This brief presents the results of a fiscal analysis of the Iowa Education Savings Account Program. The Iowa Education Savings Account Program offers eligible parents the opportunity to receive their children's per-pupil state funding directly into a parent-controlled education savings account (ESA), a fund earmarked for educational expenses. This…

Education Savings Accounts (ESAs) are government-funded accounts typically established for parents who opt not to enroll their children in public kindergarten through grade 12 (K--12) schools. ESAs allow parents to spend funds that the state would have spent for their student to attend their local public school on a broad array of educational…

The 50-State Comparison on 529 Education Savings Plans provides a national comparison of state policies and activities related to state 529 education savings plans. It focuses on three main categories of state policies related to 529 plans: contributions, withdrawals, and eligible expenses. The information in this resource was gathered from state…

The purpose of this study is to outline a new approach to the comparative analysis of student finance systems based on social rights, an approach widely applied in other areas of social policy. It focuses on rights codified in national legislation and financed by central governments, and the collection of indicators measuring formal eligibility…

This annual publication of "The ABCs of School Choice" is a comprehensive, data-rich guide to every private school choice program in America. This publication outlines how each program works, whom it serves, and offers feedback on how it could be changed to help even more families in a particular state. Programs are grouped…

In this new Policy Note, Rachel Hewitt, HEPI Director of Policy and Advocacy, reports on the results of a new poll of students on Augar, funding and the cost of living. Key points: (1) Students' views are mixed between the current tuition fee model and Augar's recommendation to lower fees: 40% prefer the current system of £9,250 paid back over 30…

At the end of 2019, 43 million Americans owed over $1.5 trillion in federal student loans. The rapid increase in these balances over the past decade has led many to deem student debt a "crisis." Now, there is growing support among Democratic policymakers, and even some Republicans, to immediately cancel all or most of the federal…

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,…

A changing economy in Michigan means that education beyond high school, whether it's a degree or training for a specific skill or job, is more important than ever. But in Michigan, low- and middle-income families are seeing college costs continue to rise--for many, rising beyond their reach. Michigan has some of the highest public tuition levels…

A result of the last recession was the closure or merging of many higher education institutions (HEIs) throughout the New England region. In October 2019, the New England Board of Higher Education (NEBHE) in convened a group of economists and higher education leaders at the Federal Reserve Bank of Boston to talk about "The Future of Higher…

Federal free-college policies are now at the center of the Democratic higher education agenda. Sen. Bernie Sanders helped move the idea into the mainstream during the 2016 presidential campaign, and other lawmakers have since worked to advance the policy in Congress. Joe Biden effectively put free college on the ballot in 2020 when he fully…

Parents from all backgrounds and walks of life want to do the best for their children. Unfortunately, for many reasons, this is easier for some more than others. Those with more money, education and confidence are more able to give their children the best possible chance of succeeding in the educational system and beyond. This is a key challenge…

Students and their families evaluate net price when determining whether they can afford a college. But what affects net price? There are factors, such as instructional inefficiencies, administrative expenses, federal financial aid, and state appropriations, that have been noted in the literature that have an impact on costs and tuition. This study…

Introduced this year, "How America Pays for Graduate School" is a national study by Sallie Mae, conducted by Ipsos. This new study is designed to complement Sallie Mae's "How America Pays for College" report, which, for the last 10 years, has provided insights into how American families plan and pay for college, with a focus on…

Between 1995-96 and 2011-12, the number of undergraduates attending postsecondary institutions in the United States increased from nearly 17 million to 23 million. The web tables presented in this report provide a comprehensive look over a 16-year period at the trends in how undergraduates enrolled in U.S. postsecondary institutions finance their…