Fewer young adults believe college is important, only about one-third of the American public has confidence in higher education. A recent study from Pew Research Center revealed that Americans are increasingly concerned about affordability, access, and the overall payoff of a college degree. Meanwhile, technological advances and AI have begun to…

Greater educational attainment is associated with an increase in expected income, lowering of internal discount rates, and improved financial and health literacy. Income transfers have the potential to positively impact educational attainment by either reducing the direct cost of college attendance or by an inducing an income effect that nudges…

This article explores the college-choice processes of two college students who graduated high school from rural areas in New York State. Hossler and Gallagher's (1987) three-stage model of the college-choice process was used as the theoretical framework for this study. To gain in-depth knowledge about students' predisposition, search, and choice…

The Federal Pell Grant program, authorized by Title IV-A-1 of the Higher Education Act of 1965, (HEA; P.L. 89-329), as amended, is the single largest source of federal grant aid supporting postsecondary education students. The program provided approximately $31 billion in aid to approximately 6.5 million undergraduate students in FY2023. Pell…

Last November, the U.S. Supreme Court heard arguments on whether the administration could rescind Deferred Action for Childhood Arrivals (DACA), with the fate of over 650,000 DACA recipients in the balance. Under federal law, DACA recipients cannot access federal financial aid, so most rely on a mix of private scholarships, state or institutional…

The development of cost-efficient pathways is a topic of increasing political and scholarly interest across many North American jurisdictions. It has been suggested that 'seamless' transfer pathways can provide financial savings to both students and taxpayers. However, such claims are typically based on hypothetical cost calculations, as opposed…

Financial aid has helped millions of students pay for their education beyond high school. This document provides information about federal and Minnesota financial aid programs, including the following sections: (1) How do I apply for financial aid?; (2) Five basic steps to apply for financial aid; (3) What types of financial aid are available?;…

Approximately 4.2 million youth and young adults experience homelessness on their own every year. These young people -- referred to as "unaccompanied homeless youth" under federal education law -- face unique barriers to accessing and completing higher education. Unaccompanied homeless youth are not living with, or supported by, a parent…

Despite the growing popularity of free college proposals, countries with higher college subsidies tend to have higher enrollment rates but not higher graduation rates. To capture this evidence and evaluate potential free college policies, we rely on a dynamic model of college enrollment, performance, and graduation estimated using rich…

This paper studies the effectiveness of individual federal income tax credits and deductions that are made available to college students and their families who satisfy income and certain other eligibility requirements. Such credits and deductions are collectively called "tax-based aid." Tax-based aid is found here to have a limited…

For millions of college-going students, one of the most urgent concerns is the rising cost of college and how to pay for it -- and not just for tuition but other necessities like textbooks, housing, food, and transportation. The idea that one can work one's way through college with a minimum-wage job is, in most cases, a myth. Students from…

This dissertation includes three chapters focusing on policies directly related to improving college access and success. The first chapter focuses on lifetime eligibility of federal and state financial aid policies. The Pell Grant plays a critical role in helping students across the US to afford undergraduate education. In spite of its importance…

Latinos are one of the youngest and fastest-growing populations in the United States. Latino children account for one in four K-12 students and one in five college students in the United States. In 2016, a third of the over 57 million Latinos in the country were under 18 years of age. Latino students are also completing high school at a record…

Applying for financial aid can be a complicated, time-consuming endeavor for students and their families. Fortunately, many state aid programs have taken strides to align aid applications to the form used for federal aid programs, the Free Application for Federal Student Aid (FAFSA), making state aid more readily accessible. New conversations…

Raising incomes and increasing opportunity hinges critically on access to post-secondary education and training. If Pennsylvania does not expand access to higher education to more of its citizens, the authors argue, the Commonwealth's economy will suffer and living standards will lag growth elsewhere. With a modest and smart investment,…