Federal higher education financial aid policies, which are supposed to serve as a crucial bulwark against the rising costs of higher education, often fundamentally misunderstand the family financial dynamics of low-income college-goers. We uncover enormous diversity in the flow of … Read more

Higher education is widely considered to be a wise investment in the United States today. However, this belief may hide an inequality in students’ abilities to “convert on” a college degree, and the overwhelming impact high levels of student debt … Read more