Education is a fundamental right, yet access to tertiary education remains a challenge for marginalized communities worldwide. To address this, the Philippine government launched the Expanded Students' Grant-in-Aid Program for Poverty Alleviation (ESGP-PA) in 2013, offering free college education to impoverished but academically inclined students.…

Income-driven repayment (IDR) plans are a subset of student loan repayment plans that cap a borrower's monthly payment at a percentage of their discretionary income, which is defined as a portion of a borrower's adjusted gross income (AGI) that exceeds a specified multiple of the federal poverty line (FPL) for the borrower's family size. A…

About half of the more than $1 trillion in outstanding federal student Direct Loans are being repaid by borrowers using IDR plans. Some borrowers in IDR plans are now potentially eligible for forgiveness of their remaining loan balances after 20 or 25 years of payments. GAO was asked to review IDR forgiveness. This report examines: (1) how many…

The National School Lunch Program (NSLP) is the Nation's second-largest food and nutrition assistance program, providing billions of meals to tens of millions of children and adolescents each year. USDA, Economic Research Service (ERS) periodically reports on NSLP policies and program operations, often after major changes to the program's rules…

Evidence shows that what students study matters as much as, if not more than, where they study. Program-level measures can provide important data on student outcomes, which will allow policymakers to hold institutions and programs that receive federal funding accountable. This fact sheet highlights some of the most frequently discussed measures…

This dissertation consists of two chapters, both of which study the wealth inequality using heterogenous agent general equilibrium model. In particular, the first chapter focuses on a government policy and its implications on wealth inequality. The second chapter incorporates cost to high return assets to generate realistic wealth mobility in the…

The National Association of Student Financial Aid Administrators' (NASFAA) 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 report presents an overview of: (1) The Federal Pell Grant Program; (2)…

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…

Early care and education (ECE) programs can provide a lifetime of benefits to children and families, but a lack of public support leaves these valuable services vulnerable to collapse during economic downturns. The COVID-19 pandemic was a particularly intense emergency for ECE providers: closures due to illness or shelter-in-place ordinances…

Title IV of the Higher Education Act (HEA; P.L. 89-329), as amended, authorizes the primary programs that provide federal financial assistance (e.g., Pell Grants and Direct Loans) to students to assist them in obtaining a postsecondary education at eligible institutions of higher education (IHEs). IHEs seeking to participate in the Title IV…

The Agricultural Act of 2014 authorized $200 million for the development, implementation, and evaluation of pilot projects to test innovative strategies to reduce dependency on and increase employment among Supplemental Nutrition Assistance Program (SNAP) participants. California, Delaware, Georgia, Kansas, Kentucky, Illinois, Mississippi,…

The Agricultural Act of 2014 authorized $200 million for the development, implementation, and evaluation of pilot projects to test innovative strategies to reduce dependency on and increase employment among Supplemental Nutrition Assistance Program (SNAP) participants. California, Delaware, Georgia, Kansas, Kentucky, Illinois, Mississippi,…

The Agricultural Act of 2014 authorized $200 million for the development, implementation, and evaluation of up to 10 pilot projects to test innovative strategies to increase employment and reduce the need for SNAP among program participants. The 10 States that received grants were California, Delaware, Georgia, Kansas, Kentucky, Illinois,…

Many welfare programs give greater benefits to unmarried individuals than to a married couple of otherwise identical income. The resulting marriage penalty discourages marriage and rewards single parenthood. Combined marriage penalties across federal and state welfare programs can reach tens of thousands of dollars per year for a given family. One…