State governments serve an important quality assurance role by certifying that postsecondary institutions are legitimate entities with the capacity to offer valid credentials to students. In recent years, precipitous and high-profile campus closures, predatory and manipulative student recruitment tactics, rising student loan debt burdens, and…

This report contains the testimony of Preston Cooper, a senior fellow focusing on the economics of higher education at the American Enterprise Institute (AEI), to the House Committee on Appropriations Subcommittee on Labor, Health and Human Services, Education, and Related Agencies concerning the federal role in postsecondary education, and the…

This paper studies families' capacity to pay for college in the United States, focusing on changes over time and differences by race and socioeconomic status. I use data from the National Postsecondary Student Aid Study (NPSAS) to document changes over time in the Expected Family Contribution (EFC) from the Free Application for Federal Student Aid…

The gainful employment (GE) rule aims to hold career-focused training programs accountable for student outcomes. The rule includes an earnings threshold that requires programs to result in graduates' earnings being at least as high as earnings of a typical high school graduate in their state. The GE rule's focus on postcompletion earnings does not…

The Code of Virginia directs the State Council of Higher Education for Virginia (SCHEV) to submit an annual report to the House Committees on Labor, and Commerce and Education, and the Senate Committees on Commerce and Labor, and Education and Health on the implementation and overall effectiveness of the Office of the Qualified Education Loan…

As college tuition rises nationwide, policy efforts to reduce these costs are increasingly focused at the 2-year level. However, it is not fully known whether increased access to college increases degree attainment. Compared to observationally equivalent peers who enroll in 4-year institutions, 2-year enrollees may face a decreased likelihood of…

Pew Research Center conducted this study to better understand public views on the importance of a four-year college degree. The study also explores key trends in the economic outcomes of young adults among those who have and have not completed a four-year college degree. The analysis in this report is based on three data sources. The labor force,…

The K-12 teacher workforce is relatively large--each year, nearly 4 million teachers are employed in U.S. elementary and secondary schools. Turnover in these schools is high relative to earlier periods--16% of teachers left their school in the 2021-2022 academic year. In addition, there is evidence that teacher quality standards have been lowered…

The new Lifelong Loan Entitlement (LLE), due to start in 2025, is a major and positive improvement to how the student support system in England enables lifelong participation in higher education. It also has the prospect of commanding cross-party support, at least in broad design if not in the detail. However, in this timely Policy Note, Rose…

Although student loan debt has been rigorously studied over the past several decades, scant research has investigated how institutions of higher education communicate debt to current and former student borrowers. As COVID-19 forced the United States Department of Education to cancel the Annual Student Loan Acknowledgement as part of a student's…

Approximately 43 million Americans collectively owe $1.5 trillion in federal student loan debt, but students aren't the only ones drowning in student debt. Increasingly, parents, particularly Black parents, are taking out Parent PLUS (Parent Loans for Undergraduate Students) loans and putting off retirement to help their children pay for college.…

We used Critical Discourse Analysis to examine the racial discourse within recent attempts to reauthorize the Higher Education Act. Specifically, we interrogated congressional markup hearings to understand how members frame student debt and the racialized dynamics embedded within. Our findings highlight three types of discourse: "All…

Student borrowing is a major higher education public policy issue, with students in both England and the United States increasingly relying on loans to finance postsecondary education. Our paper examines prospective higher education students' attitudes towards debt in England and the United States. It exploits a unique dataset which allows us to…

Purpose: Despite the introduction of structural reforms to the students' loan scheme (SLS) in Ghana's higher education sector, patronage is still low. This paper aims to examine the complexity of technological and behavioural factors underpinning the low rate of students' loan adoption in Ghana. It further contributes to the body of knowledge by…

About half of the more than $1 trillion in outstanding federal student Direct Loans are being repaid by borrowers using IDR plans. Some borrowers in IDR plans are now potentially eligible for forgiveness of their remaining loan balances after 20 or 25 years of payments. GAO was asked to review IDR forgiveness. This report examines: (1) how many…