Discussion of the rising price of higher education and associated student debt in America has been a key feature of political discourse in recent memory, with renewed interest sparked by the announcement of the student loan forgiveness plan. Federal student debt has increased by 756% since 1995, and total student debt tripled from 2007 to 2022.…

In 2021-22, Texas implemented a policy requiring all public high school seniors to complete a financial aid application. This paper examines the early impacts of this requirement on Free Application for Federal Student Aid (FAFSA) completion rates and college enrollment using a difference-in-differences model. First, using a sample of high schools…

Using data from four waves of the National Postsecondary Student Aid Study (NPSAS) in 2004, 2008, 2012, and 2016, this study examines the effect of the PGIB on veterans' student loans. Results indicate that the PGIB has significantly affected veteran students' borrowing behavior, with an average $1,100 reduction in Stafford Loans. Veteran students…

In a time of increasing economic inequality, lower levels of government investment in higher education, and rising tuition costs, students vying for a college degree experience financial concerns as important influences on their college experience. An emerging body of literature has focused on the relationship between student finances and academic…

This year, The Institute for College Access & Success (TICAS) Michigan Student Advocacy Fellows focused their advocacy on expanding resources for students to cover rising non-tuition costs associated with higher education. As their culminating project, the students conducted a survey assessing the impact of non-tuition costs on Michiganders…

Problem: Several studies have examined the prediction of calling in college students, but no known study has focused primarily on the development of vocational calling among the vulnerable population of first-generation college students who have a higher drop-out rate than their peers. Examining the composition of vocational calling in…

Administrative burdens scholarship has explored the factors influencing bureaucrats' perceptions and administrative discretion when entitled individuals seek policy benefits. Few studies, however, have recently investigated such phenomena with undocumented youth immigrants. Drawing from online web surveys and conducting a mixed methods study, I…

During the 118th Congress, the House Committee on Education and the Workforce marked up and ordered reported the College Cost Reduction Act (CCRA; H.R. 6951). Most of the bill's provisions would amend the Higher Education Act of 1965 (HEA; P.L. 89-329, as amended), though it is not a comprehensive reauthorization of the HEA. Nevertheless, the bill…

This paper investigates the possible opportunity cost of using standard college savings plans against the advantages of using debt to pay for college. In addition, it presents a practical argument for using debt in place of college savings plans in certain instances. By doing so, investors may not only be able to mitigate the difficulty of saving,…

The struggle to pay for college is a defining feature of middle-class life in America. Caitlin Zaloom takes readers into homes of families throughout the nation to reveal the hidden consequences of student debt and the ways that financing college has transformed our most sacred relationships. She describes the profound moral conflicts for parents…

Student loan debt is the second highest consumer debt type in the United States, second only to mortgage debt (Federal Reserve Bank of New York, 2020). With an average federal loan balance of $32,300 in FY2020, it is estimated that 42.5 million borrowers owe a total of $1.4 trillion in student loan debt. As of March 2020, 19% of borrowers were in…

The Higher Education Act of 1965 was passed to provide upward mobility for those from lower socioeconomic families. The Act presented an opportunity to afford low interest loans to students who otherwise would not have had the privilege to attend college. The purpose of this narrative inquiry was to identify and understand process and policy…

Substantial increases in public university tuition often raise concerns about college affordability. But assessment of the impacts on low- and moderate-income families requires consideration of whether net tuition--tuition less grant aid--has increased commensurately. This paper describes recent shifts in net tuition by family income and…

This phenomenological qualitative study addressed the problem of high attrition of Black students from nursing programs, which has remained consistent for many years. Black students have consistently had a higher rate of attrition from nursing programs than their White counterparts over the years. Utilizing the theory of integration, critical race…

Federal Student Aid is money from the Federal Government that helps you pay for college, career school, or graduate school expenses. Federal student aid is available through grants, work-study funds, and loans. Every student who meets certain eligibility requirements can get some type of federal student aid. This brief describes the types of aid…