Topic: Affordability
Blog Post
November 16, 2020
Examining Institution-Level Income Distribution and Financial Aid Trends
New Report
In a 2019 report, we shared initial findings from a novel effort to compare key statistics on the income distribution of undergraduate populations and financial aid awards from three public sources: the Integrated Postsecondary Education System (IPEDS), Opportunity Insights, and the Common Data Set (CDS). Comparing these data sources across groups of higher education institutions organized by control (public or private) and admissions selectivity, we found that they presented similar income distributions, and…
Research Report
November 16, 2020
Comparing Public Institution-Level Data on Students’ Family Income and Financial Aid
In a recent research report titled “Better Than We Thought,” our team at Ithaka S+R compared Integrated Postsecondary Education System (IPEDS) data on the parental income distribution of entering college students with two other public sources of socioeconomic information on that population. In the report, we first checked the consistency of the income distributions reported by IPEDS with a more comprehensive dataset of tax records collected by researchers Opportunity Insights. Finding that, at the level of aggregate groups of institutions…
Blog Post
October 5, 2020
“Stranded Credits”
New Report Explores Scope and Effects of Transcript Withholding
In the past 20 years, over thirty-six million Americans have left higher education without earning a postsecondary degree or credential. Those with some college experience but no degree are often left in debt without the requisite labor market opportunities to pay it off, and can struggle financially for several years after dropping out. These impacts are particularly deleterious for students of color, who are often saddled with an…
Research Report
October 5, 2020
Solving Stranded Credits
Assessing the Scope and Effects of Transcript Withholding on Students, States, and 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…
Blog Post
April 3, 2020
Federal Relief Opportunities for Small Colleges and Universities
Update April 10, 2020: Since launching its relief programs on April 3, the Small Business Administration (SBA) has clarified that students employed by the institution should be counted as employees when determining eligibility for the Paycheck Protection Program and Economic Injury Disaster Loan (discussed below). As a result, many small colleges and universities may now exceed the 500-employee maximum and will no longer qualify for assistance through these programs. An institution with more than 500 employees may still be eligible…
Research Report
February 19, 2020
Expanding Opportunity for Lower-Income Students
Three Years of the American Talent Initiative
The American Talent Initiative (ATI) was formed in December 2016 to address a persistent issue—specifically, that the American colleges and universities with the greatest resources, and where students have the highest likelihood of graduating, have historically served far too few young people from low- and middle-income backgrounds. The American Talent Initiative has a goal to enroll an additional 50,000 low- and middle-income students at these institutions by the year 2025. ATI is on track to meet its goal. Between 2015-16,…
Blog Post
October 29, 2019
Do Emergency Micro-Grants Help Financially-Disadvantaged Students Succeed?
Over the last 10 years, tuition and fees at degree-granting institutions have risen by 27 percent, making it more difficult for students, especially those already struggling to cover basic needs like housing and food, to afford to remain in college in the face of unexpected financial trouble. In many cases, unpaid term balances prevent students from continuing in the current term or enrolling in the following one, and as a result, students dropout or are automatically dropped. Unpaid balances…
Issue Brief
October 2, 2019
The Strategic Alignment of State Appropriations, Tuition, and Financial Aid Policies
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…
Issue Brief
April 4, 2019
The Market, the American Dream, or Dreams of the Lottery
The Robert H. Atwell Plenary Address, ACE 2019
This paper was originally presented on March 10, 2019, as the Robert H. Atwell Plenary Address at ACE 2019 in Philadelphia. The income disparity in our country has been growing for 40 years, and this increasing inequality is putting pressure on the social cohesion of our nation. Commitment to our country’s institutions, including colleges and universities, and values, including equal opportunity and economic and social mobility, depends on everyone feeling that these institutions and values serve their welfare and their…
Past Event
March 6, 2019
Catharine Bond Hill Joins the “Shark Tank” at SXSW EDU
On Wednesday, March 6, Catharine Bond Hill will take part in the “Shark Tank: Edu Edition” at the SXSW EDU Conference in Austin, Texas. The Shark Tank will run from 12:30 – 1:30 pm. Presented by The Chronicle of Higher Education, this fifth annual pitch-a-thon pays homage to the TV show, but with a twist. Our panel of experts bring a mix of viewpoints – from a journalist, an academic, and an entrepreneur – weighing in on transformative ideas from new…
Blog Post
November 20, 2017
Will Devoting Funds to Excelsior Help Students?
Free tuition at all public institutions in a state sounds great. Such a message could encourage students to attend college who would otherwise think it unaffordable, and/or could help students to stay in college. However, given the particular policies associated with New York’s Excelsior Scholarship, what the future holds for Excelsior Scholarship recipients may not be all positive. Due to these potential negative consequences, New York State’s funds for this program could be better spent expanding existing services…
Blog Post
November 20, 2017
Re-Thinking the Case for Free College
I’m all about college opportunity and success and love the idea of swinging the doors wide open. At first I was taken aback, to put it mildly, by the notion of “free college,” but my thoughts are evolving. The idea may be worthwhile for what it’s doing to galvanize public attention to higher education finance. Whether it is viable public policy, from a practical political standpoint or a social equity perspective, however, depends on our willingness to look at the…
Blog Post
November 13, 2017
How Research Can Fuel Action to Address Food and Housing Insecurity on American College Campuses
Editor’s note: We asked Sara Goldrick-Rab, a panelist for our Higher Ed Insights Survey, to contribute this blog post based on her open-ended comments on the 2017 survey. It’s been nearly a decade since my team first started studying food and housing insecurity among college students. To be honest, it wasn’t part of the plan. We were in the midst of a study on the impacts of a private financial aid program in Wisconsin. We expected to learn…
Blog Post
November 13, 2017
How Policymakers Can Help Institutions Support Financially Insecure Students
Editor’s note: We asked Rachel Dykstra Boon, a panelist for our Higher Ed Insights Survey, to contribute this blog post based on her open-ended comments on the 2017 survey. Ask any teacher (pre-school through graduate school) for an example of a student with food, housing or financial struggles affecting the learning experience and heart-breaking stories will follow. Quantitative and qualitative research over the past several years has pointed to the growth in this demographic of college students as the country…
Blog Post
October 31, 2017
In New Survey, Higher Ed Insiders Share Concerns about Impact of Federal Policy Changes under President Trump
In May and June of 2017, we surveyed the Ithaka S+R Higher Ed Insights panel—164 senior leaders and experts at colleges and universities, associations, research groups, and philanthropies—about the state of higher education and the likely impact of recent events and trends. (You can learn more about our Higher Ed Insights Project here.) Today, in “Higher Ed Insights: Results of the Spring 2017 Survey,” Rayane Alamuddin, Daniel Rossman, and I report the findings of that survey. While respondents…
Blog Post
August 30, 2016
Can Financial Aid for Non-Traditional Education Programs Help Low-Income Students?
Last October, the federal Department of Education announced the launch of Educational Quality through Innovative Partnerships (EQUIP), a pilot program inviting partnerships between non-traditional education providers and accredited institutions of higher education. A key component of the program is its target population: low- and moderate-income students. Under a provision of the Higher Education Act, accredited institutions are ineligible to receive federal financial aid for programs in which 50 percent or more of the content and instruction is provided by…
Blog Post
July 14, 2016
Does Financial Aid Help Those Who Need it Most?
As tuition and fees at public and private not-for-profit four-year institutions continue to rise, so does the role of financial assistance, particularly for low- and moderate-income students. Yet, recent reports show that the distribution of financial aid is far from equitable. Last month, an Atlantic article highlighted an array of college-affordability efforts–including private and employer grants, the federal work-study program, and federal tax credits–that often fail to provide financial assistance to those that need it most. For instance,…
Blog Post
June 9, 2016
Optimizing for the Adult Learner
Roughly 70 percent of today’s college students are “nontraditional students,” meaning that they are over the age of 24, commute to campus, work part or full-time, are financially independent, or have children. Some enter college with only a GED, while others are reentry students with previously earned credits from multiple institutions. Many of these students are low-income, the first in their families to attend college, or come from underrepresented racial and ethnic groups. Despite this new majority, most institutions…
Blog Post
May 18, 2016
Will Easing the Financial Burden of Dual Enrollment Improve College Outcomes for Low-Income Students?
As I’ve noted previously, the percentage of low-income (family income in the bottom 20 percent) high school graduates that have enrolled in two- and four-year institutions declined from 55.9 percent in 2008 to 45.5 percent in 2013. Studies examining dual enrollment programs—in which students take courses for college credit while still in high school—have found that participating in such programs increases the likelihood of college degree attainment, especially for low-income students. Yet low-income students tend to have…
Blog Post
April 4, 2016
Trends in College Net Price for Low-Income Students
Last week, New America’s Stephen Burd published a report showing that low-income students who receive Pell grants still face a substantial financial burden to attend college, especially at private not-for-profit institutions. Looking at the average net price—“the average amount of money that students and their families have to pay after all grant and scholarship aid is deducted from the listed price”—of low-income students attending 1,400 four-year institutions, Burd found that 94 percent of the private not-for-profit institutions he studied…