Proposals to Reform the Higher Education Act

The last century has produced an American economy where more jobs than ever before require at least some postsecondary education or skill development. Wage premiums and job security continue to be associated with postsecondary education or skills attainment; however, the rising cost of college education and the accompanying growth in student loan balances erode the wage premium associated with a college degree. This report presents the Trump Administration proposals to reform the Higher Education Act.