This Data Point is based on data from four iterations of the National Postsecondary Student Aid Study (NPSAS), a large, nationally representative sample survey of students that focuses on how they finance their postsecondary education. This Data Point includes data on the percentage of total price of attendance covered by Pell Grants and the…

This Data Point focuses on undergraduate program completers, that is, undergraduates who completed or expected to complete a degree or certificate program in academic years 1995-96, 1999-2000, 2003-04, 2007-08, 2011-12, or 2015-16. It compares their student loan borrowing rates and average cumulative amounts borrowed across five age groups and…

This Data Point is based on data from four iterations of the National Postsecondary Student Aid Study (NPSAS), a large, nationally representative sample survey of students that focuses on how they finance their postsecondary education. This Data Point includes data on the percentage of total price of attendance covered by Pell Grants and the…

Packed within the big bundle of worries that high school students and their parents bring to the college admission process, the bulkiest item is often how they will pay for it. And too often, experts say, it is not about lacking money, but lacking information. There is often a lot of confusion about college costs, and while it might simply…

International higher education is facing increasing competition and pressure from new market entrants, who are introducing disruptive models of delivering more affordable education on scale. Higher education is definitely more than ever at a crossroads in terms of securing its future existence, which is why it becomes essential for academic…

Do students respond to sticker prices or actual prices when applying to college? These costs differ for students eligible for financial aid. Students who do not understand this may not apply to some colleges because of the perceived high cost. We test for this form of "sticker shock" using College Board data on SAT scores sent, as a…

The development of cost-efficient pathways is a topic of increasing political and scholarly interest across many North American jurisdictions. It has been suggested that 'seamless' transfer pathways can provide financial savings to both students and taxpayers. However, such claims are typically based on hypothetical cost calculations, as opposed…

Families are now an undeniable part of prospective students' college search process. As American higher education stands at the precipice of profound demographic shifts, colleges and universities must reexamine how they engage not just prospective students, but their families as well. In collaboration with Ardeo and CampusESP, RNL collected and…

Affordability is considered a key predictor of college enrollment and academic success, yet higher education costs continue to rise. Over the past three decades, textbooks and course materials alone have increased almost three times the rate of inflation (U.S. Bureau of Labor Statistics, 2016). To identify the extent to which course material costs…

First-generation students are faced with different challenges when joining the institutions of higher learning. Some of the experiences encountered by these students when entering these institutions can disorient them in a manner that affects their learning abilities. For this reason, it is necessary to come up with an approach that enhances their…

Verification is a federally mandated process that requires selected students to further attest that the information reported on their Free Application for Federal Student Aid (FAFSA) is accurate and complete. In this brief, we estimate institutional costs of administrating the FAFSA verification mandate and consider variation in costs by…

The COVID-19 pandemic caused unique challenges to international students. Student Affairs and Services (SAS) across the higher education sector played a key role in supporting students and institutions during the pandemic. This article reports the findings of an exploratory survey with SAS practitioners from around the globe on the ways in which…

With student loan debt reaching approximately $1.6 trillion, many are concerned that student loans may be the next financial bubble to burst. CARES Act funding and U.S. Department of Education actions led to historically low levels of delinquency in 2020-2021. However, there is concern that issues will balloon as soon as governmental action and…

This study addresses the problem of low-income, first-generation college students who are academically successful, but choose to leave college before finishing due to financial constraints. This study investigates their lived experiences as well as the effects of a peer mentorship program where incoming, first-year, low-income, first-generation…

The economic and social landscape that young people encounter today is substantially more complex and challenging than the one faced by earlier generations. Technological change and globalization have transformed the labor market, increasing the value of postsecondary education and hollowing out industries that once employed many workers who had…