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Preston Cooper

@prestoncooper93.bsky.social
323 followers 94 following 41 posts

Higher ed, student loans, college ROI. AEI senior fellow. Forbes contributor. Hiker, diver, dog appreciator. Usual disclaimers. Mostly on Twitter: x.com/PrestonCooper93 Newsletter: prestoncooper93.substack.com

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Reposted by Preston Cooper
Ed Dolan @dolanecon.bsky.social · 23/09/2025
1/2 Alarmed by the decrease in college enrollment? Most of the drop is in low-quality schools, says @prestoncooper93.bsky.social . Although humanities majors like me will be saddened by erosion of deeper learning in favor of career-boosting majors. prestoncooper93.substack.com/p/why-the-co...
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Preston Cooper @prestoncooper93.bsky.social · 03/07/2025
Congress is on the verge of eliminating Grad PLUS—the program which extends effectively unlimited taxpayer-funded loans to graduate students—and imposing caps on graduate loans for the first time since 2006. The demise of Grad PLUS is welcome. My analysis at AEI: www.aei.org/education/co...
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Preston Cooper @prestoncooper93.bsky.social · 13/06/2025
My take on the Senate HELP higher education reform package www.aei.org/education/th...
aei.org
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Preston Cooper @prestoncooper93.bsky.social · 09/06/2025
My analysis of which colleges would benefit the most from the accountability provisions of the One Big Beautiful Bill Act--and which would face the stiffest penalties. www.aei.org/education/ho...
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Preston Cooper @prestoncooper93.bsky.social · 28/05/2025
Overregulation has made it hard to start new colleges —and the consequences for students are fewer opportunities and rising prices. Over at RealClearEducation, I argue that Ezra Klein & Derek Thompson should add higher education to the "Abundance" agenda. www.realcleareducation.com/articles/202...
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Preston Cooper @prestoncooper93.bsky.social · 20/05/2025
North Carolina! I'll be speaking with Jenna Robinson at this event in Raleigh on June 5. Join us if you're around! jamesgmartin.center/event/does-c...
jamesgmartin.center
Does College Pay Off? A Discussion with Preston Cooper — The James G. Martin Center for Academic Renewal
Preston Cooper is well-known for his efforts to make postsecondary education affordable and valuable for every American. As a senior fellow at the American Enterprise Institute, he researches college ...
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Preston Cooper @prestoncooper93.bsky.social · 08/05/2025
Just 12m of 35m student borrowers not enrolled in school are paying their loans on time. This could push some colleges above the 30% default rate threshold that would--if sustained--cause them to lose access federal aid. Colleges have a responsibility to help return student borrowers to repayment.
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Preston Cooper @prestoncooper93.bsky.social · 06/05/2025
My newsletter this month looks at strategies college trustees can use to improve students' return on investment at their institutions. Plus, my analysis of the House reconciliation bill & the Ed Dept resuming student loan collections. open.substack.com/pub/prestonc...
open.substack.com
What college trustees can do to improve students' return on investment
Plus: House Republicans propose a student loan overhaul, and the Education Department restarts collections on defaulted loans.
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Preston Cooper @prestoncooper93.bsky.social · 29/04/2025
House Republicans have proposed a new student loan repayment plan that would - for borrowers who keep up with their payments - prevent balances from rising over time. Here's how it works: www.aei.org/education/ho...
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Preston Cooper @prestoncooper93.bsky.social · 28/04/2025
Good morning! I am in the Washington Post today with a look at the troubling student loan repayment situation--and what the government can do about it. www.washingtonpost.com/opinions/202...
washingtonpost.com
Opinion | Biden’s student loan pause created a bubble. It’s about to pop.
As collections resume after five years, disaster looms for delinquent borrowers, taxpayers and the economy.
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Preston Cooper @prestoncooper93.bsky.social · 22/04/2025
No one benefits when borrowers are allowed to default. If the student loan program is to continue functioning, there must be consequences to discourage default. Reimplementing the collections system was always going to be necessary, and now is as good a time as ever. www.forbes.com/sites/presto...
forbes.com
Trump Administration Announces Plan To Get Borrowers Paying Student Loans Again
Involuntary collections on defaulted student loans will resume on May 5, while the Education Department will conduct outreach to all borrowers.
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Preston Cooper @prestoncooper93.bsky.social · 14/04/2025
What actions could Secretary McMahon take *right now* to raise awareness among student loan borrowers that payments are due again? I explore two options over at the AEI blog. www.aei.org/education/ho...
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Preston Cooper @prestoncooper93.bsky.social · 26/03/2025
In February 2020, the last month before the student loan payment pause began, 60 percent of borrowers (serviced by Nelnet) were repaying their loans on time. Last month, the current repayment rate was just 38 percent. New data in my latest post for AEI: www.aei.org/education/le...
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Preston Cooper @prestoncooper93.bsky.social · 24/03/2025
Student loan payments have resumed after a five-year pause. But the return to repayment is going badly. Congress and the Trump administration need to fix it, I argue in @thehill.com thehill.com/opinion/educ...
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Preston Cooper @prestoncooper93.bsky.social · 20/03/2025
Appreciate Adam Wittenberg quoting me in this good piece about rising student loan delinquencies. readlion.com/student-loan...
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Preston Cooper @prestoncooper93.bsky.social · 14/03/2025
I have a new report for AEI looking at changes in college tuition between 1990 and 2020. While net tuition paid by students rose around $4,500 in real terms, net tuition received by institutions rose $8,100. The wedge is due to rising external financial aid. www.aei.org/research-pro...
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Preston Cooper @prestoncooper93.bsky.social · 13/03/2025
There are 35 million federal student loan borrowers not enrolled in school. As of September 2024, just 13 million were making on-time payments on their loans. My latest post on the data behind the return to repayment: www.aei.org/education/th...
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Preston Cooper @prestoncooper93.bsky.social · 26/02/2025
Super excited to join this panel next Tuesday at SXSW EDU in Austin! Join us if you can. Details: schedule.sxswedu.com/2025/events/...
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Preston Cooper @prestoncooper93.bsky.social · 21/02/2025
We have an injunction from the 8th Circuit blocking the SAVE plan, as expected. But the order also says that *all loan forgiveness* on income-driven repayment plans using the same statutory authority is illegal. The implications here are potentially big. New from me: www.forbes.com/sites/presto...
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Preston Cooper @prestoncooper93.bsky.social · 19/02/2025
February newsletter is out! This month I look at how state governments contribute to degree inflation (and what they can do about that). Also: How Trump can fix the student loan program, and college enrollment trends to watch. Read it here: prestoncooper93.substack.com/p/how-states...
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Preston Cooper @prestoncooper93.bsky.social · 04/02/2025
I'm testifying for the House Education & Workforce Committee tomorrow at 10:15 on the state of American higher education. Tune in here: www.youtube.com/live/TB4nIgm...
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Preston Cooper @prestoncooper93.bsky.social · 24/01/2025
The Postsecondary Commission, an aspiring new accreditor focused on student outcomes, is hiring a program manager. Great opportunity for rising higher ed scholars--and a fantastic team to work with. Link to the job description: postsecondarycommission.org/wp-content/u...
postsecondarycommission.org
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Preston Cooper @prestoncooper93.bsky.social · 23/01/2025
Takeaways from the Nat'l Student Clearinghouse college enrollment trends report: -The FAFSA debacle had less impact than expected. -Vocational schools show strong growth. -Students are choosing high-value college majors. -A rise in grad school enrollment has me worried. www.aei.org/education/fo...
aei.org
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Preston Cooper @prestoncooper93.bsky.social · 22/01/2025
How Trump can permanently fix the student loan program My latest at the Washington Examiner: www.washingtonexaminer.com/restoring-am...
washingtonexaminer.com
How Trump can permanently fix the student loan program - Washington Examiner
President Donald Trump has a great opportunity to permanently fix the broken federal student loan system if his administration moves swiftly.
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Preston Cooper @prestoncooper93.bsky.social · 07/01/2025
Congress can Democrat-proof the student loan program forever with a simple change: Block the Education Department from issuing new regulations or executive actions related to the student loan program that increase costs to taxpayers. My latest for AEI: www.aei.org/education/co...
aei.org
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Preston Cooper @prestoncooper93.bsky.social · 06/01/2025
My former FREOPP colleague, Annie Bowers, has published an excellent new paper on outcomes-based funding for higher education, and how to get it right. freopp.org/whitepapers/...
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Preston Cooper @prestoncooper93.bsky.social · 03/01/2025
The Trump transition team is undoubtedly making plans to undo many Biden-era regulations and executive order. But on education, there's one initiative the new administration should maintain: the Financial Value Transparency rule. My latest www.aei.org/education/th...
aei.org
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Preston Cooper @prestoncooper93.bsky.social · 02/01/2025
Some employers are dropping hiring preferences for graduates of ultra-elite colleges. The cases are anecdotal so far, but if they become a trend it would be welcome. My latest for AEIdeas: www.aei.org/education/em...
aei.org
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Preston Cooper @prestoncooper93.bsky.social · 02/01/2025
I've been in Southeast Asia for the past three weeks. What did I miss?
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Preston Cooper @prestoncooper93.bsky.social · 12/12/2024
I caught up with Rep. Virginia Foxx on Monday. We discussed her eight-year tenure as the Republican leader on House Ed & Workforce, the College Cost Reduction Act, and what comes next. Watch the full conversation here: www.aei.org/multimedia/r...
aei.org
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Preston Cooper @prestoncooper93.bsky.social · 06/12/2024
Employers and state governments have dropped degree requirements from jobs where they're not necessary. But so far we're not seeing the fruits of their efforts in the data--degree inflation continues apace. My latest in Forbes: www.forbes.com/sites/presto...
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Preston Cooper @prestoncooper93.bsky.social · 03/12/2024
I have a new report for FREOPP on state authorization of colleges: what it is, how it works, case studies of new institutions that have navigated it, and policy recommendations to balance innovation & consumer protection. freopp.org/whitepapers/...
freopp.org
Reforming State Authorization of Colleges to Boost Competition and Lower Tuition - FREOPP
Removing barriers to entry can re-energize higher education markets
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Reposted by Preston Cooper
Robert Kelchen @robertkelchen.com · 02/12/2024
I have a new @nberpubs.bsky.social working paper out with @dubravkaritter.bsky.social and @dougwebberecon.bsky.social that examines the extent to which college closures can be predicted. Using machine learning, we improve on traditional models. But it's still hard to predict exact closure dates.
nber.org
Predicting College Closures and Financial Distress
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
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Preston Cooper @prestoncooper93.bsky.social · 02/12/2024
I'm quoted in Business Insider on what might happen with loan cancellation under Trump. www.businessinsider.com/save-plan-ch...
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Preston Cooper @prestoncooper93.bsky.social · 26/11/2024
A study showing disappointing results for certain short-term programs doesn't mean we shouldn't expand Pell Grants to short-term workforce education. Rather, we should require programs receiving funding to meet high standards. www.aei.org/education/do...
aei.org
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Reposted by Preston Cooper
Bill DeBaun @billdebaun.bsky.social · 22/11/2024
"CBO expects that taxpayers will lose 25 cents on every dollar they lend to graduate students over the coming decade...That equates to $130 billion in taxpayer losses." "End Federal Loans for Graduate School" via @prestoncooper93.bsky.social. www.aei.org/education/en...
aei.org
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Preston Cooper @prestoncooper93.bsky.social · 21/11/2024
Federal loans to graduate students will cost taxpayers $130 billion over the next decade. There's evidence federal loans increase tuition and subsidize low-quality master's programs. My new issue brief for Ed Counsel argues we should end them. www.aei.org/research-pro...
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Preston Cooper @prestoncooper93.bsky.social · 19/11/2024
"Brand-name schools have realised that they can trade on their reputation to offer programmes that look very prestigious on paper," says Dr Cooper, "but which don’t have outcomes that justify the hype." I'm quoted in The Economist on master's degrees. www.economist.com/internationa...
economist.com
Is your master’s degree useless?
New data show a shockingly high proportion of courses are a waste of money
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Preston Cooper @prestoncooper93.bsky.social · 18/11/2024
"Something else dramatic is happening to the college application process, for the first time in decades: It’s becoming easier to get in." I'm quoted in Jon Marcus' latest on college admissions. hechingerreport.org/a-trend-coll...
hechingerreport.org
Despite public perception, and for the first time in decades, college acceptance rates are going up
Something dramatic is happening to the college application process, for the first time in decades: It’s becoming easier to get in.
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