Many college students struggle to make ends meet while enrolled and sometimes must turn to a wide variety of safety net resources, including official government programs, borrowing from family, and selling belongings. This brief examines data from 63,751 undergraduate students who responded to Trellis' Fall 2021 Student Financial Wellness Survey…

Black students are more likely to take on debt, borrow higher amounts, and struggle with repayment than their peers, because they generally have fewer resources to pay for college, thanks to the ongoing generational effects of systemic racism. This debt burden has far-reaching financial consequences, and many Black borrowers are unable to afford…

"Casualties of College Debt" uses the latest federal data on delinquency and default to better understand who student loan defaulters are, explores key themes of who defaults and why that emerged across over 20 in-depth conversations with a diverse group of experts, and lifts up the lived experience of default through voices of borrowers…

Established in the 1920s, the Education Policy Center (EPC) is the oldest center or institute at The University of Alabama. Our work centers on four interrelated areas: (a) access and finance of public higher education, (b) college completion, (c) Pell Grants, and (d) rural community colleges. As place-based institutions with service delivery…

This report demonstrates how much low-income students must stretch to pay for college, even after grant aid is taken into account. This report finds that just five of the nation's nearly 1,200 four-year colleges and universities have student bodies that are at least 30 percent low-income and offer low-income students a reasonable chance at a…

The Academic Competitiveness (AC) and National Science and Mathematics Access to Retain Talent (SMART) Grants were established by the Deficit Reduction Act of 2005. The grants provide merit-based financial aid to certain low-income college students eligible for Federal Pell Grants and are administered by the Department of Education (Education).…

After 25 years of federal and state voucher systems in higher education, public colleges and universities find themselves financially shortchanged. Higher education vouchers (direct student aid) were developed to expand educational opportunity, give lower income students more choices, and support private colleges. Voucher systems produce greater…

The interrelationships of state programs and federal student assistance are examined, based on a survey of 50 governors' offices. Attention is directed to: the impact on states and aid recipients of federal funding reductions; the current and longer-run outlook of the state fiscal position; and views of state officials responsible for carrying out…