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Baum, Sandy; Holzer, Harry; Luetmer, Grace – Urban Institute, 2020
The federal student aid system has emerged as the primary source of funding for students pursuing a wide range of subbaccalaureate credentials. But the eligibility rules for federal student aid, offered under Title IV of the Higher Education Act, require a minimum program length of 600 hours for Pell grants, despite little evidence showing that…
Descriptors: Federal Aid, Postsecondary Education, Certification, Student Financial Aid
Baum, Sandy – Midwestern Higher Education Compact, 2020
The widespread notion of a general student debt "crisis" creates an exaggerated image of the problems associated with borrowing for college and diverts attention from the serious difficulties some students and former students face. A disproportionate amount of attention goes to the $1.5 trillion dollars in outstanding student debt.…
Descriptors: Debt (Financial), Student Loan Programs, Geographic Regions, Institutional Characteristics