Many years have passed since our first article published in this site. Applying publicly available data, the Association has conducted comprehensive studies on the US Higher Ed. The results show that the System is broken. AAEA is conducting a survey, started several years ago which is still accessible now, on the topic directed to the American public. The survey and results can be accessed here. These results will help the Lawmakers to know the majority of public opinion on US higher education, and hopefully, they will do something meaningful for the Country. If you are interested in expressing your opinion, please do so.
Finally five years after the first article was published, the Congress is trying to fix the broken system, according to this recently published article. But, it may not easy for the current system has been built for so many years and too many groups have different interests which are entangled tightly. There will be no quick fix/solution, if any, or maybe there isn’t any. Hopefully, it is not the seasonal (election time) effort from the Lawmakers to come out with solutions. One thing that they definitely can do, lower the Fed Loans interest rate!