RAND researchers studied more than 450,000 recipients of New Jersey's Tuition Aid Grant (TAG) -- the nation's most generous state-funded grant program per state resident college student -- to explore whether getting larger amounts of grant aid led to higher graduation rates for students at varying income levels and attending two-year, four-year,…

Research and statistics have documented the disproportionately negative effects of educational debt on racial minorities. Research has not, however, explored the effects of educational debt on racially marginalized individuals working in the field of higher education itself. This study investigated the negative effects of educational debt on…

The allocation of merit-based awards and need-based aid is important to both universities and students who wish to attend the universities. Current approaches tend to consider only institution-centric objectives (e.g. enrollment, revenue) and neglect student-centric objectives in their formulations of the problem. There is lack of consideration to…

In Fall 2022, the U.S. Education Department unveiled a drastic overhaul of federal student loan policies. The new rules serve as a key vehicle to advance the Biden administration's higher education agenda. However, some of the final regulations look quite different from the policy proposals initially outlined in President Joe Biden's campaign…

College affordability is a significant factor in student access, retention, and completion. Tuition and fee rates are a major component of affordability, as is the availability of financial aid programs from federal, state, institutional and private sources. Strategically designed approaches to college affordability can better assist families in…

In this report, the authors tally the cost of child care and the price of attending a public four-year college--including tuition and fees, housing, food, books, and transportation--to determine a student parent's actual annual cost of pursuing a degree. That number is used to calculate the "student parent affordability gap," that is,…

Paying for college can be stressful. For Asian Americans, both students and parents work to figure this out. International Asian students enter the country with their parents' financial support already-established, but struggle to navigate complex economic policies relevant to them. Using family financial socialization theory (Gudmunson &…

This dissertation investigates the impact of information and policy on the efficiency of higher education financing, particularly for low-income students in Latin America. Through three empirical studies, it addresses the barriers posed by information asymmetries and institutional discretion in student loan and college admission processes and…

Student enrollment at community colleges within the U.S. has remained flat or decreased for over a decade (AACC, 2019). Before COVID-19, community colleges had been experiencing a steady decline in enrollment for approximately ten years (Irwin et al., 2021). The purpose was to determine whether demographic, environmental, and academic variables…

These tables present data from four administrations of the National Postsecondary Student Aid Study (2003-04, 2007-08, 2011-12, and 2015-16) showing trends in how graduate students financed their education. Data include the demographic attributes and academic characteristics of graduate students and the average price of attendance for the programs…

Today, costs loom large in public discussions about the problems in higher education. That's no wonder. Tuition at four-year private colleges has grown at an average annual rate of 2.3% above inflation over the past 10 years. Four-year public and two-year institutions have seen similar trends, with tuition growing at an annual rate of 3.1% and…

America's regional public universities (RPUs) serve a unique role as the portal through which so many students and the nation's future workforce gain the skills needed to face the economic challenges of the 21st century. RPU programs offer 4.9 million students, who are increasingly of color, low income, first generation, and working adults, the…

Higher education is a critical tool for social mobility, but today, students and their families face significant challenges. It is against this backdrop that the Bipartisan Policy Center (BPC) convened the Task Force on Higher Education Financing and Student Outcomes. This group has identified several areas of federal policy ripe for reform that…

Doctor of philosophy (PhD) degree holders are highly regarded in Kenya, especially in academia, and the Kenyan economy needs them to undertake administrative, research and innovation roles in academia and industry. However, attaining this qualification is arduous and Kenyan PhD programmes are characterised by low enrolment numbers, long degree…

In an era of billions of dollars in outstanding student loan debt, researchers have posited that the U.S. News & World Report rankings continue to be an influential source of information for prospective students, yet these rankings do not include college affordability metrics in their ranking algorithm. As a result, this study performed a…