In 2008 it was certain that the Great Recession would represent--for this generation--the singular reordering of higher education. As a result, it was assumed that colleges and universities would be forced to become vastly more efficient places by graduating more students with high-value certificates and degrees. Despite significant cuts to higher…

Promise programs are an increasing popular solution to improving college affordability, reducing educational inequities, and promoting economic development. Promise programs are distinct from other forms of financial aid because they emphasize residency in their eligibility criteria, where students must live and/or attend school in specific…

The federal government provides financial assistance to individuals for higher education expenses in two major ways: tax benefits and traditional student aid (loans, grants, and work-study assistance). Since 1997, education tax benefits have become an increasingly important component of federal higher education policy. In 2021, 11 higher…

The COVID-19 pandemic has led to a rapid and substantial increase in unemployment and to uncertainty about future job prospects. Despite this increased uncertainty, parents' expectations that their children will pursue postsecondary studies remained high during the lockdown--91.7% of children whose parents were surveyed in May or June 2020 were…

Over the last 30 years, college tuition has skyrocketed. From 1988 to 2018, tuition at public four-year institutions rose 213%. In response to the exponential surge in the cost of higher education, policymakers have focused increasingly on proposals to expand financial aid and loans, and canceling the vast sums of debt that college students have…

"Student Debt and the Class of 2020" is The Institute for College Access & Success' (TICAS') sixteenth annual report on the student loan debt of recent graduates from four-year colleges, documenting changes and variation in student debt across states and colleges. State averages for debt at graduation in 2020 ranged from $18,350…

The college experience involves much more than credit hours and degrees. Students likely derive utility from in-person instruction and on-campus social activities. Quantitative measures of the value of these individual components have been hard to come by. Leveraging the COVID-19 shock, we elicit students' intended likelihood of enrolling in…

The United States has gone through two transformations in the meaning of higher education in prison and the value of access for people in prison in the last 50 years and is now moving towards a third. The establishment of Pell grants in 1972 allowed for widespread access to higher education in prison, while the removal of those grants in 1994…

In a 2019 poll conducted by the opinion and market research company SSRS for The Pew Charitable Trusts, 7 in 10 Americans said that taking out a student loan is a reasonable choice given the benefits of a college degree, but 89 percent also expressed concern about people's ability to repay those debts. Research has provided insight into the…

Sallie Mae partnered with Ipsos, a global independent market research company, to introduce a new 2020 study, "Higher Ambitions: How America Plans for Post-secondary Education." The study is designed to understand high school students' plans for after they graduate high school. In addition, it examines the value students and their…

Research has indicated that family social class, college readiness, and college affordability are factors for post-secondary barriers (Freeman, 2005). The term family social class refers to sociocultural aspects, behaviors, knowledge, and lifestyles into which one is socialized by one's family (Bourdieu, 1979). Bordes-Edgar et al. (2011) define…

The theme of the Equity Indicators for 2024 is confronting the realities and exploring feasible solutions related to the paradoxical and unequal higher education system. As the figure shows, higher education in the United States is increasingly the major agent of overcoming poverty and of attaining upward mobility toward the so-called…

This research considers Pell grant restoration for incarcerated people for the field of higher education in prison. Using the original data, we outline the limits of Pell funding in the prison context by surfacing persistent funding challenges that the Pell grant alone cannot address and may exacerbate. By providing the necessary investments to…

In addition to career training and preparation, institutions of higher education can foster opportunities for financial education and promote access to resources for financial decision-making. Educational experiences can play a role in preparing and informing students about their financial decisions and the impact of financial choices they face as…

In a joint report released today, The Institute for College Access & Success (TICAS) and The Education Trust-West urge California lawmakers to keep their promise in ensuring educational equity for BIPOC students and students with the greatest need by investing in Cal Grant Reform starting in the 2023-24 state budget. "Investing Equitably…