Between 2000 and 2010, U.S. public colleges and universities experienced widespread and uneven changes in funding from state and local appropriations. We find that over this period annual decreases in statewide appropriations led to lower public enrollment and higher for-profit enrollment (with no effect on enrollment overall), as well as…

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…

Although for-profit colleges and universities have had a long history in the United States, they have garnered significant attention only in the last decade. In the early 20th century, career colleges existed primarily in urban areas to provide training for specific trades or professions--plumbing, restaurant management, art and design,…

It took five years, dozens of drafts, and a total of 14 extensions, but Congress last week was finally on the verge of passing a bill to renew the Higher Education Act, the major law governing federal student aid. The bill, after approval by the U.S. House of Representatives, was headed to the Senate, where a final vote was planned for late last…

Reports on trends to extend state student financial aid to students attending for-profit colleges. State legislatures are following the lead of Congress in treating proprietary institutions like traditional colleges. Examples from Colorado, Indiana, and Ohio are offered, as are data on the 10 states and territories that provide the largest share…