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August 1, 2024
Financing Graduate Education: Next Steps for Federal Policy
Key Points Read the full pdf.
June 27, 2024
New Legal Roadblocks for Biden’s Student Loan Forgiveness Crusade
Last fall President Biden announced his “Plan B” for student loan cancellation after the Supreme Court ruled his initial efforts unconstitutional. Plan B, named the Saving on a Valuable Education (SAVE) Plan, was an attempt to eliminate the burden of student loans by lessening how much borrowers needed to repay. But this wasn’t in the spirit of…
May 29, 2024
Holding out Hope for a Left-Right Consensus on Federal Student Lending
For as long as we can remember, Republicans and Democrats have been talking past one another when it comes to federal student loan policy. Both sides of the aisle want students from all backgrounds to have access to a valuable and high quality education, but where progressives prioritize federal support, conservatives call for reining in…
May 9, 2024
FAFSA Flop: What Is Going On with the 2024–25 Cycle?
Event Summary On May 9, AEI hosted a panel conversation with AEI’s Beth Akers and Michael Brickman, Karen McCarthy of the National Association of Student Financial Aid Administrators, and Mark Kantrowitz. As experts in higher education and finance, the group discussed why the Free Application for Federal Student Aid (FAFSA) needed to be simplified, the…
April 10, 2024
Biden Irresponsibly Encourages Borrowers to Enroll in SAVE Plan
President Biden is hard at work encouraging student borrowers to enroll in his new SAVE Plan, a de facto loan forgiveness program that faces increasing legal scrutiny. 11 states, led by Kansas, filed a lawsuit. Just recently, Missouri and six other states announced that they would also sue the Biden Administration, bringing the total to 18 states. He…
April 3, 2024
Feds Should Take a Big Step Back on Student Loans
The federal student loan program has gone off the rails. What was first designed as a program to alleviate the liquidity problem students face when paying for college is now an out-of-control entitlement program that rewards students for spending as much as possible on higher education, causing tuition costs to skyrocket in turn. Biden’s reforms…
February 9, 2024
The Upside of the College Enrollment Downswing
Enrollment in education after high school peaked in 2010, with 21 million students enrolling in two-or four-year degree programs that fall. Since then, enrollment has steadily declined, and even projections that predict a modest increase in the coming years top out at 20 million enrollees in 2031. The steepest declines in enrollment were seen at two-year colleges,…
October 26, 2023
New Report Sheds Light on Expansive Biden Student Loan Forgiveness Scheme
Last week, the Urban Institute published a new report examining, in detail, the implications of President Biden’s latest scheme to forgive as much student debt as possible before the next election cycle: the SAVE repayment plan. This report brings much needed clarity to the question of exactly how Biden’s misguided attempts to forgive student debt through executive…
October 20, 2023
Value Needs to be the Next Buzzword in Higher Education
For a long time, advocates and policymakers in the higher education space were fixated on improving “access” to higher education. As a society, we recognized that higher education was a powerful tool for promoting social mobility, and helping people born into lower-income households advance financially and pursue fulfilling careers. We also realized that higher education…
October 17, 2023
Measuring Value in Higher Education
Event Description As Republicans and Democrats on the Hill and in state legislatures nationwide seek to address the rising debt burden facing college graduates, new focus has been placed on institutions of higher learning and how well they prepare graduates for entering the workforce and paying off accrued debt. This event explores the prospect of…