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July 15, 2024
Believe it or not, the 2024–25 school year will begin in some parts of the country in less than a month, and students will return to school. Whether they return to school consistently is the most important question at the opening of this school year. Whether schools, districts, and states make chronic absenteeism their top…
May 23, 2024
On Tuesday, the Biden administration announced $7.7 billion in student debt cancellation for about 161,000 borrowers, equating to about $48,000 per borrower. Compared to what has already been spent on loan forgiveness since the pandemic began, that’s an enormous drop in a gargantuan bucket. AEI’s Student Debt Forgiveness Tracker, which I run, tracks all student loan revenue from…
May 6, 2024
Last Wednesday, the Biden administration announced $6.1 billion in student debt cancellation for over 300,000 borrowers who attended the Art Institutes, a defunct network of for-profit colleges that, according to the Department of Education, defrauded borrowers. This cancellation is generous—all borrowers, regardless of their current economic circumstances, who attended the Art Institutes between 2004 and 2017 will have their…