The cohort default rate (CDR) has worked to reduce students' risk of default, but decades of experience have also revealed weaknesses that policymakers must tackle. "Driving Down Default" outlines key priorities for strengthening the CDR to further reduce student loan default, including specific recommendations to protect against…

All students--particularly students of color--benefit academically and socially from having teachers who are people of color. However, people of color face systemic barriers to becoming and remaining teachers at multiple points throughout their careers. For example, people of color are more likely than their White peers to incur student debt,…

National Association of Student Financial Aid Administrators' (NASFAA's) National Student Aid Profile is an annual publication designed to give a high-level overview of the federal student financial aid programs that provide funding to millions of students each year. This profile includes an overview of: (1) The Federal Pell Grant Program; (2) The…

National Association of Student Financial Aid Administrators' (NASFAA's) National Student Aid Profile is an annual publication designed to give a high-level overview of the federal student financial aid programs that provide funding to millions of students each year. This profile includes an overview of: (1) The Federal Pell Grant Program; (2) The…

This report and the accompanying interactive web tool are a first step toward helping students sort through the 37,000 programs in the College Scorecard data to learn which programs offer a pathway to good earnings and which threaten more debt. Part 1 examines earnings differences across different institutions. Just as there is overlap in…

Differences by race and ethnicity exist in student borrowing trends, as decades of research and statistics on debt, repayment, and default rates have well established. Students who are Black, Hispanic or Latino, and Native American tend to have higher unmet financial need, incur more debt, and struggle financially to stay in school. Yet, even as…

As our country is on the brink of a new presidential administration and new Congress, amid a global pandemic, the importance of investing in and strengthening our nation's postsecondary education system has never been more important. Concerns over college access, affordability, and transparency are colliding with the growing demand in the…

Faced with impoverishment after the financial crisis of 2008, Filipino women migrants in Italy struggle to sustain their financial commitments to their families in the Philippines. Research shows that financial literacy and entrepreneurship (FLE) education can improve financial management and decision-making processes. Spanning a period of…

This report is one of the first to examine federal student loan repayments for graduate institutions. While the data are not without limitations and this report is based only on two lists of 20 institutions each, the data reveal some important findings. Historically Black Colleges and Universities (HBCUs) have some of the weakest rates of loan…

There are two initiatives that can dramatically change the way college pricing and student debt are being handled under the current system. Both are commonsense solutions that would, if accepted, dramatically help students, graduates and families burdened by the cost of tuition and the loans they take to earn their degrees. First, income-based…

Some of the biggest debtors in the twenty-first century are not small business owners or first-time homeowners, but rather university students who take out massive debt in the belief that it is an investment in their future. Like housing loans before the Global Financial Crisis, student loan debt is today being packaged and re-packaged into exotic…

This article critically examines how undergraduate students in a red brick university in the North of England have experienced the threefold rise in tuition fees since 2012, with particular attention on how they have begun to understand and negotiate the process of indebtedness. Drawing on a corpus of 118 interviews conducted with a group of 40…

"Casualties of College Debt" uses the latest federal data on delinquency and default to better understand who student loan defaulters are, explores key themes of who defaults and why that emerged across over 20 in-depth conversations with a diverse group of experts, and lifts up the lived experience of default through voices of borrowers…

The teaching profession is facing difficulty recruiting and retaining talent in the U.S., especially in STEM subjects. This study identifies the key experiences that shaped the academic paths and career plans of 10 pre-service teachers in STEM education who are participating in a loan forgiveness programme in North Carolina. Using life history…

West Virginia's three state-funded medical schools enroll more medical students per capita than any other state in the country. Due to its large number of medical student slots, the state typically is able to offer all qualified West Virginians the opportunity to complete their medical education in the state. In the academic year of 2022, 44…