This dissertation consists of two chapters, both of which study the wealth inequality using heterogenous agent general equilibrium model. In particular, the first chapter focuses on a government policy and its implications on wealth inequality. The second chapter incorporates cost to high return assets to generate realistic wealth mobility in the…

The 101 Historically Black Colleges and Universities (HBCUs) play an important role in higher education and in their local and regional economies. Among African Americans who obtained a doctorate in science, technology, engineering, or mathematics in 2005-2010, more than one-third earned their undergraduate degrees from an HBCU. The Government…

The federal role in higher education has grown over the past two decades, and now a new administration has the opportunity to strengthen policies that support students and their colleges and universities. To help inform these decisions, the Urban Institute convened a bipartisan group of scholars and policy advisers to write a series of memos…

Historically Black Colleges and Universities (HBCUs) play an important and unique role in the higher education system and in their local and regional economies. Small Business Administration (SBA) works with many colleges and universities to provide entrepreneurial training and counseling on campuses. SBA is also part of a long-standing White…

The authors analyze the recent undertaking in El Salvador to establish an innovative model of industry-higher education clusters that would facilitate collaboration between academia and the private sector -- sectors that traditionally had not worked together because of historical distrust -- to develop the skilled workforce needed for the…

The "Budget of the United States Government, Fiscal Year 2022" contains the Budget Message of the President, information on the President's priorities, and summary tables. The Budget includes two historic plans the President has already put forward--the American Jobs Plan and the American Families Plan--and outlines a package of…

This report identifies and describes federal student loan forgiveness and loan repayment programs that are currently authorized by federal law. It provides brief, summary descriptions of identified programs. These program descriptions are intended to provide policymakers with general information about the purpose of existing programs and how they…

In spring 2020, New America and the State Higher Education Executive Officers Association (SHEEO) partnered on a year-long research project to understand the effect of the confluence of the pandemic, economic crisis, and racial reckoning on America's colleges and universities. We interviewed over 100 college leaders from across higher education…

Nearly four million U.S. undergraduate college students are parents or guardians of children under the age of 18. These student parents, who already faced immense financial, child care, food, and housing insecurity before the COVID-19 pandemic, are now dealing with multiple new barriers, including school closures, lay-offs, and child care…

For-profit colleges do not always recruit aggressively; nor do they always shortchange students. But the problem of colleges systematically overpromising and underdelivering, when it does happen, has largely been a for-profit phenomenon. The abuses have been the most widespread and most damaging when they have been fueled by government grants and…

The Government Performance and Results Modernization Act of 2010 defines major management challenges as programs or management functions that are vulnerable to waste, fraud, abuse, and mismanagement, and where a failure to perform well could seriously affect the ability of the U.S. Department of Education (Department) to achieve its mission or…

The "Budget of the United States Government, Fiscal Year 2021" contains the Budget Message of the President, information on the President's priorities, and summary tables. This year's Budget includes $4.4 trillion in savings--bringing deficits down each year, and putting the Federal Government on a path to a balanced budget in 15 years.…

The federal role in higher education has grown over the past two decades, and now a new administration has the opportunity to strengthen policies that support students and their colleges and universities. To help inform these decisions, the Urban Institute convened a bipartisan group of scholars and policy advisers to write a series of memos…

The policy agenda provides a robust and compressive vision for Latino success in higher education; it outlines recommendations for how to make high-quality colleges and universities more affordable, increase access to financial aid, increase degree attainment, improve degree quality, and much more. The state of higher education today fails to…

The federal role in higher education has grown over the past two decades, and now a new administration has the opportunity to strengthen policies that support students and their colleges and universities. To help inform these decisions, the Urban Institute convened a bipartisan group of scholars and policy advisers to write a series of memos…