Browsing social media during back-to-school time, one frequently encounters pleas from teachers to help purchase classroom supplies through #clearthelist campaigns or to support their class' DonorsChoose projects. At a time of historically high levels of education spending, why do teachers require additional assistance to meet basic classroom…

Today, institutions of higher education may charge whatever they wish for the education they provide, and the government provides the capital for student's tuition through loans without institutions bearing any meaningful risk if students do not repay. Naturally, this drives up costs and borrowing. On top of tuition and fees, students can borrow…

By the end of March 2020, all public schools in the United States were closed to slow the spread of the novel coronavirus SARS-CoV-2. More than 50.8 million children stayed home as school systems scrambled to transition to remote or hybrid learning platforms. While the decision to close schools was difficult, the debate over when and how to reopen…

Federal free-college policies are now at the center of the Democratic higher education agenda. Sen. Bernie Sanders helped move the idea into the mainstream during the 2016 presidential campaign, and other lawmakers have since worked to advance the policy in Congress. Joe Biden effectively put free college on the ballot in 2020 when he fully…

At the end of 2019, 43 million Americans owed over $1.5 trillion in federal student loans. The rapid increase in these balances over the past decade has led many to deem student debt a "crisis." Now, there is growing support among Democratic policymakers, and even some Republicans, to immediately cancel all or most of the federal…

Homeschooling can be challenging. Particularly as children age, parents can find themselves out of their depth trying to teach more advanced coursework. Many families also want their children to be part of a community while still maintaining primary control of their child's education. For them, traditional schools (whether public or private,…

In most schools, the end user of education products and programs--the teacher--has little or no control over what gets purchased; education products and programs are bought for teachers by school and district leaders. This top-down purchasing system creates three hurdles to effective education procurement: (1) half-baked implementation of new…

The federal government's Direct Loan program dominates the student-loan market today, issuing 90 percent of all loans made across the country each year. Students pursuing everything from short-term certificates to master's degrees qualify for nearly $100 billion in loans every year at terms more generous than most private lenders would offer.…

As school choice programs expand in the United States, it is crucial to consider how the design of these programs shapes the supply and demand of parents' educational offerings. To better understand the school choice landscape from the viewpoint of current and would-be participants in choice programs, the authors administered an extensive survey…

Rapid increases in what colleges charge and what they spend per student have been and remain one of the most controversial aspects of American higher education. Tuition, fees, and other college charges have increased in both the public and private sectors at more than twice the rate of inflation for over a quarter century. Trends over time in what…

Higher education productivity, as measured by academic degrees granted by American colleges and universities, is declining. Since the early 1990s, real expenditures on higher education have grown by more than 25 percent, now amounting to 2.9 percent of US gross domestic product (GDP)--greater than the percentage of GDP spent on higher education in…

In this article, the author offers a comprehensive reform agenda for policymakers interested in cost containment. Massy lays out a series of initiatives that, working in tandem, can promote the larger goal of compelling colleges to spend money wisely. Among the individual reforms Massy proposes are creating a national database of cost-containment…

Many more factors figure into the cost of a bachelor's degree than just tuition. Depending on the type of college or university, as well as its level of selectivity, taxpayers may contribute a substantial tax subsidy or, in rare cases, receive a moderate net "profit" per bachelor's degree. It is important to consider all of the costs and…

In this paper the author explores how colleges whose primary mission is undergraduate education can strategically allocate resources in a way that reduces costs and prioritizes teaching and learning. He starts from a provocative thought-experiment--what would it cost to educate undergraduates at a hypothetical college built from scratch?--and uses…

In this paper the author offers practical advice for decision-makers who are struggling to rein in college costs while improving productivity. He provides a step-by-step guide to different approaches for calculating costs, highlights the tremendous variability in cost across programs within institutions, and documents some of the "hidden…