Numerous eligible German students do not apply for heavily subsidized student aid (BAföG). Our theoretical model shows how imperfect information, risk aversion, debt aversion, and student income can incentivize rational students to abstain from an application. We use GSOEP data from 2001 to 2013 to simulate BAföG eligibility and find that in…

Over the last three decades, the Direct Loan program has grown in size and complexity, with almost $1.4 trillion in outstanding federal student loans. The Direct Loan program provides financial assistance to students and their parents to help pay for postsecondary education. The US Government Accountability Office (GAO) was asked to review changes…

Outstanding federal student loan debt exceeds $1.6 trillion and is owed by approximately 45 million borrowers. Thus, a policy to broadly cancel federal student loan debt would directly apply to a discrete segment of the U.S. population. Cancelling some amount of federal student loan debt would alleviate loan repayment burdens for qualifying…

This study examined Latinx and undocumented students' tuition assignment and financial aid packages at public colleges and universities across the United States of America. Descriptive non-experimental research design was used to test nine sets of hypotheses to answer three research questions on: the relationship between college tuition assignment…

This basic qualitative study investigated adult learners aged 35 and older and their experiences with situational, dispositional, and institutional barriers while enrolled in a Midwestern community college. Although numerous studies have examined adult learners in higher education, the purpose of this study was to investigate barriers adult…

Understanding the link between financial aid and college attainment is particularly important for the Federal Pell Grant program, the nation's largest financial aid program. Many studies have shown that the Pell Grant program increases retention, persistence, and graduation rates for undergraduate students (Castleman & Long, 2016; Evans &…

In this report, the National Association of Student Financial Aid Administrators (NASFAA) seeks to fill the gaps in the conversation by providing thoughtful, systemic, and targeted policy solutions to address underlying flaws in the student loan repayment and servicing systems that lead borrowers into financial hardship. The report outlines…

Obtaining a college degree has long been considered the key to achieving the American Dream, yet for many it has become increasingly difficult to afford college, as funding for federal financial aid has failed to keep pace with rising tuition costs. Prior research in this area has relied heavily on quantitative data analysis, with limited access…

The practice of enrollment management at America's colleges and universities is central to prominent discussions taking place in the public arena about the cost of higher education, the value of a degree, and the role of student loans as tools to finance a college education. While research has explored many variables within the context of using…

The admission process for many postsecondary institutions was not fundamentally designed to promote equity. It was especially not designed to put students' needs at the center of the process, let alone to give them decision-making power in institutional policies and practices. However, the year 2020--punctuated by a racial reckoning and global…

Quality non-degree credentials can lead to good jobs and family-sustaining wages. But not all non-degree credentials lead to good outcomes -- and when they don't, they entrench economic inequalities that impact people of color and women. National Skills Coalition's new report "The Non-Degree Credential Quality Imperative" encourages…

Purpose: The purpose of this study is to understand the differences in motivations, advantages, disadvantages and time of multiple-major awareness among students who pursue multiple majors based on a set of defined characteristics. The student characteristics of interest included race, gender, financial aid status, class standing, transfer status,…

Given growing awareness of the high prevalence of food insecurity among college students, higher education leaders are implementing various food interventions on their campuses. However, there is little research on the efficacy and impact of these initiatives. Using data from a field randomized control trial, we find that a relatively modest…

Higher education is increasingly expensive, and access disparities by race and social class exist. Yet, we lack nuance in the scholarly literature about students' understandings of how they finance their college education. We examine how class-based differences influence how students finance college education. We draw on concepts from economic…

This qualitative study applied the concept of Institutional Neglect to a higher education setting and explored how federal Satisfactory Academic Progress (SAP) requirements, along with the implementation choices at a public university, facilitated Institutional Neglect for financial aid dependent students, especially Students of Color. This study…