- Higher Education
- K-12 Education
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 »
In The Missing “One-Offs”: The Hidden Supply of High-Achieving, Low Income Students, Caroline M. Hoxby and Christopher Avery revealed that many high-ability, low-income students aren’t attending top colleges, undermining the notion that higher education is as meritocratic as some claim. U.S. News & World Report’s* recent college rankings provide further proof to substantiate this point.Continue Reading »
The new data on federal financial aid recipients that we explored last week continues to yield new insight. Recall that the data is not perfect, as incomes are counted only for “full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who received Title IV federal student aid,” so many students are not included. Nevertheless, the data coverContinue Reading »
A persistent problem with trying to analyze higher education is a lack of information about student financial resources. Fortunately, IPEDS has recently started to release some to this information. It’s not perfect, as it only counts “full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who received Title IV federal student aid,” but itContinue Reading »
The question “why does tuition keep increasing?” is one of the most important questions in all of education policy. But the most common answers to this question—that it’s a result of inadequate state funding, increases in faculty compensation, or even that it might not be rising at all, are individually and collectively inadequate. Let’s take these explanations one at a time.
First up isContinue Reading »
Along with death and taxes, it has often seemed like rising tuition is an unpleasant reality that we have no choice but to come to terms with. But perhaps rising tuition isn’t inevitable.
While not many people have noticed, tuition has been falling at for-profit colleges. The graph below uses data from the Digest of Education Statistics and shows that after adjusting for inflation, tuitiContinue Reading »
Last week we looked at which accreditors had the most lenient standards (by one measure anyway) for four-year colleges. Today, we’ll look at the same question for two-year colleges.
We identified two-year colleges with possibly loose graduation requirements (colleges with a much higher default rate than we would expect based on their graduation rate*) and tallied the number of such colleContinue Reading »
Robert Kelchin brought our attention to a nice data visualization on default rates at Around Learning. Go check it out. On the last graph, you can look at default rates by accreditor, which prompted me to add accreditor information to our database.
Earlier this month we looked at which colleges may have had loose graduation standards by identifying colleges with a much higher default ratContinue Reading »
Our study, In Debt and In the Dark: It’s Time for Better Information on Student Loan Defaults, made two key points. First, we should hold colleges accountable for exceeding their expected default rates, rather than using a single rate for all colleges. Second, default rates are an important source of consumer information. But those are not the only two things we can learn from an examination ofContinue Reading »
Our new study, In Debt and In the Dark: It’s Time for Better Information on Student Loan Defaults, made two main points. First, we should improve the way we use default rates to hold colleges accountable by comparing expected to actual default rates rather than having a single cutoff that applies to all colleges (See a short synopsis).
The second point was that default rates are a great Continue Reading »