Purpose: The purpose of this paper is to propose the concept of higher education institutions (HEIs) offering educational services based on value for money. The value is determined based on customers' (i.e. students) expectations of the service and the costs in comparison to the competitors. Understanding the value and creating customer value are…

This study examines the relationship between tuition increases, retention, and Pell Grant recipients attending college for the first time at 279 four-year public universities in the southeastern and southwestern regions of the United States. The data for this study was gathered from the Integrated Postsecondary Education Data System (IPEDS) using…

We find evidence of enrollment increases in both Syracuse and Buffalo following the announcement of a placed-based scholarship program, Say Yes to Education. While the Syracuse increases were accompanied by enrollment declines in surrounding suburban districts, the Buffalo increases coincided with declines in private school enrollments. Buffalo…

If there is one area of common ground between the Republican leadership in the U.S. Senate and House of Representatives, it is that the time has finally come for those entities that are not currently paying their fair share of taxes to step forward and be held accountable. Both the Senate and House tax reform bills propose that these…

We estimate the effects on postsecondary education outcomes of the Kalamazoo Promise, a generous, place-based college scholarship. We identify Promise effects using difference-in-differences, comparing eligible to ineligible graduates before and after the Promise's initiation. According to our estimates, the Promise significantly increases college…

In 2010, total student loan debt surpassed total credit card debt held by Americans. About two years later, total student debt broke the psychologically huge $1 trillion mark. These milestones brought to a boil long-simmering frustration with college price growth that has outstripped normal inflation, household income changes, and even…

In fiscal years 2014-15 and 2015-16, Colorado's public institutions witnessed their smallest year-over-year percent increase in tuition rates in more than a decade. This was largely the result of increases in General Fund support for higher education. In an attempt to maintain this progress, the General Assembly chose to hold the Department of…

A college degree is increasingly necessary in today's economy. Federal policy makers have attempted to encourage college attendance and degree attainment through financial aid provided to students. However, this aid has generally been unsuccessful in raising degree attainment rates, which remain quite low and have not risen for the past 20 years.…

This comparative study modifies Cabrera and La Nasa's model to examine social and class stratification in students' college-choice outcomes in the USA and Taiwan, and compares the mechanisms that perpetuate this stratification between the two systems. Students' college-choice outcomes are defined by both institutional selectivity and control, in…

With student loan debt reaching approximately $1.5 trillion, many are concerned that student loans may be the next financial bubble to burst. They cite students with loans of more than $100,000 and ballooning loan default rates. They contend that borrowing for higher education may not be worth the financial risks. Some even argue that students…

Small private, liberal arts colleges in the Midwest are under intense pressure to increase enrollments as competition for students intensifies. Consequently, these institutions have begun to adjust their enrollment management strategies to remain competitive. On average, these schools are discounting freshman tuition by 50 percent, enticing…

This article examines the current literature and state legislation of statewide "free tuition" promise programs. The purpose of this paper was to analyze state free community college programs, legislation, scholarly literature, and state websites to understand program structures, funding sources, and student-eligibility requirements. The…

This memo estimates the cost of two possible program designs for a statewide college scholarship program for the State of Illinois. These assumptions and associated cost estimates, once approved or revised, will form the basis for the next stage of this project, which is assessing the economic impact of tuition-free college in Illinois. [This…

"Student Debt and the Class of 2019" is The Institute for College Access & Success' (TICAS') fifteenth annual report on the student loan debt of recent graduates from four-year colleges, documenting changes and variation in student debt across states and colleges. This report includes federal policy recommendations to reduce debt…

The Tuition and Fee Report is produced annually by the Colorado Department of Higher Education to provide detailed information on the tuition and fee rates at Colorado's public institutions, as well as to give context regarding the state funding environment in which tuition and fee rate-setting occurs. From Fiscal Year (FY) 2018-19 to FY 2019-20,…