This article reports that if there's a silver lining in the dark cloud hanging over campus budgets, it may be that colleges' investment losses could ease Congress's demands for mandatory endowment payouts, at least in the short term. In part that's because colleges tend to spend greater portions of their assets when endowments dip, even if overall…

As he begins retirement this month after 40 years of federal service, the Education Department's departing inspector general, John P. Higgins Jr., sees one area that stands out for its susceptibility to costly waste and abuse. That area, Higgins said in an interview as he finished packing up his office, is student lending. Unless Congress greatly…

College prices rose only slightly faster than inflation for the 2008-2009 academic year, but that may say more about the American economy's steeper prices for everything than it does about college costs. Tuition and fees rose between 4.5 percent and 6.5 percent for various types of institutions, similar to previous years, but a 5.6-percent…

Lawmakers have been putting increasing pressure on private colleges to spend more of their endowments on student aid. Just a few weeks ago, members of the U.S. Senate Finance Committee sent letters to dozens of institutions with endowments of at least $500-million, demanding detailed information about how they manage those endowments, how much…

Last April, as part of a $2-million settlement with New York's attorney general, the nation's largest student-loan company, Sallie Mae, agreed to stop providing staff members for colleges' financial-aid offices and call centers at no cost to the institutions. But one year later, Sallie Mae still plays host to the entire online presence for the…

Growing concerns about low awareness and take-up rates for government support programs like college financial aid have spurred calls to simplify the application process and enhance visibility. This project examines the effects of two experimental treatments designed to test of the importance of simplification and information using a random…

Academic achievement in higher education is an important current policy issue because institutions are under public pressure to justify state subsidies and rising tuitions with demonstrable gains in student learning. This article uses data from three flagship public universities to examine the effects of financial aid on first-through fourth-year…

In England, part-time students have to pay their fees up-front, they can't take out a government-supported loan, and their chances of securing any financial support are depressingly slim. While all full-time students are entitled to some state support, Parliamentary questions have revealed that nine out of 10 part-time students receive nothing at…

Although several studies have examined the extent to which tuition influences college enrollment at the undergraduate level (e.g., Heller, 1999; Kane, 1995, 1999), there is no known research that examines how changes in financial aspects of state higher education policy affect the production of postsecondary degrees. Using state-level data…

The college financial aid system imposes an implicit asset tax that is prevalent and substantial. Facing this tax, rational families should reduce their total assets and shelter assets in protected categories. I find that the tax induces a 7-12% reduction in total assets, a result in line with the literature. Furthermore, I find evidence that…

In New Haven, stakeholders looking to enhance the city's economic development, attract more residents, reduce crime and incarceration, and improve residents' quality of life embarked on a new scholarship program that seeks to build a college-going culture for local students and the community as an avenue to achieve these goals. Recognizing that…

The Advisory Committee was created by Congress in the "Higher Education Amendments of 1986" to be an independent and nonpartisan source of knowledge, advice, and counsel to Congress and the Secretary of Education on federal, state, and institutional postsecondary student assistance. One of the most important analytical directives in the…

This study examined the relationship of community college programs and services to retention of students in four community colleges, with an emphasis on determining whether outcomes vary for students in occupational programs and how student characteristics moderate these effects, with the goal of determining what is correlated with success.…

This "Academic Year Report 2012-13" provides a snapshot of funding, facilities, staffing, and enrollments in community and technical colleges in Washington state for the past academic year. The report also describes key measures of student outcomes and addresses the most frequently asked questions related to expenditures, personnel and…

"Trends in Student Aid," an annual College Board publication since 1983, is a compendium of detailed, up-to-date information on the funding that is available to help students pay for college. This report sorts aid into grants, loans, tax benefits, and Federal Work-Study assistance. It documents funding from federal and state governments,…