November 25, 2024
Education Secretary nominee Linda McMahon, a former administrator of the Small Business Administration, is a proponent of expanding Pell Grants to short-term workforce education programs. In a September op-ed, McMahon boosted the Bipartisan Workforce Pell Act, which would allow students to use Pell Grants for high-quality workforce education programs as short as eight weeks in duration (the…
November 20, 2024
President-elect Donald Trump and his top advisors have announced plans to create a Department of Government Efficiency (DOGE), a commission tasked with slashing wasteful spending throughout the federal budget. One place they could start is the federal student loan program. The federal government loses tens of billions of dollars per year on lending to graduate students, a…
October 23, 2024
The number of first-year students on America’s college campuses dropped five percent this fall, according to the National Student Clearinghouse Research Center’s new enrollment estimates. The drop—which reverses last year’s four percent increase in freshman enrollment—is directly attributable to the Education Department’s bungled launch of a new financial aid application form, which prevented hundreds of thousands of students…
October 3, 2024
America will have a new president and a new Congress in 2025, and with that change comes the opportunity to rethink federal policy towards higher education. The federal approach suffers from many problems, but the core one is that federal subsidies indiscriminately fund traditional colleges, regardless of their financial value, and shortchange promising alternatives, such…
September 16, 2024
The Congressional Budget Office (CBO) has published a new report on federal student loan repayment, and the picture isn’t pretty. Six years after first entering repayment on their loans, over half of borrowers owe more than they did when they started repayment. This disappointing fact is partially the result of a program that, ironically, was meant to…
September 11, 2024
High school seniors fretting over whether they’ll receive a college acceptance letter can sleep a little easier. College admissions rates, which had been declining for decades, are now on the upswing. Indeed, most colleges now accept a greater share of their applicants today than they did twenty years ago. Until recently, rising admissions rates were far…