This report presents the findings of a quantitative survey research program that Gallup, Inc. conducted on behalf of Sallie Mae. The overall objective of the study was to determine how American families are paying for higher education. The study also measures public attitudes toward college and various topics related to funding college. To achieve…

This strategic plan lays out Federal Student Aid's (FSA's) long-term strategy to deliver on its mission of helping Americans to pay for higher education. The plan is composed of five strategic goals. FSA will (1) provide superior service and information to students and borrowers; (2) work to ensure that all participants in the system of…

Government student loan schemes typically have implicit interest rate subsidies which, while these are a cost to taxpayers, they have the benefit of diminishing repayment burdens for graduates. Our goal is to illustrate the extent of both interest rate subsidies and repayment burdens with respect to Thailand's Student Loans Fund (SLF), using…

In a period of student loan scandals and U.S. financial market instability impacting on the cost and availability of student loans, this paper looks at alternative models of higher education funding. In this context, it also considers the level of financial support that the government should provide to higher education.

Systemic increases in tuition across the board indicate that the structure of the higher education market plays a fundamental role in encouraging these increases. Part of the problem is that public policy attempts to subsidize attendance for too many students on the assumption that this will increase access to higher education. These subsidies,…

Since the 1940s, public officials at the local, state and federal levels have used student loan forgiveness programs to attract individuals to critically needed occupations and underserved communities. In exchange for a work commitment, the loan program forgives (or repays) an amount of the employee's student loan. Traditionally, these programs…

This article reviews the implementation of the student loan scheme in China, based on results of the national survey of 100,000 student loan recipients in 2007. By calculating student expenditure on campus, analysing factors which affect family economic status and also considering the possible family contribution, the gap between students' needs…

Although the use of loans to finance postsecondary educational expenses seems commonplace, the emphasis of the U.S. financial aid system on loans may limit college opportunity for individuals who are unwilling or unable to incur this type of debt. This study uses data from descriptive case studies of 15 high schools to examine four guiding…

The cost of attending college has surpassed federal financial aid limits and fewer parents are paying the balance. As private lenders have been targeting undergraduate students to obtain private (alternative) loans to fill the financial gap, many students do not have parents or other adults to help them navigate one of the largest financial…

The credit market in the United States currently suffers from a rare and serious disruption. Once flowing with liquidity, the creativity and vibrancy of these markets helped fuel an economy that had been the envy of the world. Poor repayment performance in the subprime mortgage market has now reduced the availability of funds needed for other…

Sallie Mae's study, "How America Pays for College 2009," conducted by Gallup, provides a picture of how families made the investment in higher education last academic year and how they are beginning to meet the challenges of the economic recession. Based on a nationally representative survey of college-going students and parents of undergraduates,…

Federal Student Aid's core mission is to ensure that all eligible Americans benefit from federal financial assistance--grants, loans and work-study programs--for education beyond high school. The programs administered comprise the nation's largest source of student aid. Every year, the U.S. Department of Education provides more than $83 billion in…

America's financial aid system provides too much taxpayer support to banks making college loans, demands too little of students assuming them, and burdens families with too much debt. The system fails to reward rigorous college-preparatory work in high school and penalizes students who hold jobs while in college. Lenders make extraordinary…

This report describes the educational experiences, labour market outcomes and financing of higher education of recent graduates for Canadian postsecondary education institutions using data from the 2007 National Graduates Survey (Class of 2005). The first section describes the characteristics of graduates from college, bachelor, master and…

The first part of this report describes the undergraduate borrowing patterns of 1992-93 bachelor's degree recipients and their graduate enrollment and additional borrowing through 2003. These graduates would have completed their undergraduate borrowing prior to the changes introduced by the 1992 reauthorization of the Higher Education Act. At that…