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March 13, 2025
Trends in Net College Tuition and Financial Aid, 1990–2020
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…
November 20, 2024
Eliminate Federal Lending to Graduate and Professional Students; Revenue to Fund Block Grants to States
Graduate student lending is out of control. Students are effectively borrowing without limit to pay for graduate and professional schools, many of which offer little or no return on their investment. The status quo is untenable for both students, who bear the risk of taking on unaffordable debts amid uncertainty about the future of forgiveness…
October 2, 2024
Higher Education: Making Education Beyond High School Work for All
Executive Summary and Introduction: For generations, society has told high school students that college is a great investment. The case is familiar: college graduates typically earn more money than their peers without degrees, and a college education is necessary for the 21st century labor market. For low-income students especially, college has been sold as a…
August 1, 2024
Financing Graduate Education: Next Steps for Federal Policy
Key Points Read the full pdf.
December 8, 2023
A Framework for Reforming Federal Graduate Student Aid Policy
EXECUTIVE SUMMARY Driven by increases in graduate enrollment and the availability of uncapped loans, graduate debt has become a growing share of federal student lending. Most of the growth in the average and overall levels of student indebtedness in the past fifteen years has been driven by graduate student debt. Despite being just 21 percent…