The Department of Education's (Education) process for obtaining Temporary Expanded Public Service Loan Forgiveness (TEPSLF) is not clear to borrowers. Established in 2007, the Public Service Loan Forgiveness (PSLF) program forgives federal student loans for borrowers who work for certain public service employers for at least 10 years while making…

Student debt cancellation must be a federal priority for the new administration. As the devastating health and economic toll of the COVID-19 pandemic deepens, millions of student borrowers are held back by high levels of debt on top of job losses and the struggle to cover their basic needs. The pause on payments is only a temporary fix. Since…

Teachers are the most important school-based factor for student growth and achievement. Yet, for years, enrollment in the nation's schools of education has been in decline, and local education agencies (LEAs) have struggled to retain teachers. In many places, the stresses of the COVID-19 pandemic have exacerbated these issues, requiring states to…

Postsecondary education is a key pathway to economic mobility for many Americans, but financial challenges often make it difficult for learners to pursue and complete their education. Obtaining financing for postsecondary education can be a barrier to access for some students. The process is complicated, and many programs are ineligible for…

This introductory report outlines the challenges of postsecondary completion, the variable value provided by a postsecondary pathway, and the corresponding cost and debt. Together, these challenges create an inequitable, ineffective, and unsustainable U.S. postsecondary system in which individuals are increasingly reluctant to participate or…

This article estimates the effects on depressive symptoms, family relationships, social support, and academic self-efficacy of participating in a forgivable loan program, using an instrumental variable (IV) estimation strategy. In particular, we estimate local average treatment effects (LATE) of program participation on these variables, using…

Recent decades have seen an exponential growth in the field of international schools, and a concurrent rise in the number of young Anglo-Saxon teachers overseas. Such mobile teaching careers have largely been presented in terms of emphasising exploration, travel and lifestyle-related migration. While acknowledging such factors, we also draw…

In recent decades, several dozen colleges and universities have instituted loan-reduction initiatives (LRIs), such as "no-loan" programs. Institutions frequently cast such initiatives as efforts to increase socioeconomic diversity on campus. Using a difference-in-differences analytic strategy with national institution-level data, we…

The "60x30TX" higher education plan for Texas began in 2015 with four goals to be achieved by 2030: (1) 60x30 Educated Population: At least 60% of Texans ages 25-34 will have a certificate or degree; (2) Completion: At least 550,000 students in 2030 will complete a certificate or an associate, bachelor's, or master's degree from an…

High payments and default on undergraduate debt have consequences; they are of national concern if aversion to debt deters students from making optimal postbaccalaureate decisions on postbaccalaureate educational aspirations, enrollment, and early-career occupation. I conducted two semi-structured interviews, near graduation and six months later,…

Educators are faced with increasing student loan debt, increasing costs of becoming a teacher, and stagnant teacher salaries. Research suggests that the structural elements of the student loan system, including systemic barriers, may act as deterrents, preventing access and opportunity, especially in the teaching profession. The profession needs…

To help students and their families pay for higher education, the Department of Education provides billions of dollars in federal student loans each year through programs authorized under Title IV of the Higher Education Act of 1965, as amended. Graduate students have been eligible for Graduate PLUS (Grad PLUS) loans to help finance their…

This report aims to expand the window into federal student loan defaults beyond the event of default itself. It attempts to provide the most robust look to date of what happens to student loans "after a borrower defaults and why." Ultimately, this information should help policymakers evaluate the current set of policies related to…

Student loan debt and delinquency is a mounting problem among college graduates. To show students the consequences of debt-financing their education in an economic context, the author describes a collaborative problem-based learning activity designed for small, introductory economics courses. The activity has three parts: an introduction to the…

In academic year (AY) 2018-2019, approximately 6,400 institutions of higher education (IHEs), enrolling about 26.5 million postsecondary education students, participated in the federal student aid programs authorized under Title IV of the Higher Education Act of 1965 (HEA; P.L. 89-329, as amended). These IHEs ranged in sector, size, and…