The Biden administration is pursuing two higher education policies through a series of rulemaking processes that aim to make higher education more affordable and less risky for students. One policy focuses on the system's back end by helping students repay their loans, and the other focuses on the front end by cutting off access to federal aid for…

The federal government now offers a multitude of complicated income-driven repayment (IDR) plans that are difficult to understand, enroll in, and stay in. Many students who would benefit from IDR do not enroll, and others will have large amounts of debt forgiven despite earning high wages. The current problems with IDR are not an indictment of the…

A college degree or credential is a crucial stepping-stone to the middle class, and American colleges and universities play an essential role in building a more prosperous, equitable country. However, too many colleges routinely and disproportionately enroll students who end up struggling to repay or, worse, default on their student debt. "A…

The Biden administration is developing regulations around gainful employment (GE) that would protect students from career-oriented college programs that don't adequately serve their students. A draft GE rule released earlier this year would require that graduates of certificate programs at public and nonprofit colleges and nearly all programs at…

This paper examines indicators related to earnings and student loan debt for evaluating return on investment (ROI) for postsecondary education. It first considers four different options for measuring earnings, arguing that measures of postsecondary value should include investment-to-earnings and earnings growth metrics. The paper then discusses…

For decades, the federal government has expected vocationally focused programs in higher education, especially among for-profit colleges, to lead to gainful employment in a profession. In the mid-2010s, the U.S. Department of Education developed gainful employment (GE) regulations that sought to tie a program's federal financial aid eligibility to…

This introductory report outlines the challenges of postsecondary completion, the variable value provided by a postsecondary pathway, and the corresponding cost and debt. Together, these challenges create an inequitable, ineffective, and unsustainable U.S. postsecondary system in which individuals are increasingly reluctant to participate or…

This case study provides the background for a discussion of the bankruptcy of a composite non-profit corporation under Chapter 11 of the Bankruptcy Code, and the possible alternatives available to bankruptcy. Topics considered include: reorganizations, the selection of a bankruptcy trustee or an examiner, duties of a non-profit board, the…

Does the gender pay gap affect women's ability to repay their student debt? This study investigates the extent to which an income contingent scheme benefits women because of their individual earnings. Using the Australian Household, Income, and Labour Dynamics in Australia Survey, gender differences in debt repayment behaviour over the past two…

We generate selection-adjusted NPV and IRR estimates for a bachelor's degree in the U.S. which account for time-to-graduation, debt financing and tuition levels. We find that a college degree is generally worthwhile, but the private value of the investment is a declining function of time-to-graduation. Selection-adjustments show that for students…

Research shows that school functioning and student achievement often suffer when effective principals leave their schools and that principal retention is related to the conditions they experience in five areas: working conditions, compensation, accountability, decision-making authority, and professional learning. A recent NASSP-LPI study examined…

As students continue to review the sustainability of higher education institutions, there is a growing need to understand the economic returns of degrees as a function of a sustainable institution. This paper reviews a range of international research to summarize the economic drivers of higher education attainment. Although the cost inputs to…

Strong and stable school leadership is critical for success in schools across the nation. The duties of the principal are many and varied. Principals, for example, can oversee instruction, purchase curricular materials and supplies, and provide professional learning and supports for teachers. Carrying out these duties effectively makes a…

This is an update to the report "Deeper in Debt: Women and Student Loans." Americans today carry $1.54 trillion in student loan debt. That number has more than doubled over the last decade--increasing at nearly six times the rate of inflation. Women are particularly burdened, holding nearly two-thirds of all outstanding loans--around…

Over the course of the past few decades student loans have become an increasingly common means of paying for a college education. Most students who complete a college program now take on student loans, and the amount of student debt that students assume has increased along with the price of attending college. At this time about 44 million…