Pursuing a college degree--and the open future for young adults it is believed to secure--anchors what it means to be middle class in the United States today. Acting on the conviction that the rising generation can and should do better than their parents is a middle-class inheritance, and getting young adults to and through college is at the heart…

Examples of financial aid packages and family finanicial support strategies for low- and middle-income families are provided to illustrate the variety of approaches to financing higher education. The discussion is based on two recent American Council on Education reports. (MSE)

Higher education costs are borne by four parties: taxpayers, parents, students, and philanthropists. From a cost-sharing paradigm, a number of public policy instruments may be viewed as devices to apportion higher education's costs among their potential bearers. (MLW)

Recent attempts of the British government to shift its student aid programs from grants to loans are discussed, along with parallels between developments in student aid policy in both Britain and the United States. Great Britain's higher education structure, access to education, and enrollments are briefly described. In Britain over 90 percent of…