In 2017, the U.S. Department of Education released groundbreaking data showing that half of Black or African American borrowers who first entered college in the 2003-04 academic year defaulted on their student loans within 12 years. New federal data released this fall show that these numbers have not improved: Black or African American borrowers…

This "National Profile" serves as a helpful resource document on the basics of the federal student financial aid programs that provide funding to millions of students each year. This information is more important than ever, as data from the U.S. Department of Education (ED) show that the number of students applying for federal financial…

This report analyzes new data on student debt and repayment, released by the U.S. Department of Education in October 2017. Previously available data have been limited to borrowers only, follow students for a relatively short period (3-5 years) after entering repayment, and had only limited information on student characteristics and experiences.…

More community college students are taking out loans than ever before and their median debt levels are increasing. This trend is disconcerting because community college borrowers are overrepresented among loan defaulters and those who dropout without having earned a degree. While not without criticism, a growing number of community colleges are…

Americans believe in the value of a college education, but worry about its price. Recent surveys show large majorities affirming the importance of postsecondary education, but characterizing it as too expensive and sometimes financially out of reach. This Statistics in Brief describes three measures of the price of undergraduate education in the…

Next fall, students at Purdue University may have a new way to pay their tuition: income share agreements (ISAs). ISAs are an alternative form of higher education financing in which students pledge a fixed percentage of future earnings in exchange for money to pay for college. ISAs present a new challenge to the nation's colleges and universities,…

U.S. citizens or permanent residents, enrolled at least half time in a qualified program at a participating school, not in default on a prior federal student loan, and not previously convicted of a drug offense while receiving federal financial aid are eligible to apply for a student loan. This chart summarizes the interest rates, loan limits, and…

Information from the BC Diploma, Associate Degree, and Certificate Student Outcomes (DACSO) Survey can be used to look at the impact of increasing post-secondary education costs on student borrowing and the use of other funding sources. For many years, the DACSO Survey has been asking former students about how they paid for their studies: what…

The purpose for this research is to investigate the spending patterns of undergraduate and graduate students in a Tennessee, four-year, public institution. The cost of attending a college or university is often cited as the source for student loan debt spiraling out of control. Not to marginalize the impact that increasing tuition, fees, and books…

Working for pay is the reality for many undergraduate students. Higher rates and intensity of employment among students from underserved backgrounds and those attending under-resourced institutions suggest employment during college reinforces inequity in higher education opportunity and outcomes. Compared with higher-income students, students from…

While there are many educational and experiential benefits to attending professional higher arts education programs, students who incur excessive student loan debt during their studies may experience unanticipated or poor professional outcomes either over the course of their artistic careers, shortly after the expiration of a loan grace period, or…

Each year, the National Association of State Student Grant and Aid Programs completes a survey regarding state-funded expenditures for postsecondary student financial aid. This report, the 47th annual survey, represents data from academic year 2015-16, offering data regarding state-funded expenditures for student financial aid and illustrating the…

This quantitative, nonexperimental, expo-facto study examined the relationship of student risk factors and completion or noncompletion of degrees and certificates for first time students who took out loans to pay for college in the fall of 2011 at three rural community colleges, comprising all community colleges in a rural state. Archival student…

Over the previous two decades, state lawmakers have made two fundamental changes to how they finance their public universities. They have shifted more of the costs of higher education to students and their families through higher tuition rates; and created new grant programs that are not solely based on financial need but require prior…

In 2004 and 2005, the Pell Institute for the Study of Opportunity in Higher Education (Pell Institute), sponsored by the Council for Opportunity in Education (COE), published two editions of "Indicators of Opportunity in Higher Education." In 2015, the commitment to documenting trends in higher education equity was renewed by publishing…