Each year, the National Association of State Student Grant and Aid Programs (NASSGAP) completes a survey regarding state-funded expenditures for postsecondary student financial aid. This report provides data regarding state-funded expenditures for student financial aid and illustrates the extent of efforts made by the states to assist…

Students increasingly borrow money to attend postsecondary education. Yet, little attention in the literature has been paid to the repayment of student loans, aside from failure indicators like default. This study examines a nationally representative sample of bachelor's degree recipients and the time it takes to reach different repayment…

"Two sides of the same coin? Brexit and student demand" (HEPI Policy Note 15) contrasts two sources of information: (1) the best available economic modelling, which forecasts a sharp drop in the number of students from other EU countries after Brexit, due to the ending of their loan entitlement and the imposition of higher (uncapped)…

U.S. student debt now exceeds $1.6 trillion, and default rates are higher than for any other type of household debt. Yet even as many students struggle to make their monthly payments, few take advantage of a federal program that would make them more affordable. A variety of income-driven repayment (IDR) plans allow borrowers to pay a fixed…

There is a lot to consider when thinking about college or career school. One of those considerations should be how to plan to fund the education. Chances are that students will need to rely on student loans (money that is borrowed and payed back with interest) to help pay for at least part of the education. Direct Loans (loans made by the federal…

National Association of Student Financial Aid Administrators' (NASFAA's) National Student Aid Profile is an annual publication designed to give a high-level overview of the federal student financial aid programs that provide funding to millions of students each year. This profile includes an overview of: (1) The Federal Pell Grant Program; (2) The…

National Association of Student Financial Aid Administrators' (NASFAA's) National Student Aid Profile is an annual publication designed to give a high-level overview of the federal student financial aid programs that provide funding to millions of students each year. This profile includes an overview of: (1) The Federal Pell Grant Program; (2) The…

With enrollments rising in recent years, more than half of all graduate level students in US institutions take on educational loans. Using data from the National Postsecondary Student Aid Study (NPSAS), this study examined educational debt for graduate and professional students in 2000 and 2016 and explored whether significant predictors of debt…

More than a million federal student loan borrowers default each year, and the U.S. Department of Education reports that as of June 2020, roughly 1 in 5 borrowers with federal student loans was in default. Since that time, the coronavirus pandemic and related economic downturn have continued to take a significant toll on households and businesses…

This hearing of the Committee on Health, Education, Labor, and Pensions examines reauthorizing the Higher Education Act, focusing on strengthening accountability to protect students and taxpayers. Opening statements were presented by: (1) Honorable Lamar Alexander, Chairman, Committee on Health, Education, Labor, and Pensions; and (2) Honorable…

The skyrocketing cost of college has forced more students to borrow money to obtain a degree. Women take on greater debt than men to start, but when women graduate, loan payments collide with the gender pay gap. The compounding effect puts a tight squeeze on women's budgets. This growing crisis requires two responses: helping those who have…

This study examined the effect of student loan debt on alumni's willingness and ability to donate to their alma mater, including other identity-based motivating factors associated with an alumnus' decision whether or not to donate. Participants of this study were recent (2015-2020) graduates of a doctoral program in the healthcare field in the…

This study examined the effect of student loan debt on alumni's willingness and ability to donate to their alma mater, including other identity-based motivating factors associated with an alumnus' decision whether or not to donate. Participants of this study were recent (2015-2020) graduates of a doctoral program in the healthcare field in the…

This study examines how primary funding sources during doctoral program including loans, RAships, TAships, fellowships, and personal/family support, are associated with career outcomes among STEM doctoral graduates. Using the 2013 Survey of Earned Doctorates (SED) data commissioned by the NSF, we conducted a series of logistic and multinomial…

Title IV of the Higher Education Act of 1965 (HEA; P.L. 89-329, as amended) authorizes the primary sources of federal aid to support postsecondary education students. Title IV programs made over $118 billion in aid available to postsecondary students in FY2020 through Direct Loans and other forms of aid, including $27 billion in Pell Grants. The…