This book explores the purposes of federal student loans, how well traditional arrangements work, and how innovations might offer guidance for rethinking the design of financial aid.

Students and families can finance higher education in three ways: grants, government-backed loans, or private loans. Contemporary research and debate typically focus on grants and federally supported loans. Meanwhile, despite its explosive growth, the private loan market remains minimally researched and poorly understood. This made sense a decade ago, when...

Sallie Mae (the Student Loan Marketing Association) was privatized in 1996, making it the first government-sponsored enterprise (GSE) to be spun off by the federal government with a sunset on its government charter. What has been the result and what can we learn from it? In a new study for...

Students should be able toattend college through choice-based arrangements, public, private and otherwise, that are grounded in free enterprise.

There is nothing like a transportation bill to get congressmen dreaming about their reelection campaign.

Maria Koklanaris interviews Frederick M. Hess on student educational loans.

EduCap broke down walls that had been erected by the government, banks, and college financial aid offices and brought easy-to-obtain private student loans to the masses.