From 2000-2001 to 2010-2011, the total amount of federal financial aid awarded to students under Title IV of the Higher Education Act (HEA) jumped from $64.0 billion to an estimated $169.1 billion, a 10-year increase of 164%. For 2010-2011, the Title IV programs accounted for 72% of the $235 billion in total financial aid received by college…

As college costs have soared and the U.S. economy struggles to move out of the recession, more and more Americans have relied on federal student financial assistance programs to help them meet their postsecondary expenses. Data from the Federal Student Aid (FSA), an office of the U.S. Department of Education (ED), show that the number of students…

While the effects of the shift from need- to merit-based grants on student enrollment and receipt of aid have been examined thoroughly by a number of analysts, very few recent reports have examined the effects of these grants on students' persistence towards completing bachelor's degrees. To examine this issue, this report explores the linkages…

In any given year, there are approximately 800,000 youth in the foster care system. These are young children and adolescents whose parents are deceased or who have been subjected to some form of neglect or abuse. They are considered "wards/dependents of the court" and placed in the foster care system, making them the legal custody of the state.…