Posted inEducation, Higher Education

Analyzing Trends in Pell Grant Recipients and Expenditures

This post first appeared at the Brookings Institution’s Brown Center Chalkboard blog. The U.S. Department of Education recently released its annual report on the federal Pell Grant program, which provides detailed information about the program’s finances and who is receiving grants. The most recent report includes data from the 2013-14 academic year, and I summarize […]

Posted inEducation, Higher Education

New Evidence on the Bennett Hypothesis and Federal Student Aid

One of the eternal debates in higher education policy is the validity of the Bennett Hypothesis, first stated by William Bennett (President Reagan’s Secretary of Education) in 1987: “If anything, increases in financial aid in recent years have enabled colleges and universities blithely to raise their tuitions, confident that Federal loan subsidies would help cushion […]

Posted inEducation, Higher Education

Is “Overborrowing” for College an Epidemic?

As the Senate Health, Education, Labor, and Pensions Committee continues to slowly move toward Higher Education Act reauthorization, the committee held a hearing this week on the possibility of institutional risk-sharing with respect to federal student financial aid programs. This idea, which has bipartisan support at least in principle, would require at least some low-performing […]

Posted inEducation, Higher Education

Comments on the Brookings Value-Added Rankings

Jonathan Rothwell and Siddharth Kulkarni of the Metropolitan Policy Program at Brookings made a big splash today with the release of a set of college “value-added” rankings (link to full study and Inside Higher Ed summary) focused primarily on labor market outcomes. Value-added measures, which adjust for student and institutional characteristics to get a better […]

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