January 23, 2025
The National Student Clearinghouse (NSC) published its biannual report on college enrollment trends this morning, providing a comprehensive look at how student numbers totaled up in fall 2024. NSC’s preliminary figures, released in October, initially reported a significant drop in college freshman enrollment. That finding, however, was the result of a data error; this morning’s release of the…
January 21, 2025
Even before he took office, President Donald Trump was already securing major policy wins. Trump’s election induced the Biden administration to withdraw two pending regulations that would have canceled over $250 billion in federal student loans, without congressional approval. Biden officials judged that they did not have enough time to finalize the loan cancellation plans before the new administration takes over….
January 6, 2025
Over the holiday season, the Biden administration withdrew two pending regulations to unilaterally cancel hundreds of billions of dollars’ worth of student loans. Officials evidently judged that the administration would not have time to finalize and implement the new regulations before the Trump administration takes over. For the time being, loan cancellation by executive action is dead. But a…
December 18, 2024
How do you know if someone went to Harvard? They’ll tell you. If a recent Wall Street Journal story is any indication, though, that classic joke may soon be outdated. According to the Journal, some employers have dropped hiring preferences for graduates of elite universities—and a few even consider an Ivy League degree a black mark. The cases…
December 11, 2024
The promise of higher education is to equip students with new ideas and skills that will help them land higher-paying jobs. For many students, this dream comes true—but that is not what happens across the board. As college degree attainment has risen over time, many graduates find themselves taking jobs that traditionally belonged to those…
December 2, 2024
Key Points Executive Summary Higher education suffers from barriers to entry. Though the ranks of students at traditional colleges have grown by 29 percent over the past three decades, the number of active institutions has declined. Four in five students today attend an institution that was founded before 1970, and virtually none attend a school…
November 25, 2024
Education Secretary nominee Linda McMahon, a former administrator of the Small Business Administration, is a proponent of expanding Pell Grants to short-term workforce education programs. In a September op-ed, McMahon boosted the Bipartisan Workforce Pell Act, which would allow students to use Pell Grants for high-quality workforce education programs as short as eight weeks in duration (the…
November 20, 2024
President-elect Donald Trump and his top advisors have announced plans to create a Department of Government Efficiency (DOGE), a commission tasked with slashing wasteful spending throughout the federal budget. One place they could start is the federal student loan program. The federal government loses tens of billions of dollars per year on lending to graduate students, a…
November 1, 2024
The Biden administration unveiled its fourth major student loan cancellation scheme last week. While the administration’s past three cancellation plans have suffered defeats in the courts, officials apparently hope that things will be different this time. The new plan offers loan cancellation to borrowers experiencing “hardship.” If you’re wondering what “hardship” means, so am I. It is…
October 25, 2024
Republicans and Democrats alike agree about the importance of workforce training. They’re right: Despite a recent labor-market cooling, there are still 7.7 million unfilled jobs in the United States. Unfortunately, America’s workforce-education system is a patchwork of dubious efficacy. Workforce programs are underfunded, tangled in red tape, and often fail to achieve their goals. Fixing this is hard: There’s…