While Minnesota undergraduates are more likely to take out student loans, they are substantially less likely than their peers nationally to default on federal student loans. Fifty-four percent of Minnesota undergraduates took out student loans in 2007-2008, compared to 39 percent of undergraduates across the U.S. Minnesota undergraduates were also…

Loan borrowing among community college students has increased in recent years. This study utilized original survey data to examine this trend from the perspective and firsthand experiences of 107 community college financial aid counselors from three states: California, Florida, and Texas. Findings indicate these counselors are concerned with the…

This Statistics in Brief focuses on students who do not complete a postsecondary credential and the substantial federal education debt they accrue. Specifically, the analysis compares the cumulative debt from Stafford and Perkins loan programs of students who did not complete a degree within 6 years of first enrolling ("noncompleters")…

West Virginia's three state-funded medical schools enroll more medical students per capita than any other state in the country. Due to its large number of medical student slots, the state typically is able to offer all qualified West Virginians the opportunity to complete their medical education in the state. In the academic year 2017-2018, 41…

Student loan default, defined as federal loan borrowers' failure to make any payments for at least 270 days, is an issue of increasing importance to community colleges and their students. This report takes a unique look at student loan default at nine community colleges across the nation, and how those colleges are working to help students avoid…

This is the fourth report in the Sallie Mae series "How America Saves for College," which launched in 2009. To understand how American families are planning for their children's education, the study captures data on parents' decision-making about savings, the use of savings vehicles, and the amount they save, as well as attitudes toward…

Internet search histories reveal much about the collective concerns and interests of the population. Researchers have demonstrated that searches for terms such as "flu symptoms" predict the onset and prevalence of flu in given geographical areas. Can such an analysis be applied fruitfully to data on searches related to higher education issues? One…

This year's "Tennessee Higher Education Fact Book" consists of four sections and an appendix of additional resources and terminology. The four main sections of the report provide data on Student Participation, Student Success, Academic and Fiscal Trends, and Outcomes-Based Funding. Relative to the previous Fact Book, Quality Assurance…

A college degree is often the key to jumpstarting a career. And data from the U.S. Bureau of Labor Statistics (BLS) consistently show that workers who have a college degree earn more than workers who don't. Not surprisingly, a college education is increasingly popular. For example, according to the U.S. Department of Education National Center for…

From 2001-2002 to 2011-2012, the total amount of federal financial aid awarded to students under Title IV of the Higher Education Act (HEA) jumped from $72.3 billion to an estimated $173.8 billion, a 10-year increase of 140 percent. For 2011-2012, the Title IV programs accounted for 71 percent of the $245 billion in total financial aid received by…

The Office of Inspector General (OIG) works to promote efficiency, effectiveness, and integrity in the programs and operations of the U.S. Department of Education (Department). Through OIG's audits, inspections, investigations, and other reviews, they continue to identify areas of concern within the Department's programs and operations and…

"A Closer Look at the Trillion: Borrowing, Repayment and Default at Iowa's Community Colleges," takes an unprecedented look at community college student borrowing and repayment behavior. The report uses data from all 16 community colleges in Iowa to examine the characteristics of borrowers and defaulters to help colleges and policymakers…

We review studies of the impact of credit constraints on the accumulation of human capital. Evidence suggests that credit constraints are increasingly important for schooling and other aspects of households' behavior. We highlight the importance of early childhood investments, since their response largely determines the impact of credit…

The article analyzes effects of borrower interest rates and student lender subsidies on federally guaranteed student loan volumes from 1988 to 1994 and from 1996 to 2006. Some have argued that lender subsidy cuts would reduce loan supply or cause lenders to exit the student loan market. If lenders get economic rents due to overly generous…

Colleges, universities, and the communities they serve have always been concerned about students' abilities to pay and the systems of aid to support students' learning. This article reviews the history of aiding student in higher education. Early student- and institutionally-led programs are discussed along with initial philanthropic and…