The federal government is the lender for the current student loan system, but replacing it with a system that harnesses the advantages of a marketplace of private lending would save $212 billion over the next 10 years while also benefiting students by helping them avoid risky educational choices. Due to ongoing court cases and upcoming regulatory…

Between 1997 and 2019, 16 out of 41 performance-based funding (PBF) states discontinued their PBF policies for public colleges and universities. Adapting policy diffusion theory to PBF discontinuation, we investigate whether policy discontinuation in one state is related to discontinuations in other states, and differentiate between the two policy…