Southern New Hampshire University is one of the latest higher education institutions to dedicate resources toward helping undocumented students, by promising to provide 1,000 students protected under DACA with full scholarships to pursue bachelor’s or associate’s degrees over the next five years.
ACE Senior Vice President for Government Relations and Public Affairs Terry Hartle sat down with Purdue University President Mitch Daniels to talk about some of the economic and policy issues facing higher education—from student debt and rising tuition costs to the value of higher education, among others.
The National Center for Education Statistics recently released a First Look report that illustrates some key findings regarding financial aid based on data from the 2015-16 National Postsecondary Student Aid Study (NAPSAS:16).
The University of Northern Iowa has decreased student debt upon graduation by an average of $3,300 per borrower since 2010. President Mark Nook discusses the cornerstone of that success—Live Like a Student, the university’s counseling and financial literacy program.
The report found that while Pell eligibility does not necessarily increase or change the likelihood of a student choosing to go to college or not, relatively small additional grant aid at college entry substantially increases college completion and earnings.
Recent surveys demonstrate that many college students do not know whether they have borrowed or how much debt they have accrued during college. What can higher education institutions—and the federal government—do to help?
Federal Student Aid, an office within the Department of Education, recently released new data on the characteristics of federal student aid recipients, including student loan borrowers by institutional type, age, debt size, and location; grant and loan disbursements by age and location; and direct loan disbursements by programs of study.
Year-round Pell Grants were recently reinstated, having previously been implemented for academic years 2009-2010 and 2010-11. A timely working paper released by the Community College Research Center at Columbia University examines the effect of year-round Pell Grants on the likelihood of completing an associate degree.
A recent blog post from The Brookings Institution discusses findings from their report on trends in student borrowing across sectors. Overall, the authors found that patterns for borrowing in the for-profit sector are similar to the private nonprofit sector in that students enrolled in these institutions are much more likely to borrow, tend to borrow larger amounts, and supplement federal funding with money from non-federal sources.