This Perspective summarizes recent trends in young peoples' entrance into and completion of postsecondary educational programs. Education is an important pathway into well-paying jobs and the American middle class. Education levels have been rising for the past 50 years, including large gains for many demographic groups. But declining public…

State financial aid is a critical piece of college affordability for students from low-income backgrounds. Nearly three quarters of all students attend college in their home state - which is typically a requirement for state-based financial aid - and first-generation and students from low-income backgrounds are even more likely than their peers to…

This report shares data on college resources in Ontario as they relate to: (1) college system revenues and expenses; (2) trends in college funding; (3) human resources trends; and (4) student financial aid. Among the highlights are: (1) In 2018-19, college system revenues totalled almost $5.5 billion. Grant revenue from all sources accounted for…

The 50-State Comparison on 529 Education Savings Plans provides a national comparison of state policies and activities related to state 529 education savings plans. It focuses on three main categories of state policies related to 529 plans: contributions, withdrawals, and eligible expenses. The information in this resource was gathered from state…

This report is an updated version of a report published in 2021 (ED623525). It examines whether levels of state funding for higher education are associated with college graduation rates, particularly among underrepresented racial and ethnic groups. The assessment is based on an analysis of state appropriations and the six-year graduation rates of…

Education Savings Accounts (ESAs) are private savings accounts funded by a deposit from the state government and managed by a parent. The deposit amount varies from state to state and is typically based on the state's per-pupil amount. To use an ESA, parents withdraw their child from the public school system and use ESA funds to purchase specified…

Amid efforts to address the ongoing crisis of high costs, high debt burdens, and decreasing confidence in the value of higher education, TICAS [The Institute for College Access & Success] commissioned leading academics to write a series of papers to inform the policy conversation about how to implement effective, equitable, and sustainable…

Public higher education leaders enter the 2023 legislative sessions with cautious optimism stemming from sizable budget surpluses in many states, economic growth, and mostly familiar political environments. Many states have built up budget surpluses due to a strong economic recovery, an infusion of federal stimulus dollars, and careful budgeting…

The 50-State Comparison on 529 Education Savings Plans provides a national comparison of state policies and activities related to state 529 education savings plans. It focuses on three main categories of state policies related to 529 plans: contributions, withdrawals, and eligible expenses. The information in this resource was gathered from state…

The 50-State Comparison on 529 Education Savings Plans provides a national comparison of state policies and activities related to state 529 education savings plans. It focuses on three main categories of state policies related to 529 plans: contributions, withdrawals, and eligible expenses. The information in this resource was gathered from state…

Government backed income contingent student loans are an increasingly being used to fund higher education. An income contingent repayment plan acts as an incremental marginal tax on labor earnings, which could cause individuals to distort their work effort. This paper uses an administrative dataset from the UK that links student loan borrowers…

Since the Spring of 2020, the COVID-19 pandemic has upended the lives of billions of people worldwide. Seemingly overnight, colleges and universities transitioned their entire operations online. There is no playbook for how to best respond to this global pandemic. While it is virtually impossible to predict the lasting impact that COVID-19 will…

This report shares data on college resources in Ontario as they relate to: (1) College system revenues and expenses; (2) Trends in college funding; (3) Human resources trends; and (4) Student financial aid. Among the highlights are: (1) In 2019-20, college system revenues totaled $5.5 billion. Grant revenue from all sources accounted for only 34…

Between 2000 and 2010, U.S. public colleges and universities experienced widespread and uneven changes in funding from state and local appropriations. We find that over this period annual decreases in statewide appropriations led to lower public enrollment and higher for-profit enrollment (with no effect on enrollment overall), as well as…

In December 2019, Congress enacted and the President signed the Fostering Undergraduate Talent by Unlocking Resources for Education Act (FUTURE Act; P.L. 116-91). The law The law amends the Higher Education Act (HEA) to permanently authorize mandatory funding for grant programs to support HBCUs and MSIs. Authorization for this funding had expired…