While the share of young adults with college degrees has doubled in the last 50 years, racial, gender, and socioeconomic disparities in enrollment remain significant. In a new report, Sarah Reber and Ember Smith illustrate how differences in academic preparedness are an important factor in college enrollment disparities.
Misunderstandings have long surrounded debates about the federal debt limit—the legal maximum amount of debt the federal government can accumulate. The U.S. once again hit that limit last week. Leonard Burman and William Gale outline inefficiencies of the debt limit, why it should be abolished, and what should replace it.
The Affordable Care Act allowed states to expand Medicaid to all people with incomes below 138% of the federal poverty level. 11 states have opted not to do so, reducing insurance coverage in the U.S. by 3.7 million people. In a new report, Matthew Fiedler assesses two approaches that Congress has considered (and may consider again) to address these gaps in coverage.