Every year, the U.S. Department of Education provides billions of dollars in Federal financial aid to help students enroll in college. Yet too many students—roughly two in five bachelor’s degree-seeking students—leave school with no degree, often leaving them with debt, no job, and a high risk of default. In recent years, the Department has made strides toward improving these odds, yet more work remains.
To identify the most promising ways to improve postsecondary outcomes, researchers and policymakers need transparency into the data collected from Federal Student Aid (FSA) programs. That’s why the Department has taken significant steps to ensure more and better data are available. And it’s why today, we are announcing additional efforts to support responsible data access and transparency of information about higher education, while supporting borrower privacy and data security.