Category: Education Economics

August 1, 2022

Officials at the Education Department have developed plans to cancel student debt for millions of borrowers, awaiting a final decision from President Biden, as reported by Politico Thursday. Biden is considering providing $10,000 of debt relief per borrower, a decision […]

July 21, 2022

For those looking at college as a path to a career rather than a four-year pit stop, the lack of inexpensive, speedy options is a big problem. For huge numbers of high schoolers, it can be a deal breaker. Moreover, […]

July 20, 2022

In January, New York Gov. Kathy Hochul announced that, effective immediately, the State University of New York system was no longer withholding transcripts from students who owed outstanding balances. The move benefited thousands of students. Transcript holds prevent students from […]

July 15, 2022

A new study from the Century Foundation released Thursday found that graduates from cosmetology schools are making near poverty-level wages, and that almost half of the colleges in the industry—42 percent—would fail under the Education Department’s proposed gainful-employment rule. The […]

July 8, 2022

Dartmouth College’s Tuck School of Business on Thursday announced the largest gift commitment in the school’s history — a $52.1 million anonymous pledge to endow a recurring summit that convenes global leaders from the private and public sectors, academic researchers […]

July 6, 2022

A group of 180 national and state organizations urged President Biden to extend the student loan payment pause, which is set to expire in just under two months on Aug. 31, in a letter sent June 30. The payment pause, […]

July 5, 2022

Moody’s finds good news and some risks in a new report on public college and university finances. “Improved state support and one-time federal pandemic relief along with expense cuts underpinned stronger operating performance for public universities in fiscal 2021,” according […]

June 29, 2022

Community college faculty groups, claiming local officials are misspending money meant to hire more full-time professors, have won the attention of state lawmakers who ordered an audit that will be conducted this year. At issue is $100 million lawmakers approved […]

June 27, 2022

A University Professor in Economics and the College and the Harris School of Public Policy, Director of the Development Innovation Lab, Michael Kremer, joins Paul E. Peterson to discuss Kremer’s latest working paper, which examines the impact of enrolling in […]

June 22, 2022

A district’s credit rating is an indicator of fiscal health and is taken into consideration when school systems seek loans and refinance debt. Higher credit ratings could result in lower interest rates for loans. Several independent companies provide credit ratings […]

June 21, 2022

Colleges that have dropped loan requirements argue that doing so helps recruit more students from low-income backgrounds, as they would otherwise pay high tuition and fees. No-loan practices have been shown to help those from modest means, to an extent. […]

June 10, 2022

While U.S. Secretary of Education Miguel Cardona has continuously pushed for states and districts to use pandemic relief and recovery funds to address the teacher shortage crisis, he announced Thursday how American Rescue Plan fund investments to support the teaching […]

May 31, 2022

On May 16, I sat in on May’s Public Policy Pop-Up at the American Council on Education, The Policy and Politics of Student Loan Forgiveness, with Terry Hartle and Jon Fansworth. I try to attend these monthly sessions when possible […]

May 24, 2022

The lawsuit is at least the second complaint filed against the Ed Department in recent months seeking to resolve outstanding group borrower defense claims. The borrower defense rule allows students whose institutions defrauded them to have their federal student loans […]

May 20, 2022

Later this month the State University of New York (SUNY) will represent the United States in the Global Dialogue on Microcredentials, sponsored by the European Union’s Erasmus+ Programme. SUNY is the nation’s largest comprehensive system of higher education with 64 […]

May 20, 2022

Colleges have long used grants, fellowships and scholarships to entice students to enroll or help them afford the cost of college. The rates at which they discount tuition are closely watched in light of concerns about the cost and value […]

May 16, 2022

Roughly 42 million borrowers are covered by a federal student loan repayment pause that began in March 2020 because of the coronavirus pandemic. While the freeze was meant to offer relief to those with student loan debt, the Philadelphia Fed’s […]

May 12, 2022

The headline of an editorial in the Lowell (Massachusetts) Sun contains a disconcerting but certainly accurate message: That the state’s system of post-secondary education is on a “Collision course of unsustainable higher-ed costs.” Inflation, the emergence of new fields of […]

April 29, 2022

Legislative leaders agreed this week that giving schools billions of dollars more in unrestricted funding would be their top priority in negotiations with Gov. Gavin Newsom over next year’s bountiful state budget. On Thursday, Senate President pro Tem Toni Atkins, […]

April 19, 2022

The Education Department today announced changes to two key student loan programs: the public service loan and income-driven repayment programs. The changes would “fix long-standing failures” in the programs, department officials said. After the changes are made, 40,000 borrowers will […]