tag: Joyce Foundation

Increased college-going and attainment comes with a host of benefits for individuals and society. A college credential is associated with increased civic engagement, volunteering, happiness, life satisfaction, and better health and wellness, as well as lower incarceration rates and reliance on social services. In addition to the host of nonpecuniary benefits of higher education, there is a direct link between both college access and attainment and students’ future economic outcomes. For example, students with test scores just above the eligibility…

The effects of the COVID-19 pandemic are still unfolding, but already the pandemic seems likely to have an unprecedented impact on higher education finances. In response to declining tax revenues, states are beginning to curtail higher education funding, a key source of revenue for many public colleges and universities. Changing enrollment patterns and rising unemployment has softened demand for some colleges, which can negatively affect tuition revenues. Limitations on in-person activities and increased health-related costs are shrinking auxiliary revenues, a…

With a pandemic-driven recession and unemployment stratified by postsecondary attainment levels, investments in education, including higher education, are needed now more than ever. Yet, the outlook for state finances is grim, especially if federal investment stalls, and shrinking budgets and financial instability are likely to lead to reductions in state spending. As we discuss in a companion brief, during times of constrained resources, states’ playbooks should include three key elements: ensuring that higher education funding is adequate, ensuring that institutions…

Attention to the burden of U.S. educational debt, now at $1.7 trillion, has grown in recent years. For too many former postsecondary students—especially Black students—debt they took on to improve their lives and career prospects has instead become a financial hindrance, delaying or undermining their efforts to buy homes, build savings, or provide for their families. The debt burden is especially severe for those who never completed their postsecondary program and therefore did not receive the credentials that might have…

Inequity in higher education access is a persistent problem. One way in which this manifests is through inequitable opportunities to attend the most well-resourced institutions. When students attend limited-resource institutions, they are less likely to persist and earn a credential and typically have weaker labor market prospects. Low-income and racial and ethnic minority students are more likely to attend under-resourced institutions than their wealthier and white peers. These enrollment patterns vis-à-vis institutional resources stand to perpetuate social and economic inequities.

Over the past decade, there has been considerable attention placed on the role that state higher education systems play in preparing residents for a rapidly changing labor market. Given the increasing importance of a postsecondary degree in this market—both due to disproportionate growth in high skilled jobs and an influx of credentialization—educational attainment has become a focal point in discussions amongst researchers, policy advocates, and institutional actors. The attainment rate, calculated as the share of adults possessing a postsecondary credential,…

For states to increase access to and attainment of higher education, they must implement policies and reforms that support learners who have not traditionally been well-served by higher education. By 2020, the United States is projected to have a shortage of five million workers with the adequate postsecondary education to fulfill workforce needs. States have a vested interest in and obligation to create multiple pathways to college enrollment and credential attainment that fit the needs of their diverse populations, not…

In response to the Great Recession in 2008 and 2009, states reduced their expenditures on many public services and goods, including substantial cuts to higher education spending. Despite a strong economic recovery since the Great Recession and significant increases in student enrollment, most states’ spending on higher education has not returned to pre-recession levels. Reductions in state spending and rising costs have led a number of public colleges and universities to increase tuition, making college less affordable for many students…

Higher education attainment goals can serve as a “north star” to guide states’ postsecondary policies, investments, and agendas. The extent to which state attainment goals lead to substantive improvements in college-going rates, college graduation rates, postsecondary credential attainment rates, and reductions in labor market skills gaps is as yet unclear. Further, the likelihood a state will meet its attainment goals varies by state and depends on contextual factors that are within and outside the purview of the education sector. In…