Today, approximately 7.5 million Americans are in default on their federal student loans. Borrowers enter default when they miss 270 days’ worth of payments, and being behind on student loan bills comes with severe financial consequences. Borrowers in default can be charged high collection fees and have portions of their wages, tax refunds, and federal…
Part II: Public and Non-Profit Four-Year Universities
July 13, 2022
The Pell Grant is targeted to students with the greatest financial need, and many policymakers find the Pell Grant a useful policy lever for promoting access and success for students from lower- and moderate-income backgrounds. There are several examples where policymakers use Pell eligibility to allocate resources and hold colleges accountable for their outcomes; however,…
Across the country, food insecurity is harming the ability of college students to achieve their educational and professional goals. One of the most effective ways to ensure stable food access is by signing students up for the Supplemental Nutrition Assistance Program (SNAP). Unfortunately, too few students with need actually enroll in SNAP.
Can Federal Oversight of Accreditation Improve Student Outcomes?
May 25, 2022
Since the 1960s, the accreditation process and accreditors have played an important gatekeeping function for institutions’ access to federal student financial aid. Recognizing this role, Congress and the Department of Education have introduced and modified federal requirements and oversight of accreditors to ensure that these gatekeepers are protecting students and public dollars. While these federal…
At the start of the COVID-19 pandemic, the federal government stopped requiring payment on most federal student loans. This “payment pause” was originally set to expire in September 2020, but after several extensions it is set to expire May 1, 2022. This report from the California Policy Lab and the Student Loan Law Initiative describes…
Amid calls to extend the two-year pause on the repayment of federally held student loans, researchers at the Federal Reserve Bank of New York predict in a report released this week that borrowers are likely to struggle financially once forbearance ends. The result, according to the report, will be a significant rise in delinquencies, both…
Canceling Debts That Surged During COVID-19 for Low-Income Students
March 16, 2022
New research from NextGen Policy and the Student Borrower Protection Center suggests that colleges’ policies around unpaid student balances may be contributing to enrollment declines while also creating lasting financial challenges for students.
Green jobs are already in demand across the country, and Arkansas is no different. A new report from Emsi, Burning Glass, and WorkingNation examines and details the growing green workforce in Arkansas and the skills needed to land these jobs.
Lessons Learned From Colorado Performance Contracts
Feb. 2, 2022
A report from the Center for American Progress examines Colorado’s experiment with performance contracts in the College Opportunity Fund and how those contracts might be used for accountability in federal-state partnership proposals for higher education.
Higher education policy experts with differing views on the value of for-profit institutions offer six policy recommendations for holding for-profit institutions accountable in a report from Opportunity America.
Who We Are
Lumina Foundation is an independent, private foundation in Indianapolis that is committed to making opportunities for learning beyond high school available to all. We envision a system that is easy to navigate, delivers fair results, and meets the nation’s need for talent through a broad range of credentials. Our goal is to prepare people for informed citizenship and for success in a global economy.