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…

The theme of the Equity Indicators for 2024 is confronting the realities and exploring feasible solutions related to the paradoxical and unequal higher education system. As the figure shows, higher education in the United States is increasingly the major agent of overcoming poverty and of attaining upward mobility toward the so-called…

Differences in socioeconomic status have long been one of the major contributing factors to household educational investment, which is also a key concern in related research. Utilizing Panel Study of Family Dynamics (PSFD) datasets from 2003 to 2004, in this study we examine family investment in children's education in southeast China and Taiwan,…

State need-based financial aid programs are a key driver of college access and completion for lower-income students and racially marginalized students in California, most of whom attend public two- and four-year colleges and universities and come from families with annual incomes of less than $40,000. As the state's largest need-based financial…

For years, rising tuition costs have dominated the conversation around college affordability. This report examines the average education costs for students attending both two-year and four-year colleges within the State University of New York (SUNY) and City University of New York (CUNY) systems. This report also compares costs to average grant…

Students are increasingly likely to use student loans to finance their postsecondary education. This article examines how students' use of federal loans changed from 2000 to 2016 by students' family income group and parental education level. We use logistic regression analysis and nationally representative data from the National Postsecondary…

This "Economic Insights" article documents the characteristics of families with children under the age of 18 who hold registered education savings plan (RESP) investments. The article also examines the relationship between holding an RESP account at age 15 and postsecondary enrolment between the ages of 19 and 27. The data are drawn from…

In 2004 and 2005, the Pell Institute for the Study of Opportunity in Higher Education (Pell Institute), sponsored by the Council for Opportunity in Education (COE), published two editions of "Indicators of Opportunity in Higher Education." In 2015, the commitment to documenting trends in higher education equity was renewed by publishing…

This report, the seventh in this series, brings together again in partnership the Pell Institute with the Alliance for Higher Education and Democracy of the University of Pennsylvania (PennAHEAD). These reports draw from multiple sources of existing data to provide, in one place, indicators that describe trends in equity in postsecondary…

The current unprecedented level of college student debt in the United States at over $1.4 trillion (Federal Reserve, 2017) is of major concern for all who desire to improve higher education, income and social inequality, and the general welfare of society. This study's purpose is both theoretical and empirical: first, to develop and propose the…

This report compiles the research on racial disparities both in the use of student debt and in higher education outcomes, specifically focusing on disparities between white students and Black students. In order to do so, the authors bring together two streams of research that are often siloed: research from experts on higher education access and…

This report provides an overview of and learning agenda for the Save for College Program, a New York City scholarship and savings platform that incorporates family, school, neighborhood, and systems-level components. The report describes the program's design and approach, as well as its context and implementation to date. It also discusses metrics…

This Statistics in Brief examines background and educational characteristics, plans for college, postsecondary enrollment, and postsecondary completion patterns of first-generation college students and their peers whose parents have college degrees. The brief also explores how postsecondary plans, attendance, and completion varies between these…

The U.S. has a core constitutional and founding commitment to equality of opportunity for all citizens. Whether viewed as an end in itself or a means to fostering increased national achievement and competitiveness, the 21st century United States conversation about equity reflects a national consensus about the many benefits of and necessity for…

The majority of Southern states performed below the national average and the average of Organisation for Economic Co-operation and Development countries in terms of the percent of young adults in 2015 who attained an associate degree or higher. This regional profile presents a synthesis of trends in the Southern Regional Education Board (SREB)…