25 states have introduced programs that offer a tuition-free pathway to degrees or credentials to a substantial portion of their residents. Today's statewide "Promise" programs vary widely in terms of their scope, their generosity, and how they function. As a result, states like Michigan that are considering introducing or expanding…

Families may choose to save for college or elementary and secondary education expenses using tax-advantaged qualified tuition programs (QTPs), also known as 529 plans. This report provides an overview of the mechanics of 529 plans and examines the specific tax advantages of these plans. Specifically, this report is structured to first compare…

Historically, private education has been an option mostly for families who could afford the cost or received financial help. Years of research have shown that many families would choose private schools and other educational resources for their children if they did not face insurmountable financial or geographical limitations. Private educational…

This report outlines key data elements related to the Western Undergraduate Exchange (WUE), Western Regional Graduate Program (WRGP), and Professional Student Exchange Program (PSEP) for the 2022-23 academic year and is a core resource for policymakers, institutional leaders, counselors and other stakeholders across the region. This report…

Making college more affordable for families has been a critical issue for states in the SREB region for many years. Now the negative economic impacts of the COVID-19 pandemic have created additional barriers to college affordability. This brief provides an overview of college affordability in the SREB region based on data from the 2017-2018…

Since 1997, education tax benefits have become an increasingly important component of federal higher education policy. For 2023, 11 higher education-related tax benefits are available. After 2025, absent legislative action, this number will effectively increase to 13. Two provisions that are temporarily suspended are scheduled to be…

In "The Path to Free College," Michelle Miller-Adams argues that tuition-free college, if pursued strategically and in alignment with other sectors, can be a powerful agent of change. She makes the case that broadly accessible and affordable higher education is in the public interest, yielding dividends not just for individuals but also…

For the first time in U.S. history, a proposal for nationwide free community college passed through the House of Representatives in the fall of 2021. Although the provision was ultimately dropped from President Joe Biden's Build Back Better bill, its early presence suggests the political appeal of making college accessible to more Americans. These…

The federal government provides financial assistance to individuals for higher education expenses in two major ways: tax benefits and traditional student aid (loans, grants, and work-study assistance). Since 1997, education tax benefits have become an increasingly important component of federal higher education policy. In 2021, 11 higher…

Over the last 30 years, college tuition has skyrocketed. From 1988 to 2018, tuition at public four-year institutions rose 213%. In response to the exponential surge in the cost of higher education, policymakers have focused increasingly on proposals to expand financial aid and loans, and canceling the vast sums of debt that college students have…

As student loans, the cost of college tuition, and even value of higher education remain at the forefront of public discussion, one thing remains true: Affordability is central to adult learners' academic success, and money is one of the primary reasons why adult learners stop out before they graduate. This report takes a deep dive into the…

This dissertation examines the impact of state educational programs on the economics of education and labor, focusing on the New York State (NYS) STEM Incentive Program and China's tuition-free policy for vocational secondary education (VSE). The first two Chapters analyze the effects of the NYS STEM Incentive Program, an initiative implemented in…

The rising price of attending college has made college affordability an increasingly important policy issue in recent years. In order to make college more affordable for students and their families, states can pursue three possible options. The first option is to provide additional state appropriations to colleges, which allows institutions to…

Title IV of the Higher Education Act (HEA; P.L. 89-329), as amended, authorizes the primary programs that provide federal financial assistance (e.g., Pell Grants and Direct Loans) to students to assist them in obtaining a postsecondary education at eligible institutions of higher education (IHEs). IHEs seeking to participate in the Title IV…

The Post-9/11 GI Bill is the Department of Veterans Affairs (VA's) largest educational program. It provides payments for eligible veterans to cover tuition and fees, housing and other costs while they pursue a higher education. However, for some veterans this pursuit is interrupted when the school they attend unexpectedly closes. This testimony…