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Dec. 8, 2023
EducationCounsel Co-Authors a Framework for Reforming Graduate Financing Policy
Most of the growth in the average and overall levels of student indebtedness in the past fifteen years has been driven by graduate student debt. Despite being just 21 percent of all enrolled higher education students, graduate and professional students now account for 47 percent of the federal student loans disbursed. In the first-of-its-kind report, the country’s leading higher education experts from across the ideological spectrum detail the out-of-control state of the current graduate loan financing system. For the benefit of students and taxpayers alike, the American Enterprise Institute, EducationCounsel, and the Century Foundation have established a policy framework with five common-sense solutions that policymakers must include in any durable, bipartisan reform.
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