This article develops and tests an identity-based account of malfeasance in consumer markets. It is hypothesized that multi-brand organizational structures help predatory firms short-circuit reputational discipline by rendering their underlying identities opaque to consumer audiences. The analysis utilizes comprehensive administrative data on all…

This document includes the "FY 2023 Annual Performance Report" (APR) and "FY 2025 Annual Performance Plan" (APP). The APR provides narrative and data on the Department of Education's (Department's) progress toward the strategic goals and objectives outlined in its "Fiscal Years [FYs] 2022-2026 Strategic Plan"…

In response to the current Coronavirus Disease 2019 (COVID-19) pandemic, numerous questions have arisen regarding student loan repayment flexibilities and debt relief that may be available to individuals to alleviate potential financial effects related to COVID-19. The Higher Education Act of 1965 (HEA) generally authorizes several options for…

The William D. Ford Federal Direct Loan (Direct Loan) program makes several types of federal student loans available to individuals to assist them with financing postsecondary education expenses. It represents the single largest source of federal financial assistance to support students' postsecondary educational pursuits. The U.S. Department of…

Black students are more likely to take on debt, borrow higher amounts, and struggle with repayment than their peers, because they generally have fewer resources to pay for college, thanks to the ongoing generational effects of systemic racism. This debt burden has far-reaching financial consequences, and many Black borrowers are unable to afford…

This hearing of the Committee on Health, Education, Labor, and Pensions focuses on reauthorizing the Higher Education Act through financial aid simplification and transparency. The following committee members presented opening statements: (1) Honorable Lamar Alexander, Chairman, Committee on Health, Education, Labor, and Pensions; and (2)…

As of March 2019, 43 million Americans held student loans provided through federal government programs, the largest segment of the education loan market. But this system is under pressure as more borrowers struggle to repay, a problem compounded by the complexity of the repayment process. Research on the pathways borrowers take through the…

In 1965, the federal government passed the Higher Education Act (HEA), which paved the way for today's federal student loan program. Much of the policy debate about student loans centers on the amount of debt that has already been issued, escalating default rates, and what can be done to make repayment more affordable. But often overlooked in this…

The "2018 National Association of College and University Business Officers (NACUBO) Student Financial Services (SFS) Benchmarking Study" provides data on student accounts and loan receivables, student payments, credit balance refunds, third-party payments, staffing, and expenditures for student financial service operations in fiscal year…

This qualitative study explores the perceptions of value added to the lives of graduates who borrowed money to fund their college educations. Through the lens of cognitive dissonance theory, five themes emerged. Overall, the study participants agreed that the ability to take on student loans to fund their education was worth it, but on the other…

The study of student loan debt remains a timely and relevant higher education finance research and policy-oriented topic, especially when considering the alarming growth rates of student loan debt balances. The Quarterly Report on Household Debt and Credit released in May of 2018 shows that among all debt balances, student loans remain the only…

This study aims to analyze the effect of lifelong, notably adult and informal, learning experiences on the business capability and productivity of poor women entrepreneurs in rural Indonesia. The measures of entrepreneurial ability of the research subjects were in terms of their engagement, as microcredit receivers, in adult learning processes…

More than ever before, young Americans who attend college are being saddled with formidable financial debt, placing an incredible burden on them precisely at the time when they are seeking to launch their careers. As this national conversation over college affordability continues, there is a particular urgency to address the concerns of student…

In this paper, we focus on how Black students matter, from their perspective, in Ohio higher education. To better support Black students, policymakers, college leaders, and organizers must understand what is happening on the ground from students themselves. The words of the essayist and thinker, James Baldwin, are pertinent here: "Not…

Current assessments of college value fall short of centering race in its measurements by ignoring the unique economic conditions students of color face. To support ongoing advocacy for equitable investments in both students of color and institutions serving the largest shares of racially marginalized students, in its latest analysis, The Institute…