Deregulation of for-profit colleges led to a precipitous rise in enrollments from 1990 to 2010. Since 2010, regulation, investigations, and sanctions have led to enrollment declines in for-profit postsecondary institutions. Initially barred from receiving Title IV federal funds, in the form of Pell Grants and Stafford Loans, for-profit colleges…

A long overdue, much needed transformation is underway in the higher education system. It started a decade ago, when federal and state policy­makers first began to collect data on what students earn after pursuing a postsecondary education. But new data are fundamentally differ­ent. Unlike broad-based national statistics, such as how much someone…

This First Look report presents selected findings about student financial aid during the 2015-16 academic year. These findings are based on data from the 2015-16 National Postsecondary Student Aid Study (NPSAS:16), a nationally representative sample survey of undergraduate and graduate students enrolled any time between July 1, 2015, and June 30,…

This paper examines the rise in student loan default and delinquency. It draws on a unique set of administrative data on federal student borrowing matched to earnings records from de-identified tax records. Most of the increase in default is associated with borrowers at for-profit schools, 2-year institutions, and certain other nonselective…

For-profit, or proprietary, colleges are the fastest growing postsecondary schools in the nation, enrolling a disproportionately high share of disadvantaged and minority students and those ill-prepared for college. Because these schools--many of them big national chains--derive most of their revenue from taxpayer-funded student financial aid, they…

American consumers owe more than $150 billion in outstanding private student loan debt. While this amount is significantly less than the amount outstanding on student loans guaranteed by the federal government, the private student loan ("PSL") product is an important component of higher education finance and does not appear to be well…

This paper offers a comprehensive description of the academic and social support systems for low-income, first-generation students attending a major four-year, for-profit, multi-campus university. College retention and success research has determined that effective support services succeed in retaining and graduating low-income, first-generation…

These tables show undergraduate Stafford loan borrowing rates and average Stafford loan amounts from 1989-90 to 2007-08, using data from six separate administrations of the National Postsecondary Student Aid Study (NPSAS): NPSAS:90, NPSAS:93, NPSAS:96, NPSAS:2000, NPSAS:04, and NPSAS:08. The estimates that appear in these tables reflect the newly…

The 2019 edition of the "Digest of Education Statistics" is the 55th in a series of publications initiated in 1962. The purpose of the "Digest" is to provide a compilation of statistical information covering the broad field of American education from prekindergarten through graduate school. It contains data on a variety of…

The 2017 edition of the "Digest of Education Statistics" is the 53rd in a series of publications initiated in 1962. The "Digest" has been issued annually except for combined editions for the years 1977-78, 1983-84, and 1985-86. Its primary purpose is to provide a compilation of statistical information covering the broad field…

The 54th in a series of publications initiated in 1962, the purpose of the "Digest" is to provide a compilation of statistical information covering the broad field of education from prekindergarten through graduate school. It contains data on a variety of topics, including the number of schools and colleges, teachers, enrollments, and…

The 2016 edition of the "Digest of Education Statistics" is the 52nd in a series of publications initiated in 1962. The "Digest" has been issued annually except for combined editions for the years 1977-78, 1983-84, and 1985-86. Its primary purpose is to provide a compilation of statistical information covering the broad field…

Results of a national survey of proprietary schools are reported concerning the characteristics of students receiving financial aid from federal programs, student aid packaging for students of different ethnic groups and income levels, and aid distribution among proprietary school students as compared to that for community college students. (MSE)

This report reviews what is known about today's proprietary schools, their role in higher education, their curricula, the types of students who attend them, educational outcomes of their graduates, and the policy issues that effect them. First, the report discusses the historical aspects of how private career schools evolved from the colonial era…

What is known about proprietary schools and their effects on wages and earnings is summarized, with particular attention to aid to proprietary school students and student characteristics. Overall, findings provide little support for proprietary schools. One implication is that assumptions necessary for student loans are not met. (SLD)