We use the natural experiment of a state lottery scholarship to measure the effect of generous financial aid on graduation rates at New Mexico's flagship public university. During the study period, the scholarship program paid full tuition for eight semesters for any state resident earning a 2.5 grade point average in their first semester at any…

States, systems, and colleges in the Great Lakes region have made important investments in basic needs, but more progress is needed. Addressing basic needs--which includes income, food, housing, health, mental health and well-being, child care, transportation, and technology--helps support college access and completion. The Urban Institute…

As noted in the national publication regarding the Value of HBCUs (Cotton, 2018), "Historically black colleges and universities have made a lasting global imprint on virtually every facet of culture and society. HBCU alumni have ascended to leadership positions in government, education, business and industry, science and technology, medicine,…

Despite the robust literature on the effects of financial aid, the effects of financial aid loss remain largely understudied. We employ a regression discontinuity design, leveraging a minimum GPA scholarship renewal threshold, to examine the effect of losing state merit aid eligibility on college student stop-out, transfer, and bachelor's degree…

Despite the robust literature on the effects of financial aid, the effects of financial aid loss remain largely understudied. We employ a regression discontinuity design, leveraging a minimum GPA scholarship renewal threshold, to examine the effect of losing state merit aid eligibility on college student stop-out, transfer, and bachelor's degree…

Indiana, Oklahoma, and Washington have programs designed to address college enrollment and completion gaps by offering a promise of state-based college financial aid to low-income middle school students in exchange for making a pledge to do well in high school, be a good citizen, not be convicted of a felony, and apply for financial aid to…

Over the past few decades, public universities have faced significant declines in state funding per student. We investigate whether these declines affected the educational and research outcomes of these schools. We present evidence that declining funding induced public universities to shift toward tuition as their primary source of revenue.…

Is the end in sight for college tuition hikes? Tuition and fees at public colleges and universities consistently have risen twice or even three times as fast as comparable increases in the Consumer Price Index in recent years. Since 2000 these costs have even grown 60 percent faster than health care costs. The results have been rapidly rising…

Texas state grant aid programs provide significant support to many low- and moderate-income state residents pursuing postsecondary education. Only a small share of eligible students receives state grants, however, and students often cannot predict whether they will receive aid, especially if they apply to different types of institutions.…

In Ohio, the pandemic has forced students to pause their pursuit of a college degree or abandon their aspirations for higher education all together. The health crisis has accelerated a downward trend in enrollment in public higher education, at least for now, and thrown into sharp relief the barriers that prevent Black and brown students, and…

Substantial investments by states dramatically increased the scale and scope of public colleges and universities beginning in the early 20th century and provided subsidized post-secondary opportunities across institutions ranging from community colleges to research universities. Nearly 50 years ago, economists Lee Hansen and Burton Weisbrod opened…

As performance-based funding models have become the new norm for allocating state funds, universities have begun to focus more on meeting and exceeding persistence and graduation metrics. For those universities that have already made substantial gains in these metrics by implementing changes that address large populations of students, attaining…

For millions of college-going students, one of the most urgent concerns is the rising cost of college and how to pay for it -- and not just for tuition but other necessities like textbooks, housing, food, and transportation. The idea that one can work one's way through college with a minimum-wage job is, in most cases, a myth. Students from…

What do state policies say about how to fund postsecondary education? This 50-State Comparison answers this question by searching state statutes, state rules and regulations, enacted state budget bills, and state postsecondary education agency policies that address postsecondary education budgeting and funding. According to the content of the…

Michigan's public colleges and universities have become steadily less affordable over the past two decades, mirroring a national trend where state funding of public higher education has not kept pace with costs, leading to increased tuition and fees. States continually assess their higher education tuition and other policies in comparison to their…