The national conversation on student loan debt has led to questioning the value of American higher education. Students are relying on federal and private student loan products to pay for the cost of attendance at American higher education institutions. To address this challenge, many institutions have launched no-loan initiatives. One such…

Today 17 elite private colleges in the U.S. have offered no-loan policies, which replace student loans with grants, scholarships and/or work-study in the financial aid packages awarded to all undergraduate students eligible for financial aid. Generally, the goal of these policies is to increase the socioeconomic diversity of campuses and to reduce…

Ronald Reagan's first Secretary of Education, Terrel H. Bell, was interviewed on the nation's education policy and he reminisced about his four years in office. His observations on the changes in Reagan's support of higher education, Secretary Bennett, work-study programs, etc. are discussed. (MLW)

Congress has begun to rewrite the Higher Education Act, the federal law that authorizes student aid programs like Pell Grants, student loans, Federal Work-Study, TRIO and GEAR UP. This will mark the eighth time that the law has been formally revisited since it was enacted in 1965. It is still early in the process and it is uncertain what the…