The higher education realm plays a major role in producing the health workforce. Both the number and kinds of competently-prepared health professionals are dependent on the following considerations: the ability to attract student applicants with a solid background in science and mathematics to a wide range of academic programs at various degree levels, and the resources needed to cover the costs of education in health professions schools. Working Paper No. 30275 that was published in July 2022 by the National Bureau of Economic Research (NBER) sheds light on the latter issue by indicating that an increasing tension between the perceived necessity of a college degree and the challenge of paying for it has led to a proliferation of financial aid policies in the U.S. and around the world. More students are receiving more aid today, and more different types of aid, than ever before. Moreover, half a century of policy experimentation has led to an equally impressive accumulation of research evidence, facilitated by methodological advances and the widespread availability of student-level administrative data.
The authors present the economic rationale for financial aid, a summary of how aid works in the U.S. context, and common methodological challenges in studying it. They review the evidence from both inside and outside the U.S. on the causal impact of a variety of financial aid policies and programs on students’ college decisions, attainment, and post-college outcomes, and summarize the overarching themes with respect to margins of impact, mechanisms, and heterogeneity. They point out in their analysis that seemingly small bureaucratic details can dramatically alter students’ behavioral response to a given dollar of subsidy. Complex and uncertain eligibility and application procedures, such as those historically required to access Pell Grants, can prevent aid from effectively reaching those who most need it. One conclusion reached is the possibility that student aid programs could cause some students harm by inducing them into low-quality institutions when their time might have been better spent in the labor market, or by inducing them to take on debt for programs that don’t pay off.
Government Accountability Office (GAO) Analysis Of Student Loans
When the Patient Protection and Affordable Care Act (ACA) became law in March 2010, several of its provisions involving costs had to be offset. One proposed remedy was to use profits generated by having the federal government take over student lending. Although the Department of Education originally estimated federal Direct Loans made in the last 25 years would generate billions in income for the federal government, its current estimates show these loans will cost the government billions. According to a report issued on July 29, 2022 by the Government Accountability Office (GAO), these loans originally were estimated to produce $114 billion in income for the government. Although actual costs cannot be known until the end of the loan terms, as of fiscal year 2021 these loans are estimated to cost the federal government $197 billion. This swing of $311 billion was driven both by programmatic changes and by reestimates using revised assumptions (e.g., economic factors and loan performance) as additional data became available.
Proposed Rule On Nondiscrimination On The Basis Of Sex In Education Programs
The July 12, 2022 issue of the Federal Register, the official U.S. federal government journal, contains a hefty 190-pages of triple-column text describing a proposed new rule concerning Title IX regulations affecting how campuses deal with sexual harassment, assault, and discrimination. The U.S. Department of Education proposes to amend the regulations implementing Title IX of the Education Amendments of 1972 (Title IX). Current regulations are viewed as not best fulfilling the requirement of Title IX that schools and institutions that receive Federal financial assistance eliminate discrimination on the basis of sex in their education programs or activities. The Department therefore proposes that the current regulations should be amended to provide greater clarity regarding the scope of sex discrimination, including recipients’ obligations not to discriminate based on sex stereotypes; sex characteristics; pregnancy or related conditions; sexual orientation; and gender identity. A comment period ends on September 12, 2022.