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In this paper—the first in a series of papers that will examine higher education quality assurance from a number of perspectives—Andrew Kelly and Kevin James argue that policymakers should rethink the US higher education system’s building blocks in a way that protects consumers and taxpayers while maximizing educational opportunity.
"Reinventing Financial Aid" presents innovations designed to improve grant and loan programs and the processes by which students can access them. Pushing past current debates, it also challenges leaders to think more boldly about policy design, examine the assumptions and incentives in the current system, and lay the groundwork for a fundamental rethinking of student aid programs.
The rising prices, in the cases of both housing and higher education, lead to cries that since the prices are now unaffordable, there has to be more credit. More (and more heavily subsidized) credit the politicians often enough deliver, and the escalation goes on.
Rationing federal credit through a more complex system involving individual loan underwriting that assesses the likelihood that a given borrower will be able to repay the debt, rather than through the flat borrowing caps that are in place today, could be a more effective way to protect consumers.
Much has been made recently of the rising cost of attending a four-year college. House Speaker John Boehner has decried the fact that “during the 1980s, the cost of attending college rose more than three times as fast as the typical family income,” and that “[t]his trend of rapidly-increasing...
This Center on Higher Education Reform report addresses America's failing student loan structure. The authors take an in-deth look at Income Share Agreements and their potential to replace traditional student loans.
AEI scholar Andrew P. Kelly reflects on the costly student aid system and its many failures - from the high schools that grant the diplomas to the colleges that gladly take Pell Grants from the underprepared to the students who fail to complete the courses.
Since the economic crisis, families have increasingly struggled with daily costs of living, let alone the cost of a college tuition. But, while the idea of a higher education "public option" may sound appealing, it does little to address the overall rising cost of higher education or student outcomes.
In this provocative volume, higher education experts explore innovative ways that colleges and universities can unbundle the various elements of the college experience while assessing costs and benefits and realizing savings.
We welcome you to join us for a panel discussion of the undersea military competition occurring in Asia and what it means for the United States and its allies.
AEI’s Election Watch is back! Please join us for two sessions of the longest-running election program in Washington, DC.
We welcome you to join us at AEI for a discussion of what’s next for the Common Core.
Please join AEI for a discussion examining each candidate’s platform and prospects for victory and the impact that a possible shift toward free-market policies in Brazil might have on South America as a whole.