A postsecondary degree is widely promoted as a great intergenerational economic equalizer for individuals born into disadvantaged economic circumstances. Yet, there is little empirical evidence documenting the extent that this may be true and whether people from all racial and ethnic, and language backgrounds are benefitting equally. We provide a…

Title IV of the Higher Education Act of 1965 (HEA; P.L. 89-329, as amended) authorizes the primary sources of federal aid to support postsecondary education students. Title IV programs made over $118 billion in aid available to postsecondary students in FY2020 through Direct Loans and other forms of aid, including $27 billion in Pell Grants. The…

The Higher Education Act of 1965 (HEA; P.L. 89-329, as amended), authorizes numerous federal aid programs that provide support to both individuals pursuing a postsecondary education and institutions of higher education (IHEs). The FAFSA Simplification Act (FSA; Title VII, Division FF of P.L. 116-260) makes significant changes to the underlying…

The real price of college keeps rising, and it often surprises students and their families.1 People know tuition is expensive. They also usually account for books and supplies, even if they might cost more than expected. Still, they don't always expect or fully understand how the price of housing, food, and transportation factor in. It's not their…

Purpose: This paper investigates the key determinants affecting household spending for university degree in Vietnam. This paper serves as empirical evidence for policymakers to select appropriate factors to estimate financial needs for university students in Vietnam. Design/methodology/approach: We employ an innovative variable selection approach…

Federal Student Aid (FSA) processes more than 17.6 million Free Application for Federal Student Aid (FAFSA) forms each year to help students pay for college and provide students with approximately $120.8 billion in grant, work-study, and loan funds. The FAFSA Simplification Act of 2021 required FSA to overhaul its systems and processes to…

Twenty-two times, state courts have ruled that legislatures are inadequately funding K-12 schools based on constitutional rights to public education. When states implemented court-ordered financing reforms, the poorest school districts increased per-student spending by 11.5% to 12.1%. Those districts then showed increased graduation rates by…

A pivotal recommendation of the Australian Universities Accord is the provision of financial support for students undertaking compulsory placements. The Australian Government has acted swiftly to implement this recommendation, announcing a means-tested Prac Payment scheme for students in nursing, midwifery, teaching and social work degrees.…

In a joint fact sheet, The Institute for College Access & Success (TICAS) and National Student Legal Defense Network (Student Defense) partnered to provide key facts about the National Council for State Authorization Reciprocity Agreements (NC-SARA) and how it can undermine student protections.

The resources that federal financial aid, state financial aid, and federal public benefits programs provide, when they operate effectively, are critical to older students and students with children. This report seeks to shed light on how these programs are functioning by analyzing data and policies across four states--Colorado, Missouri, North…

The purpose of this dissertation was to understand the financial aid personnel's perspective on the impacts of middle-income student loan borrowing. Student loan borrowing is a concern for many due to the current debt reaching extraordinary amounts. This research explored the impacts specifically on middle-income students as opposed to low- or…

The goal of this study is to compare the likelihood of student loan default by students from a Midwest public university amongst a variety of variables. A dataset was acquired from an institution in the Midwest. A logistic regression was run to determine the predictive value of several identifiers on student loan default amongst several race…

Community college baccalaureates (CCBs) provide an affordable pathway to baccalaureate-level education but increasing tuition rates present a potential financial barrier for students. Institutional aid as a cost-constraining mechanism has historically been less utilized in the 2-year sector when compared to traditional 4-year institutions. Yet,…

College attendance has increased significantly over the last few decades, but dropout rates remain high, with fewer than half of all adults ultimately obtaining a postsecondary credential. This project investigates whether one-on-one college coaching improves college attendance and completion outcomes for former low- and middle-income income state…

Federal student loans are an important resource to help millions of individuals pay for higher education. As of March 2024, the Department of Education held $1.5 trillion in outstanding William D. Ford Federal Direct Loans and Federal Family Education Loans for nearly 45 million borrowers. In March 2020, in response to the COVID-19 pandemic,…