January 10, 2019
Higher education plays a vital role in raising income, moderating income inequality, and increasing economic growth and global competitiveness. But U.S. higher education attainment continues to lag for lower-income and underrepresented-minority students, particularly at the colleges and universities that have the most resources and the highest graduation rates. As a stark example, research by economist Raj Chetty and his team found that there are more students from the top one percent of the income distribution at the Ivy-Plus colleges than…
December 17, 2018
This report offers the first look at the progress achieved during the American Talent Initiative’s first two years. Between the 2015-16 academic year (the year before ATI’s founding) and the 2017-18 academic year, ATI members increased their enrollment of low- and moderate-income students by 7,291, an increase that represents about 15 percent of the 50,000-by-2025 goal, achieved by about a third of eligible schools. During this period, more than two-thirds of ATI members increased Pell enrollment, and for about half…
May 22, 2018
In the Public Interest?
The fact that a handful of colleges and universities control billions of dollars in endowment funds has captured the attention of Congress and the public. Is it in the public interest for these institutions to continue to receive the full exemption from income taxation for the donations to and income from endowments? The passage of the recent federal tax bill, the Tax Cuts and Jobs Act, which imposes an excise tax of 1.4 percent on the net investment…