and the Workforce proposed to the income-driven repayment (IDR) plans for federal student loans under the fiscal year 2025 budget reconciliation process. The bill was approved in committee in April 2025. If enacted, it would replace existing IDR plans with a new plan (the Repayment…

According to a 2019 Pew Research Center survey, 67% of Americans support raising the federal minimum hourly wage from $7.25 to $15 per hour, with 41% strongly supporting the increase. Raising the federal minimum wage to $15 per hour has been the battle cry for many members of Congress, while others have opposed or expressed concern regarding, such…