The teaching profession is facing difficulty recruiting and retaining talent in the U.S., especially in STEM subjects. This study identifies the key experiences that shaped the academic paths and career plans of 10 pre-service teachers in STEM education who are participating in a loan forgiveness programme in North Carolina. Using life history…

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…

Parent PLUS loans are a growing concern due to their limited income-driven repayment protections and their potential to maintain longstanding racial wealth gaps. Previous research has examined factors associated with student debt burdens of college graduates, but no research has examined factors related to parent borrowing for college. In this…

Rethinking the balance between federal and state responsibilities for supporting colleges and universities and making higher education accessible and affordable for students is important. There is little disagreement about the current education financing system being inadequate. The debate is about the best way to solve the problem. In this…

In this study, we examine whether institutional-level characteristics, student demographics, and state conditions are associated with student loan repayment rates and cohort-level loan default rates. We separately explore these characteristics for each of four higher education sectors: public 2-year colleges, for-profit colleges, public 4-year…

This brief uses administrative data provided on the Baccalaureate and Beyond and Beginning Postsecondary Students data sets to examine student loan repayment over time. Specifically, we provide descriptive details on what differentiates borrowers in income-driven repayment (IDR) plans and explore the relationship between these plans and short-term…

In 2010, the author wrote an essay, "The New Indentured Educated Class," for "The New England Journal of Higher Education." This piece was pivotal in raising public awareness about a new group of Americans, an enormous group of people--educated and deeply in debt. At that point, few were talking about the student loan debt…

In this teaching note, the authors use an iconic London building, the Gherkin, as a motivation to understand exchange rates, cross exchange rates, and unhedged exchange rate risk. The famous tower was constructed in the early 2000s by Swiss Re, an insurance company, and then sold to investors as part of a sale-leaseback deal in early 2007.…

In an era of increased accountability for colleges and concerns about an affordable education, it is useful to understand whether students can adequately manage the debt burden they hold after leaving higher education. In 2015, Texas called for cumulative undergraduate debt to be 60% or less of public institution graduates' first-year earnings by…

The urgency of the analyzed issue is due to the priority of state issues of providing the population with affordable and comfortable housing. The purpose of research is to develop the main provisions of the development mechanism of financial resources of the housing mortgage lending and to develop practical recommendations for its implementation.…

The cost of post-secondary education (PE) continues to increase, which has contributed to elevating federal loan demand, and as of the fourth quarter of 2020, equaling a debt of $1.56 trillion in the US. The purpose of this research was to compare two post-secondary institutions for specific alignment with the local labor market, examine…

Student loans are like a dark cloud looming above 41 million Americans (Perna, Kvall, & Ruiz, 2017). Through young adults' personal accounts and relevant literature, we aimed to explore how student debt has altered the lives of college graduates and what can be done to educate students before they graduate with tens of thousands of dollars in…

Although the literature offers evidence of students' aversion to borrowing for postsecondary education, it offers no insight into whether such attitudes are mutable. Through a blocked, cluster-randomized controlled trial in six diverse high schools in Louisville, Kentucky, we test whether providing student loan and repayment information affects…

Regularly reported statistics about high and growing student-loan debt levels, combined with increased rates of delinquency and default, have prompted calls to address the student-debt "crisis." For New England, with its highly educated population and large higher education industry, student-loan debt is an important economic policy…

"Liberal Education" spoke with two higher education policy experts on what they expect and hope for from the Biden administration. Viviann Anguiano is an associate director for postsecondary education at the Center for American Progress. Eric R. Felix is an assistant professor at San Diego State University, specializing in higher…