Utilizing the concept of resilience, this paper examines the attainment of bachelor's degrees or higher by Black Americans in 2012 and 2022. In 2012, 3.668 million Black Americans aged 18 and over had at least a bachelor's degree, with women accounting for 58.5% and men accounting for 41.5 percent. In 2022, that figure increased to 5.547 million…

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…

Despite substantial investments in financial aid programs, the available aid often falls short of covering the total cost of attendance (Hanson, 2023). Today, college expenses represent 30% of the annual median family income, pushing many students to rely on loans to finance their education (US Census Bureau, 2023). Among student loan borrowers,…

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…

College affordability is a significant factor in student access, retention, and completion. Tuition and fee rates are a component of affordability, as is the availability of financial aid programs from federal, state, institutional and private sources, among other factors. Strategically designed approaches to college affordability can better…

This qualitative inquiry explores students' (N=20) perceptions of Kalamazoo Promise (KPromise), how perceptions influence student motivation, and by what means students are covering remaining costs. Responses indicated deep appreciation of KPromise, built through community efforts. Perceptions of KPromise have developed into strong motivation to…

College affordability is a significant factor in student access, retention, and completion. Tuition and fee rates are a component of affordability, as is the availability of financial aid programs from federal, state, institutional and private sources, among other factors. Strategically designed approaches to college affordability can better…

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…

The Department of Education disbursed nearly $112 billion in financial aid to students through various grant and loan programs in fiscal year 2021. Colleges generally provide students information about the aid for which they are eligible in financial aid offers. Students use these offers to make key decisions, including which college to attend and…

Financial aid promotes and supports students' access to and success in higher education. This is especially true at community colleges. Whether students are seeking job training, a certificate or an associate degree, many rely on consistent and meaningful sources of financial support to advance their educational aspirations. Without these…

Queer people continue to feel the effects of queer oppression in higher education and beyond, including unique financial challenges. The price of being queer is troubling in a world ordered around capitalism and heteronormative privilege. The purpose of this paper is to examine the financial landscape for queer students and call for a robust…

For the past 13 years, Sallie Mae's "How America Pays for College" study has surveyed American college students and parents of undergraduate students about their attitudes toward college and how they paid for it. The research examines families' attitudes toward the value of a college education, their key considerations about what school…

This First Look publication provides the first results of the 2019-20 National Postsecondary Student Aid Study (NPSAS:20), the most comprehensive national study of student financing of postsecondary education in the United States. This report includes information for about 80,800 undergraduate students and 19,700 graduate students attending 2,200…

This First Look report presents selected findings about student financial aid during the 2019-20 academic year. These findings are based on data from the 2019-20 National Postsecondary Student Aid Study (NPSAS:20). NPSAS:20 is a national study of undergraduate and graduate students enrolled any time between July 1, 2019, and June 30, 2020, in…

This First Look report presents selected findings about student financial aid during the 2019-20 academic year. This document contains supplemental tables which feature state-level percentages of students receiving aid and average amounts received by undergraduate students. These findings are based on data from the 2019-20 National Postsecondary…