In this study on financial aid to students in higher education, descriptive data are provided on differences found among states, institutional sectors, and income groups with respect to student costs and sources of funding, the reduction in cost of attendance due to the distribution of aid, and the resulting amount of overmet or undermet financial…

As a part of a study on financing higher education in California, information is presented on student loans and alternative methods of financing. Part 1 reviews problems caused by a heavy reliance on the federal Guaranteed Student Loan program (GSL). It discusses troubles of the GSL program; the lack of policy purpose; program costs; defaults;…