With student loan debt reaching approximately $1.6 trillion, many are concerned that student loans may be the next financial bubble to burst. CARES Act funding and U.S. Department of Education actions led to historically low levels of delinquency in 2020-2021. However, there is concern that issues will balloon as soon as governmental action and…

Congress has legislation before it to increase the maximum Pell Grant by $550 for low-income students. But students would not be allowed to use the extra Pell dollars at for-profit colleges and universities. This has the for-profit higher education industry claiming discrimination against them in their lobbying campaign insisting that any federal…

A diverse teacher workforce has the potential to improve outcomes for all students, and especially for students of color. North Carolina has recognized the importance of increasing diversity in the workforce and despite national and local efforts from school districts and policy makers, the teaching workforce has remained largely white and female,…

Non-traditional students disproportionately enroll in institutions with weaker graduation and earnings outcomes. One hypothesis is that these students would have made different choices had they been provided with better information or supports during the decision-making process. We conducted a large-scale, multi-arm field experiment with the U.S.…

By applying a regression discontinuity design to national data of students at four-year colleges, this study identifies the substitution effects of exogenously received increases of grant aid on hours of paid labor, earnings, and borrowing while in college. Results confirm students substitute grant aid for both paid labor and borrowing. An average…

Student loan debt in the United States is $1.6 trillion and rising. The public debate concerning the human capital value vs. the social capital value of higher education has been shifting toward the former and away from the latter standpoint in recent years. I observe how the current system of Federal student loans is proving inadequate for a…

In February 2020, the Congressional Budget Office released a report on the budgetary effects of student loans repaid through income-driven plans. This paper provides additional information on the analysis the agency conducted on the characteristics of borrowers in those plans and the methods the agency used to project borrowers' earnings,…

Trades foundation programs, which usually offer training in both classrooms and shop settings, are designed to give students the key skills and knowledge needed for entry into a particular trade. Most foundation programs link to apprenticeship and can provide credit for the first level of technical training and for some of the work-based training…

For people across the United States, student loan debt is a growing portion of the household balance sheet. More than 40 million Americans have outstanding student loan balances. The burden of student loan debt is causing undue harm to the financial security of individuals and households across the US, with disproportionate impacts on both low-…

This guide is intended for college financial aid administrators and counselors who help students begin the aid process--filing the Free Application for Federal Student Aid (FAFSA®) form, verifying information, and making corrections and other changes to the information reported on the FAFSA. The Federal Student Aid Handbook consists of the…

Though Latinos are enrolling in postsecondary programs in record numbers, they still complete college at rates lower than their White counterparts. Not only are Latinos facing a widening college completion gap, but also a global pandemic that has led Latino college-goers to reconsider returning to school.

For 20 years, "Excelencia" in Education has led the way through innovative, collaborative, and actionable efforts to accelerate Latino student success in higher education throughout the United States. "Excelencia" is nationally recognized for leveraging data to conduct research with a Latino lens, reshaping the understanding of…

In both the stacks of research compiled by education think tanks and in the conversations had around the dining room table by families of aspiring college students, one stumbling block to college enrollment predictably crops up--financial aid. The topics range from avoiding endless, crushing debt to options for part-time jobs. But often the focus…

Student debt cancellation must be a federal priority for the new administration. As the devastating health and economic toll of the COVID-19 pandemic deepens, millions of student borrowers are held back by high levels of debt on top of job losses and the struggle to cover their basic needs. The pause on payments is only a temporary fix. Since…

Two studies were conducted to better understand the association between higher education and adult success from the perspective of young adult student loan borrowers five years after graduating. Data for both studies were drawn from the Arizona Pathways to Life Success (APLUS) project. This sample borrowed during a period of changing economic…