The path to economic mobility increasingly runs through postsecondary education. Although the combination of rising tuition prices and a difficult labor market have raised questions about the value of education after high school, degree and certificate holders are still better off than those with just a high school diploma. As a group, young…

Andrew Kelly, the director of the Center on Higher Education Reform at the American Enterprise Institute, shares his views on the concept of risk-sharing in higher education. The author presents the question: How would a risk-sharing policy--where colleges bear some financial responsibility for a portion of the federal loans that their students do…

In recent years, students and parents have seen tuition costs at colleges and universities rise, to the extent that many low-income families may feel a college education for their child is out of their financial reach. However, this sky-high tuition is often partially, or even largely, subsidized by various forms of financial aid. For families to…