- Higher Education
- K-12 Education
This is the season when many high school seniors have their college admission and financial aid offers in hand. Now, the cost of attending college becomes real—at least for the first year–because most students are only given dollar figures for the coming year, not what their costs might be in their sophomore, junior, or senior years.
According to an analysis of U.S. Department of EContinue Reading »
Earlier this month the Lumina Foundation’s annual Stronger Nation report noted that in 2013 the number of Americans ages 25 to 64 with “some college, no degree” rose about one quarter of 1 percent to an estimated 36.4 million.
That figure is especially important to the Adult College Completion Network (ACCN), which has set a goal of no more than 35.5 million “some college, no degree” aduContinue Reading »
Senator Marco Rubio (R-Florida) and Congressman Tom Petri (R-Wisconsin) last week introduced the Investing in Student Success Act to encourage the development of Income Share Agreements (ISAs).
Writing in the National Journal’s Education Insiders blog, Fawn Johnson explained ISAs this way: “The bill would create a legal framework under which the student can agree to give the investor a pContinue Reading »
Parents and students want to know: Who or what is to blame for the skyrocketing (up 50 percent in 10 years) cost of a college education? Some blame faculty salaries, cuts in state aid, or excessive spending. But “Administrative Bloat”— a flurry of new vice presidents, provosts, deans, and other professional workers – has been a target high on everyone’s list.
New analysis from AIR’s DelContinue Reading »
President Obama announced in August that the Department of Education would be creating the Postsecondary Institution Rating System (PIRS), a new college-rating system. The Department issued a request for information on how to design and implement the PIRS. This Blog Special Analysis is adapted from the comments we plan to submit.
Education Sector@AIR has put together a prototype of what Continue Reading »
When a college student applies for federal financial aid, the government calculates that student’s Expected Family Contribution (EFC), a measure of how much the government thinks the student and his or her family can afford to pay for college. But when it calculates what that student’s parents can borrow through the federal Parent PLUS program, the government ignores its own calculation. ParentContinue Reading »
For the higher education community, the hottest ticket in town was President Obama’s invitation to the December 11 meeting aimed at helping lower-income students succeed in college. The event was postponed so Mr. Obama could attend Nelson Mandela’s memorial service in South Africa and has since been rescheduled for January 16. Next week’s meeting is a key ingredient in what the President has caContinue Reading »
Now that the U.S. Department of Education has released new data on financial aid for the 2011-12 school year, we can update our calculations that show what students actually pay: “net tuition.” Net tuition is the published tuition minus all grant aid. (Student loans are not subtracted because they have to be paid back.) The graph below shows the average published tuition starting in 1980-1981 aContinue Reading »
The 2011–12 National Postsecondary Student Aid Study recently released by the Department of Education is full of interesting details about who receives aid and how much they get. One clear conclusion from the data is that the targeting of two important federal financial aid programs occasionally misses the mark.
Pell grants and subsidized student loans are designed for students from low-Continue Reading »
The U.S. Department of Education’s Degrees of Debt study, released last week, examines data on student borrowing and loan repayment for students one year after graduating in 1994, 2001, and 2009. For me, the most interesting findings included:
From 1992-93 to 2007-08…The proportion of bachelor’s degrees recipients with student loan debt increased from 49 percent to 66 percent (figuContinue Reading »