Graduate Education and Federal Loan Dynamics

This chapter examines the rise of graduate education in the U.S., noting the doubling of graduate degree holders since 2000 and the impact of the Graduate Plus Loan Program on borrowing and enrollment. It contrasts the effects of loan availability on graduate student demographics and completion rates, revealing a lack of significant enrollment changes or improved outcomes despite increased debt. Additionally, the chapter discusses the relationship between federal student aid and rising tuition costs, highlighting that educational institutions often benefit more than students from government loans.