Value and Affordability

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Everyone Wants to Measure the Value of College. Now the Gates Foundation Wants a Say.

Chronicle of Higher Education

May 16, 2019   Student Success, Value and Affordability

As questions remain regarding the value and benefits of college degree, the Bill and Melinda Gates Foundation is seeking answersA newly created Commission on the Value of Postsecondary Education will measure and convey the economic value of a college credential. The commission aims to provide information for college administrators, policy makers, and students and families alike. 

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Future of work-study: How colleges’ role in student employment is changing

Education Dive

May 09, 2019   Student Success, Value and Affordability

Federal work-study programs have existed for decades to assist students in preparing for careers and to improve their financial securityAs student needs continue to evolve, improvements to the FWS program model are crucial. Suggestions include increasing the pay rate and providing opportunities that are aligned with students’ academic and career interests. NASPA has developed a self-assessment rubric for colleges to use in improving on-campus employment opportunities for students. 

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Young People Support Free College

Inside Higher Ed

May 03, 2019   Value and Affordability

In a recent poll of over 3,000 young adults aged 18-29, more than half answered they support free college, even with an estimated $47 billion price tag. Although other research has shown declining trust in higher education, more than half of poll participants indicated they trust their administrators all or most of the time. 

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How work-study programs can teach students career skills

Education Dive

March 12, 2019   Student Success, Value and Affordability

Work-study programs can both improve career readiness and retention on college campuses. A new report from NASPA explores how colleges and universities can design and administer on-campus student employment as a high-impact practice.

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Most US adults don’t think state funding to higher ed. is down

Education Dive

February 26, 2019   Enrollment Management Trends, Value and Affordability

Despite state funding for public two- and four-year colleges decreasing in recent years, only 29% of U.S. adults correctly recognized this trend. Across the country, colleges are trying to make up the deficits by increasing tuition, retaining less faculty, removing courses, and even shutting down campuses. If voters do not see this as a prevalent issue, it will be difficult to make the case for increased state investment.

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Black Borrowers Struggle With Student Loan Debt More Than Other Racial Groups

National Association of Student Financial Aid Administrators

February 19, 2019   Student Success, Value and Affordability

Black students struggle disproportionately compared to any other racial groups when it comes to student loan debt. On average, Black students finish college with more debt than their white counterparts. Much of this can be attributed to less financial and academic resources and lower earnings post-graduation.

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How to Get Students to Fill Out the FAFSA? Enlist Instagram Influencers

Chronicle of Higher Education

February 13, 2019   Enrollment Management Trends, Value and Affordability

Instagram users with large followings attract brands who wish to promote their products or services to their audiences. A select few influencers have partnered with U.S. Department of Education to post about the importance of completing the FAFSA with the hashtag #ButFirstFAFSA. Influencers are sharing their inspiring stories about attending college and the benefits of federal aid.

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Could Congress Pass a New Higher-Education Law Before 2020?

Chronicle of Higher Education

February 04, 2019   Student Success, Value and Affordability

Senator Lamar Alexander, a Republican from Tennessee, hopes to get the Higher Education Act reauthorized within the next year. The proposed bill would simplify the FAFSA process by reducing the number of questions, change the payment plan process for student loans, and enact a new accountability system for colleges based on the rate of graduates’ loan repayment.

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Why Didn’t Students Complete a Free Application for Federal Student Aid (FAFSA)? A Detailed Look

National Center for Education Statistics

December 29, 2018   Value and Affordability

This brief explores the reasons why students may not fill out a FAFSA and reasons why students may think they are ineligible to do so. Among the findings, 65% of students who were in 9th grade as of fall 2009 reported they completed the FAFSA. Of the remaining students, 24% did not complete the FAFSA, 3% did not know what the FAFSA was, and 8% did not know if they or their parents completed the FAFSA.

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Study Cites the Benefits of Taking Student Loans

Wall Street Journal

November 14, 2018   Value and Affordability

A five-year research project that followed 20,000 students at an urban community college found that taking student loans can help students earn better grades, take more classes, and graduate sooner. Students who take out loans are able to work less and concentrate on classes more because they have the financial security provided by the loan. However, this is a potential trade off to accumulating debt post-graduation. (Subscription required)

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