Gains in school spending helped to lift achievement over the past half century. But California's ambitious effort--progressively distributing $23 billion in yearly funding to poorer districts--has yet to reduce disparities in learning. We theorize how administrators in districts and schools, given organizational habits and labor constraints, may…

Governments all over the world have been improving their educational sector through funding programs aimed at reducing the financial burden on parents, increasing access and quality to education. The government of Ghana in 2017 switched policy to a free senior high school policy to reduce poverty by finally eliminating the financial burdens…

This chapter describes the impact of major changes in community college funding on its open-access mission, as well as on the work and responsibilities of college leaders as they attempt to balance the increasing demands made of their institutions while concomitantly grappling with diminished public fiscal support.

This paper examines the higher education system in Brazil and one of the financial aid policies that the government has established. It seeks to find whether the Fundo de Financiamento ao Estudante do Ensino Superior (FIES), Financing of Higher Education Student, a financial aid program established by the Brazilian government in 1999, addresses…

"Cost­-sharing" refers to the principle that a variety of sources contribute to the cost of higher education. This study utilizes university-­level data from the United States to explore the increasing shift of cost burdens from governments to students. Panel regression results suggest that the share of expenditures drawn from tuition…

We study the impact of socio-economic status on enrollment and study decisions in higher education. We use a discrete choice approach to distinguish between three channels. First, students from disadvantaged backgrounds may be more sensitive to the costs of education. Second, they may have lower preferences for education. Third, they may have…

Rising college costs are of increasing concern. At the 12 public universities in Illinois, average increases in tuition were modest, generally in the 4% range, until 1999 when individual campuses begin to increase tuition at double digit rates. In 2002-2003, the overall average increase in tuition/fees more than doubled at 13.79%. In an effort to…

Ensuring college access amid rising tuition costs has hovered near the top of the nation's education agenda for years. Facing heightened concern about the student debt burden and disappointing college graduation rates, policymakers are hungry for fresh ideas. Federal Pell Grants, the primary means for subsidizing college tuition for…

The benefits of deferring the payment of higher-education costs are increasingly acknowledged as a way to overcome student-borrowing constraints. Since higher education is a risky investment and students are generally risk averse, the repayment arrangements proposed in the literature frequently include some insurance. In a competitive environment,…

The question of how the government can best support access to postsecondary education has become a critical issue for education policymakers around the globe, as the practice of cost sharing for funding postsecondary education has been more widely adopted. In this context, this study explores the approaches to implementing current need-based…

China has made huge strides in expanding access to higher education since the 1980s. The main approach to achieve mass higher education was cost-sharing reforms of tertiary education. This article examines the policy reforms that affected tuition, fees and subsidies for tertiary students since the end of the 1980s and looks at the effects in terms…

Higher education is being challenged to increase access and degree attainment for all student groups--a tall order under any circumstances, but particularly daunting in the current economy. To do this, institutional and policy leaders will need to find ways to reduce costs and permanently reduce spending demands while they maintain access. This…

During the last 25 years, there has been a major shift in the way that state and federal governments fund financial aid to students attending colleges and universities. This shift has been characterized by the idea of "cost sharing"--a "high tuition, high aid" model that requires students and their families to shoulder a greater percentage of the…

In 2004 Colorado passed legislation enacting the nation's first voucher-based approach to financing higher education, known as the College Opportunity Fund (COF). The work of an unusual coalition that included higher education leaders, generally conservative policymakers, and others, COF completely replaced the traditional approach of subsidizing…

The fiscal benefits that community colleges bring to the local, state, and national economies have long been the province of anecdote, conjecture, and debate, but important new work has taken much of the mystery and guesswork out of this question. We now know that the rate of return delivered on tax dollars spent to support community colleges is…