This report highlights higher education's early return on investment for the Kentucky high school class of 2011. It follows 43,655 students who graduated from a Kentucky high school in 2011 to 2019, the most recent year of data available. Following a note from the president of the Kentucky Council on Postsecondary Education and an executive…

During the COVID-19 pandemic, undergraduate enrollment dropped by nearly 10%. Yet those who are attending college are still shouldering a hefty financial burden. This issue brief examines a survey of 1,521 women in New York City to learn more about their experiences with student loan debt during the pandemic. The results indicate glaring…

"A Dream Defaulted" explores how the student loan crisis disproportionately affects Black borrowers and why rising student debt is both a cause and consequence of social inequality in the United States. Authors Jason N. Houle and Fenaba R. Addo offer a deft analysis of the growing financial crisis in education, examining its sources and…

Between 1965 and 2010, most federal student loans were issued by private lending institutions and guaranteed by the government, and most student loan borrowers made fixed monthly payments over a set period--typically 10 years. Since 2010, however, all federal student loans have been issued directly by the federal government, and borrowers have…

This paper measures the effects of undergraduate student loan debt on graduates' post-college outcomes: employment, additional enrollment, family formation, home ownership, and net worth. The analysis uses data from a nationally representative sample of 2007-08 bachelor's degree recipients. Because a graduate's debt burden is not randomly…

With one million defaults on student loans every year, and $1.6 trillion in outstanding student debt, it's clear the US is in desperate need of innovative funding models in higher education. Income Share Agreements, or ISAs, stand to provide a promising alternative to high-risk student loans, as they better align the interests of students,…

This brief reviews the details of major proposals from policy makers and policy organizations to streamline and reform income-driven repayment of federal student loans. The brief identifies encouraging consensus on a number of important details, as well as some areas of remaining divergence.

The Teacher Education Assistance for College and Higher Education (TEACH) Grant Program was authorized by the College Cost Reduction and Access Act (CCRAA), which was enacted on September 27, 2007. Pub. L. No. 110-84. The CCRAA requires the U.S. Department of Education (Department) to submit this biennial report to Congress on the TEACH grant…

Most, but not all school psychology internships in the United States include an intern stipend (Prus et al., 2014). Such financial support for this stage of graduate preparation is critical, especially considering the increasing loan debt incurred by graduate students and imitations in earning power (i.e., opportunity cost) during what is usually…

This study examined predictors of three measures of financial well-being in 354 college students. Results suggest that perceptions of debt are important in understanding financial well-being, but these perceptions need to be considered alongside of individual differences in anxiety, optimism, and parental teaching. Further, regression analyses…

Universities can help level up by boosting earnings, transforming towns and delivering vocational and technical education. They fulfil the aspirations of many young people. In this paper, David Willetts explores how to boost participation in higher education while cutting public spending. He argues it is reasonable to expect graduates to pay for…

Federal Student Aid, an office of the U.S. Department of Education, ensures that all eligible Americans benefit from federal financial assistance--grants, loans, and work-study programs for education beyond high school. By championing the promise of postsecondary education, the office upholds its value as a force for greater inclusion in American…

This document records testimony from a hearing before the Subcommittee on Early Childhood, Elementary, and Secondary Education that was held to examine the impact of COVID-19 on the future of higher education. Member statements were presented by: (1) Honorable Susan A. Davis, Chairwoman, Subcommittee on Higher Education and Workforce Investment;…

Nebraska Revised Statute § 85-1416(2)(c) requires the Coordinating Commission for Postsecondary Education (CCPE) to prepare biennially the "Tuition, Fees, and College Affordability Report." College affordability is an important component of the Commission's "Comprehensive Statewide Plan for Postsecondary Education," which…

The development of cost-efficient pathways is a topic of increasing political and scholarly interest across many North American jurisdictions. It has been suggested that 'seamless' transfer pathways can provide financial savings to both students and taxpayers. However, such claims are typically based on hypothetical cost calculations, as opposed…