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May 22, 2025
Key Points Introduction Thirty-five million federal student loan borrowers went back into repayment in October 2024 after the government had suspended their student loan payments, in effect, for four and a half years. Already, delinquencies have shot up, and a wave of loan defaults looms. Borrowers will feel the pain—but so will the federal budget…
May 14, 2025
Key Points Read the full PDF. Read a brief with the research highlights. Executive Summary The COVID-19 pandemic and schools’ responses to it resulted in learning loss that reversed two decades of progress on student achievement and drove chronic absenteeism to unprecedented heights. Yet graduation rates did not fall over the same period— instead, they…
May 7, 2025
Musical chairs is one of the first games we play as children. The rules are simple: there are fewer chairs than players. When the music stops, someone ends up standing. Not necessarily because they weren’t fast enough—but because the game was designed for someone to lose. Now imagine blaming the child for losing. We question…
April 28, 2025
Along with many other controversial issues in 2025, Americans are at odds over the merits of tariffs. Underlying this debate is a more specific one—the impact of increased trade with China over the past 25 years on American manufacturing employment. Advocates of tariffs hope they will bring back blue-collar jobs, to which they ascribe special…
March 24, 2025
A well-designed property tax abatement program can dramatically shift project economics by temporarily reducing tax burdens, making new housing development financially viable—without requiring government subsidies. Philadelphia’s 10-year tax abatement is a powerful example: a simple policy that helped reverse decades of decline by unlocking private investment and spurring the construction of tens of thousands of…
March 13, 2025
Key Points Introduction College costs are out of control—or so the narrative goes. In recent years, a counternarrative has emerged that argues, correctly, that the meteoric rise in the sticker price of college is misleading. Net college tuition, or tuition after financial aid is applied, has risen far less quickly than sticker price tuition and…
March 10, 2025
Key Points Introduction By now, the awful results from the 2024 National Assessment of Educational Progress (NAEP)1 have been publicized, chewed over, and digested—and they are already moving into the rearview mirror as states, school districts, and teachers fall back into the comfortable routine of doing the same thing over and over again. But continuing that…
February 24, 2025
Key Points Introduction The year 2019 marked a dramatic turning point in the national discourse on higher education policy. On April 22, 2019, Senator Elizabeth Warren, vying for the Democratic nomination for president, announced that as president she’d cancel up to $50,000 of student debt for 42 million Americans.1 She started a chain reaction, with each…
February 18, 2025
Key Points Read the PDF. Introduction America is in a baby bust, with birth rates hitting record lows and still falling. Young Americans are getting married later and less. Meanwhile, parents face rising stress, and children suffer an epidemic of anxiety. The family is the fundamental building block of a society, as the cell is…
January 30, 2025
Key Points Read the PDF