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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 23, 2024
Biden’s Unending Student Loan Forgiveness Run
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 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…
May 9, 2024
The Federal Student Loan Program Is Unraveling
The Biden administration recently announced its most ambitious attempt yet at student debt forgiveness. Taken together with the series of initiatives the administration has already pushed forward, the new plans promise to reduce or eliminate student debt for more than 30 million borrowers. Unfortunately, the debt-cancellation campaign fails to address the underlying problems with student lending — and such efforts at mass forgiveness only…
May 6, 2024
How Much Are You Willing to Spend on Student Loan Forgiveness?
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…
May 4, 2024
Make Parents Pay for Kids Who Miss School To Curb Chronic School Absenteeism
The COVID pandemic has ebbed, but one of its most damaging long-term effects has not. Chronic school absenteeism — collateral damage from students accustomed to staying home for alleged online learning — persists across the country. In New York City, a stunning four in 10 students — some 353,000 — were chronically absent, for the last full school year…
May 2, 2024
A New Lost Generation: Disengaged, Aimless, and Adrift
More than a quarter of America’s school-aged children were absent from school 10 percent or more of the time last year. There’s no shortage of explanations on offer for this surge in “chronic absenteeism,” mostly blaming the Covid-19 pandemic and its aftermath: lockdowns; lowered expectation; health and hardship; bullying and school safety issues. Remote learning…
May 2, 2024
Q&A: A Conservative Vision for Education
We just published a new book, Getting Education Right: A Conservative Vision for Improving Early Childhood, K–12, and College. As the title makes clear, we unabashedly make the case for a conservative approach to education. But we think it’s important to clarify the kind of “conservatism” we have in mind. We’re not talking about politics. We’re not politicos…
May 1, 2024
Getting Higher Education Right
Higher education has a vital role to play when it comes to safeguarding the store of human knowledge, promoting scientific inquiry, and teaching wisdom to the next generation of civic and community leaders. But rising costs, bureaucratic bloat, double standards, and campus sloth have come to plague America’s colleges and erode Americans’ faith in them….
April 22, 2024
John Silber, the Campuses Have Need of You
The anti-Israel demonstrations at Columbia University, among other colleges and universities, may be, for many involved, simply about venting anger or rage. But at Columbia, they do make a specific demand: that the university divest its endowment from firms involved in the Israeli economy. A December 1 document signed by 89 student groups—ranging from the Young…