The valorization of skills in English higher education policy-making is a long-standing refrain, informing both rhetoric and investment from government and shaping university behaviour. Critiques of the 'skills agenda' are equally established, on grounds of its contested evidence base, manner of implementation and even its very definition. This…

This document records testimony from a hearing before the Committee on Education and the Workforce that was held to examine the implications of Biden's student loan policies for students and taxpayers. Member statements were provided by: (1) Honorable Burgess Owens, Chairman, Subcommittee on Higher Education and Workforce Development; and (2)…

This Policy Note explains the changes in the student accommodation market that have led to higher rents. Following the recent announcement that the maximum maintenance loan in England will increase by only 2.5% in 2024/25 and the fact that rents have been rising faster than maintenance support, this report outlines a possible a new approach,…

In this letter, the Congressional Budget Office (CBO) responds to questions about the effects of President Biden's August 24, 2022, announcement on executive actions affecting student loans. The cost of outstanding student loans will increase by $20 billion because an action suspended payments, interest accrual, and involuntary collections from…

The report examines how enrolled undergraduate students and parents of undergraduates view higher education and how they pay for it. The report considers education funding sources--from parent and student income and savings to scholarships, grants, and borrowed funds--and evaluates trends in payment strategies over time. This 17th edition provides…

We examined patterns and sociodemographic correlates of financial characteristics and behaviors among emerging and young (18-34-year-old) student loan borrowers. Employing latent class regression modeling on a subset of the 2018 National Financial Capability Study (N=1,490), we explored a heterogeneous constellation of patterns in these borrowers'…

Service-contingent student loan forgiveness and loan repayment programs enable borrowers to have all or part of their student loan debt forgiven or repaid in exchange for work or service in specific fields or professions. In both loan forgiveness and loan repayment programs, borrowers typically qualify for benefits by working or serving in certain…

The Tuition Assistance Program (TAP) is New York's primary aid program, accounting for 80 percent of state financial aid awards to students attending public, private non-profit, and for-profit higher education institutions in the state. TAP is available to students attending two-year or four-year degree granting programs as well as students…

In August 2022, the U.S Department of Education (ED) announced it would invoke the Higher Education Relief Opportunities for Students Act of 2003 (HEROES Act) to cancel up to $20,000 of federal student loan debts for borrowers who fell below certain income thresholds. The HEROES Act authorizes the Secretary to "waive or modify" statutory…

The 2011 Budget Control Act eliminated the in-school interest subsidy for graduate and professional students borrowing under the Stafford Loan Program. As a result, starting on July 1, 2012, graduate and professional students borrowing Stafford Loans became responsible for the interest accruing during their in-school deferment period. This study…

The rising cost of higher education has led to increased tuition costs for students and their families, forcing more students to secure larger amounts of debt to finance their educational pursuits. Although scholars have explored how student loan debt accumulation influences higher education persistence and graduation, an unexplored area of higher…

This paper uses new administrative data with detailed borrower information and lengthy repayment histories from the Canada Student Loans Program (CSLP) to measure rates of return on undergraduate student loans. We document substantial heterogeneity in returns based on information available at the time loans were disbursed, including province of…

The Biden Administration has taken numerous actions to address student loan debt. These actions have ranged in scope (both in terms of the borrower populations affected and associated modification costs), their rationales, and the avenues through which they were taken (e.g., formal rulemaking procedures, issuance of guidance). One effect of these…

The 'Higher Education Policy Statement and Reform Consultation' was launched in February 2022 with responses required by May 2022. This online consultation included 16 closed questions, which have been analysed quantitatively, and 29 open text boxes, which have been analysed qualitatively and the frequency of themes summarised quantitatively. The…

This publication provides information on the flow of government funding for vocational education and training (VET) in Australia. The publication is based on 2022 data provided by the Australian, state and territory government departments responsible for administering funds for Australia's VET system.