Summary: In spite of a large literature on the causal effects of financial aid, the impact of funding on college outcomes remains an area of ongoing research with important unanswered questions. Studying the impact of financial aid presents the ongoing challenge of how to identify causal effects, as aid receipt is rarely random and at least partly…

Implementation of ESA programs will not be easy. The ESA model is novel and foreign to most state education agencies, which have little to no experience with helping families purchase a wide variety of educational goods and services using government funds. Even if agencies had the relevant experience, ESA programs are complex, involving millions…

Increasingly, people are looking for education and training options that are more affordable, flexible, can quickly open doors to good jobs, and--ideally--pave the way for further educational attainment. Businesses also want to hire workers with the skills needed for jobs in growing industries. Non-degree credentials (NDCs) can often meet these…

In December 2023, TICAS published new research on the College Affordability Gap--the gap between students' total cost of attendance and non-loan aid available to them--in California, Michigan, and New York, with a focus on students eligible for Pell Grants. Our new report builds on this research with data from nine additional states (Colorado,…

In response to rising college tuition and student debt over the past three decades, some institutions, localities, and states have implemented a range of tuition-free promise programs to promote college access and success. Programs vary widely in their design features, including eligibility stipulations and award structure. I explore the growing…

Although student loan debt has been rigorously studied over the past several decades, scant research has investigated how institutions of higher education communicate debt to current and former student borrowers. As COVID-19 forced the United States Department of Education to cancel the Annual Student Loan Acknowledgement as part of a student's…

In Indiana, higher education and postsecondary degrees are not accessible to all. Indiana is one of eight states with legislation specifically prohibiting offering in-state tuition rates and state financial aid to immigrant students not legally residing in the country. (U.S. 2023). This makes college unaffordable for thousands of undocumented…

Open-access colleges are an important pathway to economic mobility for millions of Americans. But graduation rates at these colleges are low--for example, only 36 percent of first-time, full-time freshmen at community colleges graduate within three years. Over the last two decades, MDRC and others have conducted research to build the evidence base…

Over the past two years, the Indiana affiliate's Government Relations Committee (GRC) has undergone a metamorphosis. As co-chair, the author has had the opportunity to witness the once largely inactive committee grow by 250 percent. The affiliate has embraced storytelling as an important advocacy tool. In this article, the author shares a couple…

The Indiana Choice Scholarship Program (ICSP), which began in fall 2011, is a state taxpayer-funded financial aid program that helps low and lower-middle income Hoosiers to send their children to the private K-12 school of their choice. This voucher program has been extremely popular among families, as the number of students receiving scholarships…

Credit momentum policies, or performance-based financial aid policies, have become increasingly popular among policymakers seeking to improve degree completion rates. This paper examines Indiana's 30-credit-hour completion policy on first-time, full-time students who receive the Twenty-First Century Scholars (TFCS) Promise Program. Using…

Since 1990, Indiana's 21st Century Scholars program has been leading the way as a model for early college promise programs across the country. It is Indiana's promise to students that no matter life's circumstances or obstacles, college is an option for them. In this report, students are broken out into three groups by income level: scholars,…

Since 2016, the State Higher Education Executive Officers Association (SHEEO), with generous support from Lumina Foundation, has been working with states to explore establishing "promise-type" aid programs for adult students (adult promise programs). SHEEO is currently working with 15 states to implement adult promise programs through…

After decades of making minor tweaks to the U.S. financial aid system, there is a need to develop truly novel approaches to paying for college. Until now, the goal of financial aid has been narrowly framed as providing young adults with enough money to pay for college while minimizing the short-term burden to taxpayers. Because of this narrow…

Next fall, students at Purdue University may have a new way to pay their tuition: income share agreements (ISAs). ISAs are an alternative form of higher education financing in which students pledge a fixed percentage of future earnings in exchange for money to pay for college. ISAs present a new challenge to the nation's colleges and universities,…