Here are four reforms that would be more cost-effective in improving access to higher education for poor and minority students than big-ticket ideas such as doubling the Pell Grant maximum award. And they need not cost more than what federal, state and local governments are already spending. Since the creation…

Regardless of how the student loan pause ends, in the long term there are better ways to deal with student debt than cancelling large chunks of it. There is no doubt that $1.7 trillion in student debt is a huge problem which has adversely affected the lives of millions of…

A recent GAO report shows how the costs of federally-financed loans have consistently been under-estimated over time. But it fails to recognize that bank-based student loans would have cost the federal government much, much more. The Government Accountability Office (GAO) recently was asked by House Republicans to examine the costs…

We don’t need to spend more money to reduce college costs and student debt while increasing access, quality, and relevance of higher education. I can think of lots of critical services in this country that could use more government support to make them work better. Health care, childcare, and public…

Competent Counseling for All. Relief for Borrowers Who Got Ripped Off. Optional Refinancing at reasonable cost to both borrowers and taxpayers. Student loan payments have been on pause for the past two years to give borrowers relief from the effects of the pandemic. But when the pause ends, millions will…

A different strategic financing model is needed to meet key higher education goals Countries around the world aim to make their higher education systems more affordable, sustainable, and equitable. Yet few if any have achieved all or even some of these goals. …

There is a way to make higher education affordable and sustainable without devoting a high percentage of GDP to higher education In countries around the world, a key objective in financing public higher education is to make it affordable to a broad range of the population. …

Would cancelling all student debts reduce the excessive reliance on such loans to pay for college? No, it wouldn’t. There are better ways to reduce onerous debt burdens. The $1.7 trillion in outstanding student debt has become a political lightning rod in this country. Millions of borrowers are struggling to…

Rather than adopting big ticket ideas such as making college tuition-free or doubling Pell Grants, here’s how we can fix paying for college in the U.S. without spending more money There are many domestic functions such as health care, child care, and public transportation that require additional government support to…