Authored by Dr. Wendy Kilgore and Dr. James Dean Ward, this report delves into the impacts and institutional responses to federal regulations limiting transcript holds for students with unpaid balances. This comprehensive analysis is essential reading for anyone involved in higher education administration. Based on a survey of 326 institutions,…

This report, authored by Dr. Wendy Kilgore, Senior Director of Research at AACRAO, and Dr. James Ward, Principal at Ithaka S+R, provides insights into the impact of state-level transcript hold regulations on higher education institutions and learners. Key findings from the report include: (1) 97% of institutions changed practices or policies after…

This dissertation consists of three chapters that examine topics in the economics of education. Chapter 1 tests the impact of holding student loan debt on borrowers' post-schooling decisions, with a focus on how it changes the way they evaluate risks when choosing between jobs. Chapter 2 analyzes the impact of an expansion of public-school choice…

The College Cost Reduction Act would overhaul the Higher Education Act, making changes to student borrowing and repayment, borrower protections, college oversight, postsecondary data, and more. The bill includes a new proposed risk-sharing model that would require colleges to repay the federal government for a calculated proportion of their…

While the completion of a baccalaureate degree is the gateway to a greater quality of life in areas of employment, health, housing, civic engagement, mortality, and economic wealth, the college experience for Black American students is typically coupled with the accumulation of a disproportionately high amount of student loan debt. While the most…

In a 2019 poll conducted by the opinion and market research company SSRS for The Pew Charitable Trusts, 7 in 10 Americans said that taking out a student loan is a reasonable choice given the benefits of a college degree, but 89 percent also expressed concern about people's ability to repay those debts. Research has provided insight into the…

More than a million federal student loan borrowers default each year, and the U.S. Department of Education reports that as of June 2020, roughly 1 in 5 borrowers with federal student loans was in default. Since that time, the coronavirus pandemic and related economic downturn have continued to take a significant toll on households and businesses…

Stranded credit is credit that students have earned at a postsecondary institution, but cannot use or transfer because they have unpaid debts at the institution. Institutions will usually not issue official transcripts to students with debt, which results in the student being unable to formally document the credits they have acquired. This can…

This document records testimony from a hearing before the Subcommittee on Early Childhood, Elementary, and Secondary Education that was held to examine the impact of COVID-19 on the future of higher education. Member statements were presented by: (1) Honorable Susan A. Davis, Chairwoman, Subcommittee on Higher Education and Workforce Investment;…

Over the past two decades, educational debt has quickly transformed US colleges and universities into spaces of cruel optimism: the higher education that students desire is all too often an obstacle to their flourishing. This study maps the contours of the white, middle-class attachment to the college dream, paying particular attention to the…

As of March 2019, 43 million Americans held student loans provided through federal government programs, the largest segment of the education loan market. But this system is under pressure as more borrowers struggle to repay, a problem compounded by the complexity of the repayment process. Research on the pathways borrowers take through the…

All students--particularly students of color--benefit academically and socially from having teachers who are people of color. However, people of color face systemic barriers to becoming and remaining teachers at multiple points throughout their careers. For example, people of color are more likely than their White peers to incur student debt,…

A growing number of families around the world are relying on student loans to pay for university under recent cost-sharing policies. However, it remains unclear to what extent university costs and the likelihood of needing student loans affect decisions in the early stages of education. This article examines the influence of parents' attitudes…

Former Vice President Joe Biden recently released the Biden Plan for Education beyond High School, which details several policy proposals that would take higher education in the wrong direction. The recommended policies would make higher education costlier and degrees less meaningful--all while pouring billions of dollars into a broken system. The…

The last comprehensive reauthorization of the Higher Education Act (HEA) occurred in 2008, and the law has been overdue for another reauthorization for nearly a decade. The National Association of Student Financial Aid Administrators (NASFAA) has worked on reauthorization for nearly a decade. In this report, NASFAA updates its recommendations to…