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Kelchen, Robert; Erickson, Lanae – Education Next, 2020
After decades of slow growth, the share of young Americans completing college has increased to 48 percent in 2019, from 39 percent 10 years earlier. What accounts for the rise? Are more students clearing a meaningful bar for graduation, or are colleges and universities engaging in credential inflation and lowering their academic standards? This…
Descriptors: Higher Education, Educational Finance, Financial Support, Federal Aid
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Erickson, Lanae – Education Next, 2020
Completing a college degree, or failing to, is a major factor in determining whether a person will have an economically stable future. While it might have been possible a few decades ago to graduate from high school, enter the job market, and find a career that enabled one to earn a solid middle-class life, that path to success has been almost…
Descriptors: Higher Education, Educational Finance, Financial Support, Federal Aid