- Higher Education
- K-12 Education
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 »
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 »
For the past few years, anecdotal stories seemed to indicate that financial aid fraud was becoming a bigger problem. A new name was created for some of these fraudsters: Pell runners, which Kelly Field described as “a scam artist who bounces from college to college, staying just long enough to receive a Pell Grant.” And then there were the numerous stories about fraud rings.
Well, a new Continue Reading »
The Congressional Budget Office (CBO) released the May 2013 baseline cost estimates for the Pell grant and student loan programs. One of the things that jumped out at me was that for 2013 and 2014, the government estimates that it will make more money on student loans than it spends on Pell grants.
Indeed, if the CBO is right, then student loans are now a profit center for the goContinue Reading »
The high price of graduation. Between caps and gowns, yearbooks, class rings, and high school photos, the cost of graduating from high school has escalated over the last few decades. Families can easily spend thousands of dollars on graduation memorabilia—and that’s before going to college. (CNBC)
Occupy Cooper Union. Students at Cooper Union have taken over the president’s office after Continue Reading »
The Congressional Budget Office (CBO) released their latest estimates of Pell grant and student loan program costs for the next 10 years.
For the Pell grant, much of the attention focuses on the funding “shortfall” or surplus, which is unfortunate. This figure is important for Beltway insiders as they play their budget gimmick games, but has pretty much no real-world effect. The same goeContinue Reading »
Recently, several DC think tanks and advocacy organizations have issued a series of reports about how to improve and sustain federal financial aid programs. The recommendations have been varied – converting Pell grants into entitlements, consolidating duplicative federal loan programs, and holding institutions more accountable for student progress and completion. But there’s one thing that’s Continue Reading »
Evidence shows that the value of postsecondary degrees remains strong, but it is just unaffordable for many students and their families. Given that evidence, what could be done to encourage more students to enroll in and succeed in higher education? Certainly better preparation in high school is important. Equally important is making higher education affordable. In response to economic pressureContinue Reading »
The fifth capability of Education Sector’s new Higher Ed Data Central that we would like to highlight (see links for the first, second, third, and fourth capabilities) is the ability to develop input-adjusted measures. For example, the Department of Education recently released student loan default rates by college. A list of colleges with the highest default rates could be compiled, but would bContinue Reading »
Yesterday we introduced Education Sector’s new Higher Ed Data Central, a new analytical tool for higher education. We’ll be highlighting several of the capabilities of this new tool over the next few days, including ways to answer more common questions in higher education like “How much has tuition increased over the years?” to exploring under-examined data, and more.
Today wContinue Reading »