MDRC is pleased to provide testimony on college access and completion to the Advisory Committee on Student Financial Assistance. Access to college has increased substantially over the last 50 years, but student success--defined as the combination of academic success and degree or certificate completion--has not kept pace. Student success,…

This review explores the expanding role of federal aid policy considered from a contemporary and social justice perspective. It highlights recent trends in aid policy as well as difficulties that arise from the current system. Next, the review takes up an analysis of current aid policy that carefully considers equity and efficiency as primary…

Raising incomes and increasing opportunity hinges critically on access to post-secondary education and training. If Pennsylvania does not expand access to higher education to more of its citizens, the authors argue, the Commonwealth's economy will suffer and living standards will lag growth elsewhere. With a modest and smart investment,…

Americans believe in the value of a college education, but worry about its price. Recent surveys show large majorities affirming the importance of postsecondary education, but characterizing it as too expensive and sometimes financially out of reach. This Statistics in Brief describes three measures of the price of undergraduate education in the…

House Democrats yesterday introduced major legislation to reauthorize the landmark Higher Education Act. Although reauthorization is long overdue, the new legislation, called the College Affordability Act, proposes mainly marginal improvements to a broken higher education financing system. Moreover, it doesn't do enough to help people who don't go…

Institutions of Higher Education (IHEs) have become like hospitals where there are multiple offices in centralized locations. One of the areas that need further study is how to integrate these services effectively and efficiently to service students. Healthcare has developed the triage model and IHEs are starting to bring this model into the…

Each year, the National Association of State Student Grant and Aid Programs completes a survey regarding state-funded expenditures for postsecondary student financial aid. This report, the 47th annual survey, represents data from academic year 2015-16, offering data regarding state-funded expenditures for student financial aid and illustrating the…

Working for pay is the reality for many undergraduate students. Higher rates and intensity of employment among students from underserved backgrounds and those attending under-resourced institutions suggest employment during college reinforces inequity in higher education opportunity and outcomes. Compared with higher-income students, students from…

Student employment subsidies are one of the largest types of employment subsidies and one of the oldest forms of student aid. The Federal Work-Study program (FWS) is the largest student employment subsidy program; since 1964, it has provided about $1 billion per year to cover 75 percent of wages for student employees, who typically work on campus…

Since 2008, Sallie Mae has surveyed American families with an undergraduate student about their attitudes toward college and how they paid for it. For the past ten years, the "How America Pays for College" research has provided insight regarding families' belief in the value of a college education, how they are making college more…

"Financial Barriers to College Completion," released in March 2017, was prepared by intern Jacob Roble. The sheet notes major shifts in the labor market that make having college education increasingly important to economic self-sufficiency, and concurrent trends of increasing college costs, decreasing government support for higher…

The Federal Work-Study program was introduced as part of the Economic Opportunity Act of 1964, with the goal of enabling low-income students to work their way through college. It is thus one of the earliest forms of federal financial aid for college, pre-dating both Pell Grants and Stafford Loans. Since its inception, FWS has provided institutions…

The U.S. Department of Veterans Affairs (VA), previously named the Veterans Administration, has been providing veterans educational assistance (GI Bill®) benefits since 1944. The benefits have been intended, at various times, to compensate for compulsory service, encourage voluntary service, prevent unemployment, provide equitable benefits to all…

Today 17 elite private colleges in the U.S. have offered no-loan policies, which replace student loans with grants, scholarships and/or work-study in the financial aid packages awarded to all undergraduate students eligible for financial aid. Generally, the goal of these policies is to increase the socioeconomic diversity of campuses and to reduce…

Financial aid may be particularly critical for promoting full-time enrollment, continuous enrollment, and a manageable balance of school and work responsibilities, which influence the likelihood of timely degree completion (Adelman, 2006; Attewell, Heil, & Reisel, 2012; Hossler et al., 2009). For example, Attewell, Heil, and Reisel (2012)…