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In this paper—the first in a series of papers that will examine higher education quality assurance from a number of perspectives—Andrew Kelly and Kevin James argue that policymakers should rethink the US higher education system’s building blocks in a way that protects consumers and taxpayers while maximizing educational opportunity.
"Reinventing Financial Aid" presents innovations designed to improve grant and loan programs and the processes by which students can access them. Pushing past current debates, it also challenges leaders to think more boldly about policy design, examine the assumptions and incentives in the current system, and lay the groundwork for a fundamental rethinking of student aid programs.
The rising prices, in the cases of both housing and higher education, lead to cries that since the prices are now unaffordable, there has to be more credit. More (and more heavily subsidized) credit the politicians often enough deliver, and the escalation goes on.
Rationing federal credit through a more complex system involving individual loan underwriting that assesses the likelihood that a given borrower will be able to repay the debt, rather than through the flat borrowing caps that are in place today, could be a more effective way to protect consumers.
Much has been made recently of the rising cost of attending a four-year college. House Speaker John Boehner has decried the fact that “during the 1980s, the cost of attending college rose more than three times as fast as the typical family income,” and that “[t]his trend of rapidly-increasing...
This Center on Higher Education Reform report addresses America's failing student loan structure. The authors take an in-deth look at Income Share Agreements and their potential to replace traditional student loans.
AEI scholar Andrew P. Kelly reflects on the costly student aid system and its many failures - from the high schools that grant the diplomas to the colleges that gladly take Pell Grants from the underprepared to the students who fail to complete the courses.
Since the economic crisis, families have increasingly struggled with daily costs of living, let alone the cost of a college tuition. But, while the idea of a higher education "public option" may sound appealing, it does little to address the overall rising cost of higher education or student outcomes.
In this provocative volume, higher education experts explore innovative ways that colleges and universities can unbundle the various elements of the college experience while assessing costs and benefits and realizing savings.
Please join AEI for a panel discussion exploring these and other questions about this crucial case.
Join Lerman, Wilcox, and a group of distinguished scholars and commentators for the release of Lerman and Wilcox’s report, which examines the relationships among and policy implications of marriage, family structure, and economic success in America.
Please join AEI for a book forum moderated by Last and featuring five of these leading conservative voices. By the time the forum is over, attendees may be on their way to discovering an entirely different — and better — moral universe.
Join us, as experts discuss their predictions for whether the United States will strike a nuclear deal with Iran ahead of the November 24 deadline, and the repercussions of the possible outcomes.
Please join Author James Grant and AEI senior economists for a discussion about Grant's book, "The Forgotten Depression: 1921: The Crash That Cured Itself" (Simon & Schuster, 2014).