The degree to which students are able to make adequate repayments on their student loans and avoid default is of special concern for colleges. If too many former students go into default, the college will face sanctions by the federal government and lose eligibility to provide currently enrolled students federal financial aid, such as the Pell…

Education estimates 430,000 new teachers will be needed by 2020. It administers three programs that may help attract and retain qualified teachers by helping them finance their education. However, little is known about the efficacy of these programs. GAO was asked to examine the TEACH Grant and two loan forgiveness programs. This report examines…

This report provides data regarding state-funded expenditures for student financial aid and illustrates the extent of efforts made by the states to assist postsecondary students. Information in this report is based on academic year 2014-15 data from the 46th Annual National Association of State Student Grant and Aid Programs (NASSGAP) survey. Data…

This "First Look" report presents selected findings about the repayment of federal student loans using data from the 2015 Federal Student Aid Supplements to two Beginning Postsecondary Students Longitudinal Studies (BPS) administered by the National Center for Education Statistics (NCES). The report examines two cohorts of borrowers:…

Over the past decade, the federal government has made substantial efforts to simplify the college-going process and help students to evaluate college choices. These low-cost strategies aimed at improving college access and success by helping students to make informed decisions about college warrant assessment. This study examines the impact of a…

Higher education offers people from all walks of life the opportunity to achieve a more secure future for themselves and their families. The country was built in part on the idea that, with hard work and a good education, any American should be able to climb the ladder of social and economic mobility. The very notion of the American Dream is based…

State policy makers may have assumed that, because for-profit colleges receive up to 90 percent of their funds through the U.S. Department of Education and additional funds for serving military and veteran students, overseeing them is primarily a federal responsibility. But in fact, federal oversight has been demonstrated to be inadequate, and the…

OECD countries differ significantly in the way spending on tertiary education is shared between public and private sources of funding, and in the financial support they provide to students. Striking the right balance between providing sufficient support to institutions and maintaining access and equity is challenging. In countries with more…

In an era of significant disinvestment in public higher education by state governments, many public universities are moving toward a "progressive tuition model" that attempts to invest approximately one-third of tuition income into institutional financial aid for lower-income and middle-class students. The objective is to mitigate the…

Both young and fast-growing, the Latino population in the U.S. is enrolling in higher education in increasing numbers. Over the past decade, the rate of enrollment in higher education for Latinos ages 18 to 24 years old has increased by 15 percentage points, from 24% to 39%. During this same time, the average annual cost of college has more than…

Introduced this year, "How America Pays for Graduate School" is a national study by Sallie Mae, conducted by Ipsos. This new study is designed to complement Sallie Mae's "How America Pays for College" report, which, for the last 10 years, has provided insights into how American families plan and pay for college, with a focus on…

This essay synthesizes the most recent and rigorous research on student loan debt. It focuses on basic questions about who borrows, how much, and whether debt affects behaviors. Answers to these questions are necessary for informing federal student loan policymaking, yet the research findings are surprisingly mixed because of poor data quality,…

Perhaps, education is the most vital public service needed to sustain the socio-economic stability of the individual in the society. However, there is a widespread concern over the rising costs of higher education which threaten every student desiring to enter college and pre-empted them to discontinue their studies. This renders higher education…

The education loan programme since its inception has been rapidly growing both in terms of number of students who have taken education loans for pursuing higher education and the amount of education loans released. Nevertheless, these financing mechanisms of higher education do not appear to improve access and equity in the higher education system…

The cost and the value of higher education, the short- and long-term impact of student debt, the role of career preparation, and accountability for student outcomes are the subject of intense and increasing examination and debate. As challenging as these times may be, it is still imperative to maintain access, be cost effective, be contemporary in…