Summary: In spite of a large literature on the causal effects of financial aid, the impact of funding on college outcomes remains an area of ongoing research with important unanswered questions. Studying the impact of financial aid presents the ongoing challenge of how to identify causal effects, as aid receipt is rarely random and at least partly…

After decades of making minor tweaks to the U.S. financial aid system, there is a need to develop truly novel approaches to paying for college. Until now, the goal of financial aid has been narrowly framed as providing young adults with enough money to pay for college while minimizing the short-term burden to taxpayers. Because of this narrow…

Income-share agreements (ISAs) are an emerging idea for helping students pay for college. Under an ISA, investors provide upfront sums of money toward students' college tuition and other associated costs in exchange for a fixed percentage of the recipients' earnings after graduation. This paper--the first in a series examining private financing in…

Next fall, students at Purdue University may have a new way to pay their tuition: income share agreements (ISAs). ISAs are an alternative form of higher education financing in which students pledge a fixed percentage of future earnings in exchange for money to pay for college. ISAs present a new challenge to the nation's colleges and universities,…

This study used data from online focus groups collected from November 2014 to April 2015 to understand college students' decision-making processes when borrowing money to finance their education. Data were collected using an online course management system. Results suggest that (a) students relied heavily on advice from parents, guidance…

Education provides one of the best opportunities for American children to build the capacity to climb up the economic ladder. It has even been called the "great equalizer" in American society. In today's tightened labor market, providing equal access to postsecondary education is more critical than ever. The Georgetown Center on…

This report shares the perspectives and aspirations of 17 low-income and working-class students based on interviews the Institute for Higher Education Policy (IHEP) conducted over two semesters of their college journeys. The report identifies opportunities for policymakers and institutional leaders to support all students through completion,…

In the United States, approximately 65 percent of all jobs in 2020 will require some level of postsecondary education, and the demand will reach 68 percent in Iowa. This report seeks to inform public discourse on higher education by providing key performance indicators relevant to the goal of improving educational attainment for a healthy economy…

In the United States, approximately 65 percent of all jobs in 2020 will require some level of postsecondary education, and the demand will reach 62 percent in Indiana. This report seeks to inform public discourse on higher education by providing key performance indicators relevant to the goal of improving educational attainment for a healthy…

This report portrays various performance indicators that are intended to facilitate an assessment of the postsecondary education system in Missouri. Descriptive statistics are presented for Missouri and five other comparison states as well as the nation. Comparison states were selected according to the degree of similarity of population…

This report portrays various performance indicators that are intended to facilitate an assessment of the postsecondary education system in Michigan. Descriptive statistics are presented for Michigan and five other comparison states as well as the nation. Comparison states were selected according to the degree of similarity of population…

This report portrays various performance indicators that are intended to facilitate an assessment of the postsecondary education system in Ohio. Descriptive statistics are presented for Ohio and five other comparison states as well as the nation. Comparison states were selected according to the degree of similarity of population characteristics,…

This report portrays various performance indicators that are intended to facilitate an assessment of the postsecondary education system in Indiana. Descriptive statistics are presented for Indiana and five other comparison states as well as the nation. Comparison states were selected according to the degree of similarity of population…

This report portrays various performance indicators that are intended to facilitate an assessment of the postsecondary education system in Wisconsin. Descriptive statistics are presented for Wisconsin and five other comparison states as well as the nation. Comparison states were selected according to the degree of similarity of population…

In the United States, approximately 65 percent of all jobs in 2020 will require some level of postsecondary education, and the demand will reach 62 percent in Indiana. This report seeks to inform public discourse on higher education by providing key performance indicators relevant to the goal of improving educational attainment in Indiana.…