In 2010, Congress reauthorized the Post-9/11 GI Bill by changing reimbursement rates from by-state maximums to a nationwide limit. This policy created exogenous variation in financial aid for veterans at private universities. We detect changes in tuition only for for-profit colleges, where we estimate a 1 percent pass-through rate. This response…

The Pell Grant is targeted to students with the greatest financial need, and many policymakers find the Pell Grant a useful policy lever for promoting access and success for students from lower- and moderate-income backgrounds. There are several examples where policymakers use Pell eligibility to allocate resources and hold colleges accountable…

In this follow-up to our 2021 report, we again focus on the world of charter schools run for profit, a world both hidden and misunderstood. We focus on how for-profit operators expanded their reach and enrollment during the Pandemic years so that one in every five charter school students attends a school controlled by a for-profit corporation. We…

The 2020 Democratic Party platform promises a ban on all federal funding for for-profit charter schools, explaining that "education is a public good and should not be saddled with a private profit motive." A look at Academica, a large U.S.-based education service, and their response to the COVID-19 crisis might temper some of that…

This Data Point uses data from the 2016/17 Baccalaureate and Beyond Longitudinal Study (B&B:16/17). The study is a national survey of students who earned a bachelor's degree during the 2015-16 academic year. Students are surveyed at different time points to study change. The second collection was done in 2017, about 1 year after respondents…

For decades, the federal government has expected vocationally focused programs in higher education, especially among for-profit colleges, to lead to gainful employment in a profession. In the mid-2010s, the U.S. Department of Education developed gainful employment (GE) regulations that sought to tie a program's federal financial aid eligibility to…

Efforts are underway by the Senate education committee to reauthorize the Higher Education Act. Lawmakers are focused on establishing a state-federal partnership program to increase investments in higher education, providing more information to students and their families so they can make informed choices about where to go to college, and…

Federal Work-Study (FWS) funding provides opportunities for campus-based employment to students as a way to pay for their college expenses. This issue of "DataPoints" finds community colleges receive only 18 percent of Federal Work-Study funds from the $1 billion appropriated to the program.

Each year, the U.S. Department of Education assigns all private nonprofit and for-profit colleges receiving federal financial aid dollars a financial responsibility score, which is designed to reflect an institution's overall financial stability. Yet no scholarly literature has examined financial responsibility scores or whether colleges respond…

Deregulation of for-profit colleges led to a precipitous rise in enrollments from 1990 to 2010. Since 2010, regulation, investigations, and sanctions have led to enrollment declines in for-profit postsecondary institutions. Initially barred from receiving Title IV federal funds, in the form of Pell Grants and Stafford Loans, for-profit colleges…

Between the 2008-09 and 2016-17 school years, over 300 degree-granting higher education institutions in the United States have closed their doors. An overwhelming majority of these recently closed institutions are for-profit colleges, which often serve a population of disproportionately low-income students receiving Pell Grants and federal loans.…

States and the federal government have long provided substantial financial support for higher education, but in recent years, their respective levels of contribution have shifted significantly. Given the essential role that government funding plays in higher education access and operations, policymakers across the nation frequently face difficult…

This report is the fourth in a series examining the troubled history of for-profit higher education, from the problems that plagued the post-World War II GI Bill to the reform efforts undertaken by the George H. W. Bush administration. The abuses by trade schools and the resulting student loan defaults that plagued the industry during the Reagan…

The student loan crisis has become a buzz topic that presidential candidates frequently discuss in debates and town halls. Today, accumulated student loan debt equals $1.6 trillion, exceeding total accumulated car loans and credit card debt. What makes this a crisis is the fact that approximately 22 percent of student loan borrowers default on…

State policy leaders have an opportunity to take leadership in protecting students--and especially student veterans--from being targeted by predatory colleges. Given failings by the federal government to police for-profit colleges and to ensure basic rights for students to attend college without being defrauded, it now falls to the states to step…