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…

Making college more affordable for families has been a critical issue for states in the SREB region for many years. Now the negative economic impacts of the COVID-19 pandemic have created additional barriers to college affordability. This brief provides an overview of college affordability in the SREB region based on data from the 2017-2018…

The federal government provides financial assistance to individuals for higher education expenses in two major ways: tax benefits and traditional student aid (loans, grants, and work-study assistance). Since 1997, education tax benefits have become an increasingly important component of federal higher education policy. In 2019 and 2020, 12 tax…

The rising price of attending college has made college affordability an increasingly important policy issue in recent years. In order to make college more affordable for students and their families, states can pursue three possible options. The first option is to provide additional state appropriations to colleges, which allows institutions to…

The recommendations put forth in this paper stemmed from a series of conversations, conducted over the course of 2019, with experts and stakeholders representing a range of perspectives and experiences within higher education and financial aid. The working group explored policy design details in depth and identified core areas of general…

Postsecondary education is one of the largest investments that students and their families make, with average yearly cost of attendance--including tuition, fees, room and board--of just under $17,000 to attend a public institution in the 2015-16 academic year. In the context of increasing college costs, aid dollars have failed to keep pace with…

Since 1997, education tax benefits have become an increasingly important component of federal higher education policy. For the 2019 and 2020 tax years, 12 tax benefits are available for college students and their parents to help pay for higher education. In 2025, absent legislative action, this number will increase to 13: two provisions which are…

The country faces three problems in higher education: increasing costs, increasing student debt, and low completion rates. Although most students receive financial aid, many are left with unmet financial needs and may take on loans or drop out of college as a result. But promising innovations in financial aid could help students pay for college…

In this brief, the authors aim to equip policymakers and advocates for higher education opportunity and equity with a framework for analyzing and pushing for "equity-driven" free college policy. The purpose is not to challenge the momentum around free college, but to understand how programs can be designed to advance opportunity and…

The Federal Pell Grant program, authorized by Title IV-A-1 of the Higher Education Act of 1965, (HEA; P.L. 89-329), as amended, is the single largest source of federal grant aid supporting undergraduate students. The program provided approximately $29 billion in aid to approximately 7.2 million undergraduate students in FY2017. Pell Grants are…

Ohio has a world-class network of public colleges. However, the state lags behind the nation in college attainment. Recognizing that the state must improve these numbers, Ohio policymakers have committed to a goal of 65 percent college attainment by 2025. Despite the state's attainment goal, Ohio does not have a college promise program. The Ohio…

Ohio has a world-class network of public colleges. However, the state lags behind the nation in college attainment. Recognizing that the state must improve these numbers, Ohio policymakers have committed to a goal of 65 percent college attainment by 2025. Despite the state's attainment goal, Ohio does not have a college promise program. The Ohio…

The State of Student Aid and Higher Education in Texas (SOSA) annual report from Trellis Research provides information helpful in informing policy and programs for higher education student financial aid. The report serves as a reference for colleges, universities, and policymakers, and provides a comparison of Texas state and federal student aid…

The "State of Student Aid and Higher Education in Texas" ("SOSA") annual report from Trellis Research provides information helpful in informing policy and programs for higher education student financial aid. The report serves as a reference for colleges, universities, and policymakers, and provides a comparison of Texas state…

The State of Student Aid and Higher Education in Texas (SOSA) annual report from Trellis Research provides information helpful in informing policy and programs for higher education student financial aid. The report serves as a reference for colleges, universities, and policymakers, and provides a comparison of Texas state and federal student aid…