This publication describes the methods and procedures used for the 2017-18 National Postsecondary Student Aid Study, Administrative Collection (NPSAS:18-AC). It also provides information that will be helpful to analysts in accessing and understanding the restricted-use files containing the NPSAS:18-AC data. NPSAS:18-AC includes cross-sectional,…

Tuition-free college policies have gained momentum since the implementation of the Tennessee Promise, which provides financial aid to students pursuing two-year post-secondary degrees in Tennessee. While previous research has addressed the effects of similar programs on student outcomes, scholars have yet to thoroughly investigate potential…

Rising rates of loan-taking and default have motivated higher education institutions to expand their knowledge about students' borrowing behaviors and the influence of loan debt on students' collegiate experiences and educational outcomes. This study addresses several limitations in the literature and provides insights into this topic. Using…

In response to goals of expanding access as well as public pressure to leverage substantial endowment resources toward increasing affordability, numerous elite colleges have enacted policies aimed at improving access and affordability by replacing student loans with grants in financial aid packages. No-loan policies, however, differ in the extent…

As costs have risen, colleges and universities have faced more stiff competition from each other to attract students. Projections indicate that the number of high school graduates should begin in the next decade to flatten and then steadily decline (Selingo, 2018). Such changes have required a change in approach for how colleges and universities…

The recommendations put forth in this paper stemmed from a series of conversations, conducted over the course of 2019, with experts and stakeholders representing a range of perspectives and experiences within higher education and financial aid. The working group explored policy design details in depth and identified core areas of general…

This research study attempted to understand the implications of a last-dollar, free community college program, otherwise known as a College Promise Program, and its ability to provide educational access, academic success, and degree attainment for the neediest of students. Three research questions focused on the relationship between eligibility…

This dissertation is a collection of three essays in Public Economics. The first chapter studies the optimal design of student loans as a lever to foster the inclusion of poor students in private colleges in Brazil. The second chapter delves into understanding the consequences of affirmative action as a tool to increase the participation of…

Deferred Action for Childhood Arrivals (DACA), which began in 2012 through an Obama executive order, provides individuals who entered the country illegally or overstayed visas as minors with work permits and protection from deportation. Of the approximately 11 million undocumented people in the United States, 690,000 hold DACA permits. They are…

In academic year (AY) 2018-2019, approximately 6,400 institutions of higher education (IHEs), enrolling about 26.5 million postsecondary education students, participated in the federal student aid programs authorized under Title IV of the Higher Education Act of 1965 (HEA; P.L. 89-329, as amended). These IHEs ranged in sector, size, and…

Making college accessible to all includes making it affordable to lower-income families. A growing policy strategy at the state level is to provide individual students with need-based financial aid to offset tuition and living expenses. This strategy inherently presents challenges in choosing which income levels are eligible to receive aid,…

At the end of 2019, 43 million Americans owed over $1.5 trillion in federal student loans. The rapid increase in these balances over the past decade has led many to deem student debt a "crisis." Now, there is growing support among Democratic policymakers, and even some Republicans, to immediately cancel all or most of the federal…

College affordability is a significant factor in student access, retention and completion. Tuition and fee rates are a major component of affordability, as is the availability of financial aid programs from federal, state, institutional and private sources. Strategically designed approaches to college affordability can better assist families in…

We examine how the racial wealth gap interacts with financial aid in American higher education to generate a disparate impact on college access and outcomes. Retirement savings and home equity are excluded from the formula used to estimate the amount a family can afford to pay. All else equal, omitting those assets mechanically increases the…

This hearing of the Committee on Health, Education, Labor, and Pensions focuses on reauthorizing the Higher Education Act through financial aid simplification and transparency. The following committee members presented opening statements: (1) Honorable Lamar Alexander, Chairman, Committee on Health, Education, Labor, and Pensions; and (2)…