Today, approximately 43 million Americans hold a federal student loan. When these borrowers fall behind on payments, they become delinquent on their loans; once the loans reach 270 days past due, borrowers are in default. As of March 2021, roughly 1 in 5 borrowers was in default, according to data from the U.S. Department of Education. Failing to…

More than a million federal student loan borrowers default each year, and the U.S. Department of Education reports that as of June 2020, roughly 1 in 5 borrowers with federal student loans was in default. Since that time, the coronavirus pandemic and related economic downturn have continued to take a significant toll on households and businesses…

By many measures, Philadelphia is on an upswing, with a growing population, an influx of new investment, and rising household incomes. Yet at the same time, a significant share of the city's residents are struggling. More than a quarter--about 400,000 people--live below the poverty line, which is about $19,700 a year for an adult with two children…

This report examines how a new, comprehensive state education funding formula, if adopted by Pennsylvania, would impact the School District of Philadelphia. After comparing Philadelphia with 10 other big city districts across the country, the analysis concludes that a state formula based on district needs, demographics, and ability to pay--such as…