The first six months of Trump’s second term has improved incentives for students and colleges
Higher Education
Student debt now exceeds $1.5 trillion. We must overhaul a system that, for too long, has incentivized colleges and universities to charge unaffordable prices for degrees that do not always improve the lives of their recipients. Measures of return on investment (ROI) can help ensure that that institutions are accountable for the economic outcomes of the students they plunge into indebtedness.
All Higher Education
The current economics of higher education are often a mixed bag for American students
While capping overhead funding might move toward efficiency, the effects would likely benefit elite schools that can withstand funding cuts
Overpaying America's richest universities is a waste of taxpayer dollars and diverts money from actual science
States can change their hiring practices and dismantle unnecessary degree requirements in occupational licensing rules
Outcomes-based funding has the potential to drive higher education reform, but its success depends on selecting the best performance measures and ensuring consistent funding over time.
Removing barriers to entry can re-energize higher education markets
Recommendations for the next administration and the 119th Congress